Mydigitalretirement.com (MDR) is a platform that connects your consumers to qualified custodians, digital wallets and cryptocurrency exchanges. MDR is not a custodian, a digital wallet or an exchange.
Self-directed investments processed through MDR have not been endorsed by the IRS or any government or regulatory agency. The IRS does not review, approve, or endorse any investments, including cryptocurrency in an IRA or for direct delivery.
MDR enables the direct purchase of cryptocurrency as well as the self-directed transfer from an existing IRA to one of our approved Custodians. Our approved Custodians are a non-fiduciary trust companies, registered and regulated in their respective states as non-depository trust companies. Custodians are passive, non-discretionary and do not provide, promote, endorse, or sell investment products. Custodians do not endorse or promote any individual investment advisor or investment sponsor. Custodians comply with IRS regulations regarding retirement accounts.
*MDR offers a $1 Million Consumer Protection insurance policy that covers consumers on the transactional side from any internal cases of fraud or theft. MDR is not FDIC-insured and is not a bank.
Cryptocurrencies are very speculative investments and involve a high degree of risk. Investors must have the financial ability, sophistication/experience and willingness to bear the risks of an investment, and a potential total loss of their investment.