Imagine A World Where You Can Access Both Traditional Assets And Crypto Assets From The Same Account

Imagine A World Where You Can Access Both Traditional Assets And Crypto Assets From The Same Account

Photo by Art Rachen on Unsplash

This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice.

Growing up can be an exciting adventure. Getting to meet friends and family members on your birthday, and receiving lovely birthday messages from people that haven’t texted you in a while. Not much can beat that experience.

But birthdays also mean you’re closer to retirement, which raises difficult questions: Do I have a retirement plan? Do I have enough savings in my account for my family? Do I have an emergency fund? 

These questions can turn a lovely birthday into an apprehensive day, making many people wish they weren’t adding another year.

Imagine in a truly rare but possible scenario if you had invested $1,000 in Tesla Inc. TSLA stocks on March 18, 2011, when the shares were sold at $4.92 per share. Your account would now have over $250,000* just from that investment. That’s three times more than the average retirement account savings for an American household, which currently stands at $73,000. 

With the recent surge in prices for cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH),  cryptocurrency investment has become increasingly prevalent in the market. Bitcoin evangelist Michael Saylor, who has turned his business intelligence company MicroStrategy Inc. MSTR into a Bitcoin acquisition company after realizing the massive potential, expects the price for Bitcoin to reach $6 million.

TradeStation’s IRA Account

While many want a piece of the cryptocurrency pie, it has been difficult to have both cryptocurrencies and traditional assets such as stocks and options in the same IRA. That’s changed now that TradeStation, a company owned by Monex Group Inc. MNXBY, is offering its customers the opportunity to have both traditional assets and cryptocurrency in a tax-deferred IRA account.

While other brokerage firms only allow cryptocurrencies in their IRA and others don’t allow cryptocurrencies at all, TradeStation reports it is one of the early traditional online brokers offering the first IRA that can hold both cryptocurrencies and other assets. Another unique feature about the company's IRA account is that you can buy, sell, trade, and hold crypto with zero custody fees and low transaction fees with deep liquidity for competitive pricing.

Opening an account with TradeStation is easy. After signing up, choose the different assets that will be available in your account: cryptocurrencies, equity and options, futures, and future options - then begin trading. 

You can learn more about TradeStation’s IRA account by visiting the following link: https://www.tradestation.com/accounts/retirement/crypto-ira/

This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice.

*Any examples or illustrations provided are hypothetical in nature and do not reflect results actually achieved and do not account for fees, expenses, or other important considerations. These types of examples are provided to illustrate mathematical principles and not meant to predict or project the performance of a specific investment or investment strategy. Accordingly, this information should not be relied upon when making an investment decision. 

 

Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or cryptocurrencies); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options. Before trading any asset class, customers must read the relevant risk disclosure statements on our Other Information page. System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages, and other factors. 

Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission. 

TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services under federal and state money services business/money-transmitter and similar registrations and licenses. TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. You Can Trade, Inc. is also a wholly owned subsidiary of TradeStation Group, Inc., operating under its own brand and trademarks. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Click here for further important information explaining what this means. 

Options trading is not suitable for all investors. Your TradeStation Securities’ account application to trade options will be considered and approved or disapproved based on all relevant factors, including your trading experience. See the document titled Characteristics and Risks of Standardized Options. Visit TradeStation.com/Pricing for full details on the costs and fees associated with options. 

Any potential tax advantages or benefits will depend on your circumstances. The information provided here is for information purposes only. It is not intended to constitute tax advice that may be relied upon to avoid penalties under any federal, state, local, or other tax statutes or regulations and does not resolve any tax issues in your favor. Refer to IRS Publication 590, Individual Retirement Accounts, for additional information on IRAs in general and consult your tax professional about your individual tax situation. 

Investing in cryptocurrencies involves significant risks. See the Investment and Trading Disclosures Booklet for more information on investing and trading in cryptocurrencies. 

Posted In: Partner ContentTradeStationCryptocurrencyFintechMarkets

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