Robinhood vs BitIRA
Robinhood is a free way to trade stocks with limited bells and whistles. How does it compare to BitIRA? Read our comparison chart below.
Robinhood offers $0 stock trades by cutting out physical offices and manual account management. Only basic stock trading can be performed on the mobile app. There is no minimum deposit or maintenance fee, though there is an optional paid premier customer tier starting at $5/month.
While BitIRA lets you start and maintain a self-directed retirement account with alternative assets such as cryptocurrencies, precious metals, and real estate. There are no setup fees or ongoing fees. They offer end-to-end insurance on users’ accounts, highly secure storage, and a learning platform called BitIRA U.
Compare Robinhood with BitIRA, side-by-side.
Visit Site | Visit Site | |
Robinhood | BitIRA | |
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Get a Free Stock (worth between $5 and $200) - | Invest in Cryptocurrencies Tax Free with IRA - | |
Benefits and Features | ||
Stock Trading | ||
Options Trading | ||
Minimum Deposit | ||
Mutual Fund Trading | ||
Cryptocurrencies Supported | AAVE, AVAX, BTC, BCH, LINK, COMP, DOGE, ETH, ETC, LTC, SHIB, XLM, XTZ, UNI, USDC | 18 (Bitcoin, Bitcoin Cash, Chainlink, Ethereum, Ethereum Classic, Litecoin, Zcash, Stellar Lumens, Aave, Basic Attention Token, The Graph, Livepeer, Maker, yearn.finance, Dai, Uniswap, Compound) |
Fiat Currencies Supported | ||
Digital Wallet | ||
Transaction Fee | ||
Banking | Offers Robinhood spending account with Robinhood Cash Card issued by Sutton Bank | |
Mobile App | ||
Wire Transfer Fee | ||
Cold Storage | ||
Two-Factor Authentication | Device approvals, Authenticator app, SMS | |
Withdrawal Limit | None. 10% penalty under 59 1/2 years old | |
Forex Trading | ||
Futures Trading | ||
CreditDonkey® Reviews | ||
Stock Trading | ||
Options Trading | ||
Minimum Deposit | ||
Mobile App | ||
Commissions and Fees | ||
Customer Service | ||
Ease of Use | ||
Research | ||
Pros & Cons | Pros:
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Bottom Line | Free way to trade stocks with limited bells and whistles... | |
Visit Site | Visit Site | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Robinhood: Pricing information from published websites as of 08/13/2024. |
Buy and Sell Cryptocurrency
Robinhood Crypto offers commission-free cryptocurrency investments 24/7. Some of the cryptocurrencies available are Bitcoin, Dogecoin, Ethereum, and Litecoin. This offer is currently available to selected states.
Free Ledger Nano S for New Customers
Have an IRA or old 401k with over $5,000? New qualified customers will receive a free Ledger Nano S (a $60 value) along with their purchase of cryptocurrency in their IRA account.