BitIRA, which is a market leader in providing cryptocurrency options for retirement accounts, announced that the platform is expanding the list of the offered coins. Today, on June 27, the company officially announced about adding Stellar Lumens (XLM) and Zcash (ZEC) to their platform. The two new currencies will be added to other 7 cryptocurrencies that are currently available on the platform including: Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Bitcoin Cash (BCH) and Ethereum Classic (ETC).
Digital Currency Specialist at BitIRA, Jay Blaskey commented on the new listing stating: “we are excited to meet strong customer demand for both Stellar Lumens and Zcash as part of a diversified retirement portfolio. But while selection is important, protection is critical. Both XLM and ZEC are exciting new retirement investment options, and unlike most competitors we insure and protect those investments even after the initial transaction, so our customers can keep the new coins safe and secure”.
BitIRA reportedly covered the two new coin options under its security protocols and end-to-end insurance program which is the broadest in the industry. What makes BitIRA’s comprehensive protocols different from basic competitive programs is that the company includes both security and insurance across purchase transactions, indefinite storage and sale. In addition, BitIRA is currently the only company which offers combination of true cold storage, end-to-end insurance to digital retirement investors.
This makes BitIRA the first digital currency IRA service which was registered as a Money Services Business. In addition, BitIRA has confirmed that they have been strictly following the guidelines which are set forth by U.S. Department of the Treasury (FinCEN). This strategy and general approach is showed in order to further demonstrate the company’s strong commitment to securing its customers’ cryptocurrency retirement savings.