iTrustCapital Launches Secure Premium Custody Accounts
iTrustCapital has launched Premium Custody Accounts (PCA), a secure environment for buying and selling crypto. This new account type is designed to provide users with a safe and easy way to invest in cryptocurrency, while also offering tax benefits through its tax-advantaged retirement accounts.
The PCA operates on a closed-loop system, which means that client assets remain in secure custody within iTrustCapital's ecosystem. This helps mitigate the risk of funds being drained from a compromised account. The platform supports dozens of digital assets and allows users to build diverse portfolios and utilize crypto staking.
iTrustCapital also offers tax-advantaged retirement accounts, such as Traditional IRAs and Roth IRAs, which allow users to contribute after-tax dollars and grow their investments tax-free. This can provide a shield for investors from the complexities of standard taxable accounts, where simple crypto transactions can trigger taxable events.