Many popular crypto exchanges offer low-cost trading and storage perks so they can lend your assets out or use them in their own trades. While they may be acting with best intentions, if they go bankrupt, you could lose all of your assets. On My Digital Money, your crypto is safely stored in trust, which means we can’t borrow, lend, or use your money for our own investments, even if we wanted to.
Trade Crypto In An IRA Or A Standard Trading Account
My Digital Money isn’t just for investing in a crypto IRA. Users also have access to a standard account all in one dashboard. Standard accounts provide the flexibility to withdraw profits anytime without penalty AND your assets are still safely stored in trust with our custodian, Equity Trust.
The cryptocurrency space is exciting, but we understand that it can also be challenging to grasp if you’re a newcomer. We’ve built a simple, transparent trading platform designed for investors of any experience level to trade crypto in a secure, tax-advantaged way.
We Humanize The Trading Experience
U.S. Based Support
At My Digital Money, customer success is our primary concern. Our support staff is entirely U.S.-based, and they can help you with much more than password resets and platform training. Get help with transferring an existing IRA to a crypto IRA, ask questions about coins, talk through investment strategies, or just use us as a sounding board before you make a trade. No matter your concern, our team is standing by with their white gloves on.
Our focus is to help you build your nest egg, and because of that, security is our top priority. We have strict security practices around storage and withdrawals to protect your retirement. We partner with Genesis Custody, a global leader in digital asset security, for segregated cold storage, digital asset crime insurance, and vault risk insurance. This insurance covers theft, damage, destruction, or any other physical loss of your crypto while held by our custodian.
Want to familiarize yourself with the platform before funding your crypto IRA account? My Digital Money also offers free play money accounts so you can tour the platform and sharpen your crypto trading skills before making your first real trade. Play money accounts are free to sign up for and 100% risk-free.
Cryptocurrencies like Bitcoin, Ethereum, and the like have provided investors countless ways to build real wealth. Of course, everyone wants to make a killing, and many people have. Making a tidy profit off crypto feels incredible – until the IRS sends you a capital gains tax bill. If you’re sweating…