CoinBits App is an interesting blockchain innovation and as always, we are here to review it and let you know whether or not this Crypto currency focused app can provide some value according to what they are advertising on their website. First of all, if you have seen the website and wanted to invest, you nee to know that this is designed for US residents only. It is designed for people who want to make passive income. It is designed for people who want to invest out of their spending habits and we think this is quite unique as far as blockchain technology is concerned. In the meantime, we are recommending these trading apps if you want to generate a greater amount of passive income in a short period of time.
Crypto currency is on its course to transform the world’s financial system by allowing people to have more control over their own money and to acquire transparency in the systems that govern their economies. With blockchain solutions such as Bitcoin, the disruption of the world’s financial landscape is clear. However, the problem that currently exists is the gap between cryptocurrencies and the average citizen.
CoinBits was built to ensure the collective interests of people around the world are informed and have equal opportunity to access the future economy. It is true that technology can level playing field and improve people’s lives. This has happened over the years and this time is no different. Importantly, every citizen of the world has the opportunity to benefit, and that’s why CoinBits is here.
After signing up, you connect your credit card or debit card to your CoinBits appaccount. Every time you buy using the card, the platform automatically rounds up the total to the nearest dollar, and even collects the spare change. At the end of each month, the system uses that spare change to buy you Bitcoin. The total amount of your Bitcoin and profits reflects in your CoinBits app account, where you can easily access and withdraw them at any time.
CoinBits app allows you to use your money to work for your future. It rounds up your everyday credit card purchases to the nearest dollar, and then invests the extra cents. They do not offer refunds on any subscriptions. If you have questions regarding charges to your account, you can consult them at [email protected] and a representative will be happy to help.
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Here are the steps to get started:
How does this work?
After you sign up and verify your email address, you will be asked for Personal Information that is sent directly to the platform’s bank to verify your identity. This process is called KYC (Know Your Customer) and is required by law before accepting user funds.
Next, you will connect your bank account securely (they do not see your username or password), and you will have the option to select which account you want to use as the account that will pay for your Bitcoin purchases. This will also be the account that your money will be sent to when you sell Bitcoin upon Withdrawal.
Lastly, you will have the option to link your credit or debit card to CoinBits app platform, so that the system can track your purchases and automate round-ups. Every time you make a purchase using that card, CoinBits virtually rounds up your purchases to the nearest dollar.
Every week, we’ll use your total spare change from round-ups to buy your Bitcoin. Round-ups are processed at the beginning of each week for all members. Your total amount of Bitcoin investment profits/losses are reflected in your CoinBits app account, where you can view and withdraw from your balance at any time.
The app will keep a tally of your round-ups throughout the week and provide you with a Projected Investment amount for that week so you will always know how much money will be invested. IMPORTANT: You can Pause round-ups and skip as many weeks as you would like and you will not be charged. You are only charged when you buy Bitcoin using CoinBits.
If you own a business, CoinBits app allows you to sponsor your team’s subscription at a discounted rate. Team members can access a custom feature set by you and the ability to invest a portion of their paycheck automatically in Bitcoin. Through Coin Bits, companies can offer their team an innovative and valuable perk that is also a modern option for their investment portfolio.
There is a plan for every person. For individuals, you can begin rounding up your spare change and invest heavily. In addition to same-day processing on transactions and weekly round-ups, individuals also get flat $1 ACH processing fee as well as $5 minimum per round-up or instant purchase.
This is yet another blockchain innovation that embraces saving culture but at the same time generating passive income. If you are a heavy spender, you might see some benefit although it seems that earnings are in peanuts. Still, trading Bitcoin is the way to go because you can make a lot. If you are new to this idea, just take advantage of these tools.
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