BitcoinIRA Announces Ethereum Staking for Crypto IRAs

BitcoinIRA¹, the world's first and most trusted digital asset IRA platform, today announced the launch of Ethereum (ETH) staking within its tax-advantaged retirement accounts. This follows the recent...

Building on Recent ADA Staking Launch, The World's First and Most Trusted Digital Asset IRA Platform Unveils Next Iteration of Staking Capabilities

LAS VEGAS: BitcoinIRA¹, the world's first and most trusted digital asset IRA platform, today announced the launch of Ethereum (ETH) staking within its tax-advantaged retirement accounts. This follows the recent introduction of Cardano (ADA) staking, marking a significant expansion of BitcoinIRA's staking services. Looking ahead, the platform plans to introduce staking options for Solana (SOL) and Polkadot (DOT), further broadening investment opportunities for its users.

Empowering Retirement Portfolios with ETH Staking

Ethereum, the second-largest cryptocurrency by market capitalization, has transitioned to a Proof-of-Stake (PoS) consensus mechanism, allowing holders to earn rewards² by staking their ETH. With BitcoinIRA's new offering, investors can now participate in ETH staking directly within their self-directed IRAs, combining the benefits of crypto growth with the tax advantages of retirement accounts.

"We are proud to be launching our ETH staking product following the launch of ADA staking," said Chris Kline, co-founder and chief operating officer at BitcoinIRA. "We are incredibly optimistic that giving more tools to enhance retirement is a powerful way to stay true to our mission: helping Americans retire."

What is Crypto Staking?

Staking is a way to earn passive income by participating in Proof of Stake (PoS) blockchain networks. By staking your crypto, you support network security and operations and earn potential rewards² in return.

Now available through BitcoinIRA, staking is:

Tax-Deferred: Earn crypto rewards while benefiting from the tax advantages of an IRA
Transparent: Easily view your rewards and transaction history in your dashboard

Live Now: Cardano (ADA), Ethereum (ETH)

Coming Soon: Solana (SOL), Polkadot (DOT)

Why Stake with BitcoinIRA?

Earn While You Hold: Generate potential staking rewards without selling your crypto
Seamless Experience: Stake and unstake directly from your dashboard in just a few clicks
Monthly Payouts: Rewards are credited to your BitcoinIRA account after applicable fees

How to Get Started

Select or purchase Ethereum (ETH)

Click "Stake" on the asset details page

Enter the amount to stake and confirm

More Coins. More Opportunity.

BitcoinIRA will soon add support for staking additional top-tier digital assets. SOL and DOT are next, giving clients more options to grow their crypto retirement portfolios with ease.

About BitcoinIRA

BitcoinIRA is the world's first and most trusted digital asset IRA platform, allowing individuals to invest in Bitcoin, Ethereum, Cardano, Solana and more than 75 cryptocurrencies within a tax-advantaged retirement account. With a proprietary platform, robust security, 24/7 trading and live support, BitcoinIRA has helped thousands of Americans diversify their retirement with crypto.

This is just the beginning. The future of retirement is here.

Disclosures

BitcoinIRA is a platform that connects users to qualified custodians, digital wallets and cryptocurrency exchanges. BitcoinIRA is not a custodian, digital wallet or exchange. This article is for educational purposes only. Consult a qualified tax or investment advisor to determine whether BitcoinIRA is right for you.

Staking rewards are not guaranteed. Estimated APYs are subject to change based on network conditions, fees and compounding frequency. Eligible assets may vary at the custodian's discretion. Staked assets are subject to the terms of BitcoinIRA, the custodian and applicable blockchain protocols.

Fonte: Business Wire