I recently had a Crypto IRA with Alto. They had the least amount of fees and some of the best customer service, and I just wanted to used it as a tax free IRA savings account.
Started it back in late 2023, no issues at all. Fast forward to the last few months, now it looks like Alto got bought by Public. Ok, heard of Public as a a stock company mostly, but waiting to see what they offer once everything is up and running.
Got it today, went straight to the fee structure. Transaction fees a bit high, but expected that. Go down lower, a Crypto IRA Custodial Fee? 0.05% per month based on the daily balance of your Crypto IRA, less any transaction fees paid in connection with Crypto IRA transactions in that month???
Never had that in Alto, in fact that's one of thr reasons I chose that one, as it was like my Crypto retirement savings account, never did any trading in it. Now tho, if I just do what I have been doing I'm going to have to still pay a month maintenence fee just for the privilege which rankles with me.
So Im looking now for what my tax free options may be for storing Crypto. I looked into both Bitcoin IRA and Equity Trust way back when I was setting this up, think transaction fees were a bit high for me then which is why I went with Alto. If they dont have a monthly fee I may be interested now.
Does anyone have any personal experience with any crypto IRA companies? Could always AI it, and if it comes down to semantics may ask it, but looking for more human experiences first
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