CryptoIRA, Alto’s self-directed investment platform, cuts trading fee to 1%
The fee change will help users trade more for less within their crypto IRAs
NASHVILLE, TN / ACCESSWIRE / February 1, 2022 / Alto Solutions, Inc. (Alto), the self-directed IRA platform that makes it easy and affordable for individuals to invest in alternative assets with tax-advantaged retirement funds, today announced a new reduced trading fee for Alto CryptoIRA® from 1% per transaction down from 1.5%. Users will be able to trade more for less with their tax-advantaged retirement investment portfolio allocations.
“We’re always looking for ways to improve the user experience for Alto’s customers with our products and platforms,” said Eric Satz, Alto Founder and CEO. “Looking ahead, trading fees are just the beginning of what we have planned for 2022. We will be rolling out a variety of exciting initiatives over the coming months to offer our users more investment options, features and educational content.”
From today, Alto CryptoIRA offers:
- 125+ coins and tokens through our integration with Coinbase
- No setup or monthly account fees
- No minimum accounts
- A minimum investment of $10, among the lowest in the industry
- 24/7 real-time trading
- Our new trading fee of 1%
This fee change is publicly effective today, but for existing Alto CryptoIRA users, the change went into effect at 11:00 am ET on Friday, January 28.
Alto is 100% committed to the cryptocurrency trading community and this fee change will improve users’ experience trading crypto through a tax-deferred Alto CryptoIRA. “Community feedback is critical to our product development, and we will continue to innovate on all fronts,” added Mr. Satz.
This news follows Alto’s recent closing of a $40 million Series B funding round to start the new year. The increase is already helping serve more than 18,000 IRA investors. Trading fees are just the beginning of the innovations Alto plans to introduce in the coming months.
Alto is a Nashville-based financial technology company that launched its next-generation self-directed IRA platform in 2018 to make it easier for individuals to access and invest in alternative assets with their retirement funds. Alto’s platform is the first of its kind and streamlines the process for investors, investment finance portals and investment sponsors alike. Alto’s current investment partners include AngelList, DiversyFund, Eaglebrook Advisors, Fundr, Grayscale, Masterworks, Republic and Vint, as well as financial advisors, fund sponsors and other direct issuers. Alto is not a registered broker dealer or investment advisor. Alto does not promote or endorse individual investment opportunities and does not provide investment advice to its clients.
For more information, please visit AltoIRA.comor continue to follow Alto LinkedIn,Twitter,Facebook, andInstagram.
Alto Media contact:
Caliber management consultant
SOURCE: Alto Solutions, Inc.
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