No, the Unchained IRA is not a checkbook IRA. It is a standard IRA account (we support Traditional, Roth, SEP, and Inherited IRAs) that is set up through Solera National Bank, our IRA financial services partner.
Unlike other bitcoin IRA providers, we have intentionally avoided using a checkbook IRA model due to
the recent ruling in the McNulty case, which called into question the tax advantages of checkbook IRAs.