iTrustCapital Wallet Overview
iTrustCapital is a custodial investment platform that allows U.S. investors to buy and hold cryptocurrencies and precious metals through retirement accounts (IRAs) or a taxable account called a Premium Custody Account (PCA). Unlike traditional crypto wallets, iTrustCapital does not give users direct control of private keys. Instead, all assets are held securely by regulated third-party custodians, giving investors a safe way to store assets while maintaining compliance with IRS regulations.
How iTrustCapital Works
Retirement Account (IRA)
iTrustCapital allows investors to hold crypto and precious metals inside self-directed IRAs (Traditional, Roth, etc.).
Assets are owned by the IRA but held in custody for the benefit of the account owner.
Investors can buy, sell, and trade supported cryptocurrencies within the IRA account, but withdrawals are limited according to retirement account rules.
Premium Custody Account (Non-IRA)
A PCA allows users to buy and hold crypto or precious metals in a non-retirement account.
Assets are held in institutional custody and cannot be withdrawn as crypto. Withdrawals are in USD only.
This setup reduces the risk of theft or accidental loss since assets are not in a personal wallet.
Security Features
Assets are stored in cold storage and protected with multi-layered security systems.
Private keys are not held by users, but by trusted custodians.
Custodians use secure protocols including hardware-based encryption and multi-party computation to safeguard assets.
The platform maintains separate accounts for users, ensuring that client funds are not commingled with company funds.
Key Features of iTrustCapital
Custodial Storage: Assets are held securely by third-party institutions.
IRA Support: Invest in crypto and precious metals in a tax-advantaged retirement account.
Premium Custody Account: Taxable account for holding crypto or metals without retirement restrictions.
Institutional Security: Cold storage and hardware encryption protect assets.
User-Friendly Platform: Simple interface to buy, sell, and manage investments.
Pros and Cons
Pros
Institutional-grade custody reduces risk of theft.
Tax-advantaged options through IRAs.
Ability to invest in both crypto and precious metals.
Simplified platform for beginners and investors who prefer not to manage private keys.
Cons
Users do not control private keys.
Crypto cannot be withdrawn to personal wallets in PCA.
Limited to U.S. residents.
Less flexible than self-custody wallets for moving assets externally.
Who Should Use iTrustCapital?
U.S. investors seeking crypto exposure within retirement accounts.
Individuals who prefer institutional custody over self-managed wallets.
People interested in tax-advantaged investing in crypto or precious metals.
Users who do not need direct access to private keys or external wallets.
Conclusion
iTrustCapital Wallet is best described as a custodial investment platform, not a traditional crypto wallet. It is ideal for U.S.-based investors looking to hold cryptocurrencies and precious metals within a secure, tax-compliant environment. While it provides institutional security and simplicity, it does not allow personal control of private keys or withdrawal of crypto assets to personal wallets. Investors who prioritize independence and full ownership of crypto should consider self-custody wallets instead.