Irvine, CA, USA · North America · Los Angeles, CA, USA
Finance · Information Technology · Blockchain and Crypto · Software
iTrustCapital is a digital asset trading platform that allows clients to buy and sell Cryptocurrencies and Physical Gold real-time, 24/7, through their retirement accounts. The service addresses approximately $1 Trillion + of capital that's held by investors who trade these assets outside of tax-advantaged accounts. Ten to 15 million Americans invest in cryptocurrencies and millions more in physical gold. Most solutions facilitating these investments are complicated, risky, and create a tax liability. Buying cryptocurrencies involves applying for, then funding accounts on multiple exchanges and withdrawing the investment to a hardware security device. Selling is the same risky process in reverse. Buying gold is just as inconvenient; requiring shipping, receipt, and storage. The worst part is the reporting and tax liability incurred on every transaction. With the IRS targeting cryptocurrency investors for not reporting their trades, iTrust users defer or eliminate taxes and have no reporting requirements. While other IRA services charge as much as 15% for a single transaction, iTrust's transaction fee is just 1%. As part of the service, iTrust provides IRA Maintenance and institutional-grade secure storage for a flat fee of $29.95 per month.Something looks off?