Review
iTrustCapital
The cheapest, simplest crypto IRA to set up
Our Verdict
If you mostly want low cost and an easy start, this is the one our view keeps coming back to. iTrustCapital has the lowest fees in the Bitcoin IRA space and the most straightforward setup - $1 per trade on crypto, no monthly fees, and your coins held by Coinbase Custody (an institutional-grade vault that stores assets for big firms). Over decades, fees that small leave more of your retirement money working for you. The catch you should weigh: there is no self-custody here, so you never hold a key yourself, the platform nudges altcoins (other cryptocurrencies) alongside Bitcoin, and you are trusting a third party with your retirement savings entirely. In our view, it is the best pick if you prioritize low cost over holding the keys.
What we like
- Lowest trading fees in the Bitcoin IRA space ($1 per trade or 1%)
- No monthly account maintenance fees
- Quick, streamlined account setup process
- Supports Traditional, Roth, and SEP IRAs
- Coinbase Custody for institutional-grade asset storage
- Longest track record among dedicated crypto IRA platforms
What could be better
- No self-custody option - all assets held by Coinbase Custody
- Multi-asset platform - promotes altcoins alongside Bitcoin
- No key control or multi-sig option
- Limited educational resources compared to Swan
- Customer support quality is inconsistent by reports
- Not Bitcoin-focused - company incentives aligned with trading volume across all assets
How We Scored This
Community score compiled from Reddit threads, expert reviews, and app store ratings.
Opinions split. Cost-focused investors praise the $1 trade fee and no-minimum setup. Bitcoin maximalists dislike the multi-asset model and lack of key control. Common sentiment: "it works fine, but you're trusting Coinbase with your retirement money."
Consistently rated as the lowest-cost crypto IRA in mainstream personal finance comparisons. Praised for fee transparency and simple setup. Noted as the best option for investors who want crypto IRA exposure without the complexity of self-custody.
4.0/5 on the App Store. Positive reviews praise the low fees and ease of use. Negative reviews cite slow customer support response times and confusion about the difference between the app and the web platform.
Assets are held by Coinbase Custody Trust Company, a qualified custodian regulated by NYDFS. SOC 2 Type II certified, $320B+ in institutional assets under custody. The custodian is strong - the question is whether you want third-party custody at all.
Score History
Published aggregated community review. Community score (16/25) reflects broad satisfaction with fees but Bitcoin community skepticism toward the multi-asset, third-party custody model.
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