Around four years ago, Bitcoin IRA launched its first self-directed individual retirement account that required balance minimums of $20,000. Now the firm has dropped that minimum to $3,000 for a standard account. With the addition of Saver IRA, the company has a no-balance-minimum account that instead requires a monthly deposit minimum of $100.
As COVID-19 lockdowns continue to dampen the global economy, Kline said he believes more consumers will look for alternative retirement funds.