Bitcoins have barely been out of the news in recent months. Its status as legal tender has been queried in a number of countries and confirmed in others resulting in a rollercoaster ride for holders of the currency. So what's it all about?
The Fabulous Infographic Below Is A Superb Summary Of The Bitcoin Story So Far
Bitcoins And SIPPs
Although it's unlikely your SIPP operator will allow you to hold Bitcoins in your SIPP at the present time, it might not always be the case. With a market capitalisation worth billions of dollars, there's clearly an active market, evidenced by a number of websites quoting the current value of Bitcoins.
Please Share This
Thanks for sharing this article with your friends and family.
If you enjoyed this article, get email updates (it's free)
THIS PAGE HAS NOT BEEN APPROVED AS A FINANCIAL PROMOTION.
As SIPPclub neither advises on, nor arranges, nor recommends specific investments or strategies, we're unable to say whether a SIPP or SSAS or any investment within it is right for you. Ultimately, it’s your money and your decision, and you should only proceed once you're satisfied you've undertaken sufficient due diligence. If you need advice, you should speak to your trusted adviser, or you could find a local adviser from Unbiased.co.uk. Alternatively, we'd be pleased to introduce to a suitably qualified independent financial adviser.
Please read our full Terms which includes criteria for SIPPclub membership.