How can I use my Capital One Investing IRA to invest in cryptocurrencies?

1 answers

• May 18, 2022 · 3 years ago
  Investing in cryptocurrencies with your Capital One Investing IRA is definitely possible. However, it's important to note that Capital One Investing doesn't directly offer cryptocurrency investments. To invest in cryptocurrencies with your IRA, you'll need to open a self-directed IRA with a custodian that allows for alternative investments. Once your self-directed IRA is set up, you can transfer funds from your Capital One Investing IRA into the new account. From there, you can invest in cryptocurrencies through a cryptocurrency exchange or trading platform of your choice. Just make sure to do your due diligence and choose a reputable exchange or platform that aligns with your investment goals and risk tolerance. Happy investing!
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