Unchained IRA vs Fidelity Crypto

Unchained IRA (Bitcoin IRA) and Fidelity Crypto (exchange and brokerage) serve different corners of the Bitcoin ecosystem, but the question that matters most is the same: who controls the keys? The scores are close — Unchained IRA at 81/100 (B+) and Fidelity Crypto at 74/100 (B). When the gap is this narrow, the details matter: custody model, single points of failure, and the fine print on fees.

Where Each Platform Wins

Custody and security — the most heavily weighted category in our methodology at 35% — tilts 14 points toward Unchained IRA (84 vs. 70). Unchained IRA eliminates single points of failure in its custody architecture, while Fidelity Crypto relies on a model where one compromised entity could put your bitcoin at risk. Unchained IRA's strongest advantage is in features (88 vs. 70), where Unchained IRA's product breadth and tooling makes a measurable difference.

The Custody Question

Here's the key difference: Unchained IRA has no single point of failure (Collaborative Multisig IRA), while Fidelity Crypto does (Single Custodian). This matters because a single-point-of-failure model means one compromised entity — whether through a hack, insolvency, or government action — could result in total loss of funds. History has proven this risk is not theoretical. FTX, Celsius, and BlockFi all represented single points of failure for their users.

Bottom Line

Unchained IRA edges out Fidelity Crypto by 7 points. It's a close call, and the right choice depends on your specific situation — how much bitcoin you're holding, how often you need access, and whether you prioritize only ira where you hold keys. 2-of-3 multisig. tax-advantaged bitcoin. over trusted brand. integrated with existing fidelity accounts.. Keep in mind these platforms target different audiences — Unchained IRA is built for self-sovereign retirement, while Fidelity Crypto serves traditional. One thing to watch with Fidelity Crypto: limited to three cryptocurrencies. single custodian..