Kraken vs Bitcoin IRA

Kraken Logo

Kraken

Kraken is a digital asset exchange platform that was founded in 2011 and is headquartered in San Francisco, California. UK Residents: Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you shou...

Bitcoin IRA Logo

Bitcoin IRA

Bitcoin IRA is a retirement-focused IRA account powered by Bitcoin, Ether and USD. Monthly payouts, low minimums and no lockup period (5-day settlement period required).

Platform
Kraken Platform
Bitcoin IRA Platform
Website
Bonus
Token
Founded
2011
2015
Headquarters
San Francisco, CA
Sherman Oaks, CA
Availability
Worldwide, on-chain staking unavailable in the US and UK
Worldwide

Cryptocurrency Rates

BTC Rate
1.25%
2%
BTC Max
ETH Rate
4%
2%
ETH Max
7%
LTC Rate
LTC Max
DOGE Rate
DOGE Max
Stablecoin Rate
1.6%
6%
Stablecoin Max

Fees & Financial

Compounding
No
Yes
Payouts
Once or twice a week, depending on coin
Monthly
Fees
Yes
Yes
Lockup
None
Maker Fee
0.16
Taker Fee
0.26
Kraken Logo

Kraken Pros

    • Offers on and off-chain staking
    • Full exchange services

Kraken Cons

    • Interest rate will vary (Kraken takes a flat 15% from staking rewards)
Bitcoin IRA Logo

Bitcoin IRA Pros

    • Traditional retirement account tax benefits

Bitcoin IRA Cons

    • Requires 10k deposit minimum