Itrustcapital breaks Bitcoin trends with baby boomers

LONG BEACH, California. August 9, 2021 – iTrustCapital, the world’s largest Crypto IRA investment platform, is breaking bitcoin trends with the baby boomers as most of their investors are 45-65 year old professionals with sizeable retirement accounts.

These investors have long-term belief in cryptocurrency as an alternative asset class and want tax-privileged access through their IRA retirement accounts. iTrustCapital made the process easy and secure by providing 24/7 trading access with live customer support through a legal, insured and IRS compliant platform with the lowest fees in the industry.

iTrustCapital is bucking the trend when it comes to customer age demographics. While the average crypto investor is typically 23-29 years old, iTrustCapital Customers are typically between 45 and 65 years old. The company is well positioned to capitalize on the growing appetite of long-term investors for crypto as it has the lowest fees among any other Crypto IRA provider.

The platform has exceeded a total trading volume of $ 2.2 billion since its launch two years ago on July 8, 2019. Since its inception, the company has attracted more than 57,000 IRA accounts, with more than 15,000 active monthly users, generating nearly $ 23 million in revenue year-to-date. Realizing that digital assets and cryptocurrencies can soar in value dramatically, boomers are looking for ways to protect their savings from the threat of inflation.

The company’s latest move to integrate with Coinbase Custody is due to the fact that the value of the cryptocurrency markets has increased over the past year, placing more responsibility on operators in protecting funds from attack.

Despite recent market volatility, the craze for bitcoin and cryptocurrencies as long-term investments has not been dampened, and baby boomers are realizing the potential long-term benefits of these digital assets.

Approximately $ 150 billion in capital resides in a system of self-directed niche IRAs that are difficult to use, cost a lot of money, and leave all the administrative and due diligence risk to investors. The transformation of this system will unleash US $ 35 trillion in retirement assets in alternatives. iTrustCapital estimates that the retirement accounts of the Crypto IRA and other alternative assets will exceed $ 1.5 trillion within seven years.

Also read: Extreme volatility of the cryptocurrency: gold can never be the safe haven

iTrustCapital aims to simplify the Crypto IRA investment process and empower millions of investors who want to participate in the economic growth of a blockchain future.

A list of the digital assets currently available on the platform or more information about iTrustCapital can be found at itrustcapital.com.

Published on September 10, 2021

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