How can I use my Schwab self-directed IRA to invest in digital currencies?

1 answers

• Pavarot ChanokJun 17, 2024 · a year ago
  Investing in digital currencies with your Schwab self-directed IRA is a straightforward process. First, confirm with Schwab if your IRA allows for alternative investments. If it does, set up a self-directed IRA account with Schwab. Once your account is ready, transfer funds from your existing IRA into the self-directed IRA. After that, choose a reputable digital currency exchange that supports Schwab and start investing in digital currencies. Keep in mind that investing in digital currencies is speculative and carries risks, so it's important to only invest what you're willing to lose and stay updated with the latest market trends.
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