XRP is not currently available to buy and sell on the iTrustCapital platform. Due to regulatory considerations, our liquidity providers suspended the purchase and sale of XRP as of January 20, 2021.
Since then, our platform has continued to provide custody services via our custodian’s storage providers, but clients can no longer buy or sell XRP in their Crypto IRA on the iTrustCapital platform. Additionally, clients do not have direct access to XRP tokens unless as part of an in-kind distribution. Subject to applicable limitations imposed by the IRS, clients may take distributions from their IRAs, including XRP tokens. iTrustCapital does not provide legal, investment, or tax advice. We recommend clients consult a qualified legal, investment, or tax professional. To learn more about distributions, please review the IRS FAQ.
iTrustCapital continues to monitor the XRP situation and will update affected clients with any new information.