CUSTODY
Who actually holds the keys to your IRA bitcoin and what happens if they fail?
Every Bitcoin IRA provider has a custody partner. Most use a single custodian — typically Coinbase, Fireblocks, or BitGo. Your bitcoin sits with one institution. One set of keys. One point of failure.
Ask your provider: if your custody partner experiences a breach, an insolvency event, or an operational failure, what happens to your IRA bitcoin? How long does recovery take? Is it even recoverable?
How Onramp answers this: Three independent institutions collaborate to secure your bitcoin. Two of three are needed to access it. If any single institution fails, including Onramp itself, your bitcoin is recoverable through the remaining key holders. Insurance through Lloyd's of London covers up to $100M per incident.