River Financial Launches Zero-Fee Recurring Bitcoin Purchases

2 years ago

The bitcoin fiscal services supplier volition region fees for a customer’s recurring bitcoin purchases opening a week aft the archetypal purchase.

  • River Financial has removed fees associated with recurring purchases of bitcoin connected its platform.
  • The deduction is valid starting 1 week aft the archetypal recurring acquisition is acceptable by the customer.
  • River presently offers bitcoin absorption services done its website and iOS app, arsenic good arsenic white-glove services for bitcoin mining.

River Financial, a Bitcoin-only exertion and fiscal services company, has launched zero-fee recurring bitcoin acquisition orders, according to a property merchandise sent to Bitcoin Magazine.

“With zero-fee recurring orders, River’s clients tin instrumentality vantage of debased bitcoin prices and accumulate much bitcoin than ever before,” per the release.

Customers of the steadfast volition beryllium relieved of paying fees erstwhile dollar-cost averaging (DCA) starting 1 week aft the archetypal recurring bid is placed.

“The champion clip to commencement buying bitcoin was erstwhile you archetypal heard astir it. The 2nd champion clip is now,” said Alex Leishman, River CEO, per the release.

The fintech supplier is simply a beardown proponent of DCA, the process of consistently accumulating an plus implicit clip without regards to the terms astatine the clip of purchase. The thought of this strategy hinges connected the information that timing the marketplace is difficult, but if an capitalist sets up recurring purchases, they are apt to mean retired to a bully presumption implicit a agelong play of clip by lessening vulnerability to terms volatility.

“River is the astir trusted marque successful Bitcoin,” said Leishman. “We judge successful security, transparency, and service. Our extremity is to assistance our clients physique semipermanent wealthiness done Bitcoin.”

The Bitcoin services supplier enables users to bargain and custody BTC done intuitive services connected its website and iOS mobile app. River besides offers white-glove services successful the bitcoin mining industry, allowing customers to get a mining fleet successful a rented information halfway that is integrated to their River Financial platform.

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