Question 1

How do I withdraw money from iTrustCapital?

Accepted Answer

To withdraw money from iTrustCapital, you can initiate a withdrawal request by filling out the designated. Once the request is processed and approved, the funds will be transferred to your designated bank account. It is important to note that this may be a taxable event or subject to penalties.

Question 2

Does iTrustCapital have any fees?

Accepted Answer

Yes, iTrustCapital does have fees. They charge a 1% trading fee for cryptocurrency transactions. Gold fees are $50 over the spot price per ounce and silver fees are $2.50 over the spot price per ounce.

Question 3

Can iTrustCapital be trusted?

Accepted Answer

iTrustCapital has gained trust in the industry and among its users. It's custodians are regulated, and the platform has received positive feedback for its customer support and user-friendly platform, making it a reputable option for cryptocurrency and precious metals investments in IRAs.

Question 4

Is iTrustCapital a safe app?

Accepted Answer

iTrustCapital places a strong emphasis on security and utilizes trusted third-party custodians like Fortress Trust, BitGo, and Fireblocks to safeguard client assets. Additionally, the platform employs multi-party computation, offline cold storage, and commercial crime insurance to enhance the safety of digital assets.

Question 5

What country is iTrustCapital in?

Accepted Answer

iTrustCapital is based in the United States, specifically in California. It primarily serves U.S. residents and is subject to U.S. regulations.

Question 6

What is iTrustCapital used for?

Accepted Answer

iTrustCapital is primarily used for investing in cryptocurrencies and precious metals within Individual Retirement Accounts (IRAs). It offers a platform for users to diversify their retirement portfolios by including digital assets and physical commodities like gold and silver.

Question 7

Is iTrustCapital regulated?

Accepted Answer

Yes, iTrustCapital utilizes regulated third-party custodians, such as Fortress Trust, which is a regulated state-chartered trust company. These custodians are subject to regulatory oversight, ensuring that the custody of client assets complies with relevant regulations. However, iTrustCapital is merely a platform to interface and is not regulated as a custodian, exchange, or broker.

Question 8

What is the minimum deposit on iTrustCapital?

Accepted Answer

The minimum initial deposit to open an iTrustCapital account is $1,000. Additionally, there are specific minimums for each additional cash contribution, which is set at $500.

Question 9

Does iTrustCapital have a mobile app?

Accepted Answer

Yes, iTrustCapital offers a mobile app that is available on both Android and iOS platforms, providing users with the flexibility to manage their investments on the go. The app enhances accessibility and convenience for users to track and execute transactions.

Question 10

Does iTrustCapital offer a demo account?

Accepted Answer

No. iTrustCapital does not offer a demo account, as it is not an exchange. It is merely a software platform.

Question 11

Does iTrustCapital have a withdrawal fee?

Accepted Answer

iTrustCapital may not charge a specific withdrawal fee, but it's essential to note that withdrawing funds from an IRA, which iTrustCapital primarily deals with, can potentially incur tax events and early withdrawal penalties depending on the individual's circumstances and the type of IRA account. It's advisable for users to consult with a tax professional or financial advisor when planning withdrawals to understand the tax implications fully.

Question 12

Can I transfer money from iTrustCapital to my bank account?

Accepted Answer

Yes, you can withdraw money from your iTrustCapital account. However, you must fill out a form and remember that this may create a taxable invent.

Question 13

Does iTrustCapital require KYC?

Accepted Answer

Yes, iTrustCapital requires users to complete Know Your Customer (KYC) procedures, including providing personal information and identity verification, as part of the account opening process. This helps ensure compliance with regulatory requirements.

Question 14

Is iTrustCapital a legit site?

Accepted Answer

Yes, iTrustCapital is considered a legitimate and reputable platform for cryptocurrency and precious metals investments within IRAs. It has received positive feedback from users for its services and customer support.

Question 15

Can you withdraw from iTrustCapital?

Accepted Answer

Yes, you can withdraw funds from iTrustCapital, subject to the terms and conditions of your individual retirement account (IRA) and any applicable tax regulations. Withdrawals from IRAs may be subject to taxes and penalties depending on the circumstances, so it's essential to consult with a tax professional before making withdrawals.

Question 16

Which countries cannot use iTrustCapital?

Accepted Answer

iTrustCapital primarily serves customers in the United States, so it is generally not available to residents of other countries. The platform is designed to comply with U.S. regulations and focuses on providing its services to U.S. residents.

Question 17

Does iTrustCapital offer any special offers or bonuses?

Accepted Answer

iTrustCapital does not typically offer special bonuses or promotions, but it does have a referral program where registered users can earn a $100 referral reward for each person they refer who becomes an iTrust customer. This referral program is one of the ways users can benefit from using the platform.

Question 18

Does iTrustCapital have good customer support?

Accepted Answer

Yes, iTrustCapital is known for its efficient and helpful customer support, as indicated by positive customer reviews. Users have reported receiving assistance from knowledgeable and professional support agents who are responsive to their needs.

Ryan Glenn

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