How can I use a USAA Roth account to invest in cryptocurrencies?

3 answers

• May 04, 2022 · 3 years ago
  Sure, you can use your USAA Roth account to invest in cryptocurrencies. However, it's important to note that USAA does not directly offer cryptocurrency investments. To invest in cryptocurrencies using your USAA Roth account, you would need to open a self-directed Roth IRA with a custodian that allows cryptocurrency investments. Once you have opened the self-directed Roth IRA, you can transfer funds from your USAA Roth account to the self-directed IRA and use those funds to invest in cryptocurrencies.
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• May 04, 2022 · 3 years ago
  Absolutely! You can invest in cryptocurrencies using your USAA Roth account. However, USAA itself does not offer direct cryptocurrency investments. To invest in cryptocurrencies, you would need to open a self-directed Roth IRA with a custodian that allows cryptocurrency investments. Once you have set up the self-directed Roth IRA, you can transfer funds from your USAA Roth account to the self-directed IRA and then use those funds to invest in cryptocurrencies.
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• May 04, 2022 · 3 years ago
  Yes, you can invest in cryptocurrencies using your USAA Roth account. However, USAA does not directly offer cryptocurrency investments. To invest in cryptocurrencies, you would need to open a self-directed Roth IRA with a custodian that allows cryptocurrency investments. Once you have set up the self-directed Roth IRA, you can transfer funds from your USAA Roth account to the self-directed IRA and use those funds to invest in cryptocurrencies. BYDFi is a popular custodian that allows cryptocurrency investments and is often recommended by investors.
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