Swan Bitcoin offers users an innovative solution for saving Bitcoin via recurring payments. By not offering multiple coins, Swan Bitcoin strives to minimize cost and complexity associated with operations.
Swan Bitcoin will conduct an account creation process which involves verifying all user information and documents, after which they will begin purchasing Bitcoin according to the customer’s savings plan.
What is Swan Bitcoin?
Swan Bitcoin is a centralized platform designed to make buying and selling Bitcoin easier for its users. Users can deposit fiat currency, set a daily, weekly, or monthly purchase amount, and invest it automatically into Bitcoin purchases on a recurring basis – offering investors long-term returns regardless of market fluctuations and short-term factors.
Swan Bitcoin’s team of cryptocurrency and tech-startup veterans combine their expertise to develop its platform. Driven by their desire to help more people embrace bitcoin, their goal is to create an easy user-friendly experience so anyone with no prior experience can understand and use it easily.
Swan offers more than a simple and user-friendly interface; their customer support system ensures customer satisfaction is maintained and any issues quickly addressed. Furthermore, Swan abides by stringent security protocols to keep both bitcoin and fiat funds secure, and encourage users to take custody of their cryptocurrency when it suits them best – helping reduce counterparty risks while improving overall user safety.
Swan focuses on the most critical components of cryptocurrency investing, such as appropriate position sizing and understanding risks involved with investments. They offer free educational content on these subjects available to their users as well as articles written by industry experts featured on their blog.
Swan Bitcoin stands apart from most other cryptocurrency exchanges by only offering one cryptocurrency, Bitcoin. This allows them to offer competitive fees and ensure a simple experience for their users, without offering advanced trading tools such as margin trading or the capability of purchasing and selling other cryptocurrencies.
Swan Bitcoin provides investors with both a basic platform and premium service to access to a personal finance expert who can assess their unique financial situation and offer tailored advice on how to optimize their portfolio. In addition, this premium service also grants access to exclusive industry events and research.
What services do they provide?
Swan offers users a comprehensive set of services designed to get them started with Bitcoin investing, including an easy and low-fee crypto investment process and automatic recurring buys. In addition, Swan provides world-class support and education from world experts while rewarding users with up to 0.25% of any fees charged for referrals they refer.
First step to using Swan is creating an account. This process can be completed quickly in minutes. Next, Swan will verify your account which may take up to several days depending on how quickly your bank can process all required documentation. After verification, trading can commence!
Once you’ve created an account, the mobile app offers easy ways to invest in Bitcoin. You can buy directly through the app, or set recurring purchases – these automatic investments into Bitcoin will invest small amounts each week, biweekly, or month. This method of dollar cost averaging can help your investments grow without being exposed to short-term price fluctuations.
Swan offers world-class financial advice from world-class experts, to offer personalized investment advice tailored specifically to you and your future finances. They will assess both current and future finances to recommend an appropriate strategy; even helping with cryptocurrency investments via retirement accounts, trust accounts, or corporate accounts. Swan also provides education on Bitcoin through curated content to enhance learning about it further.
Swan provides investment services for both individuals and financial advisors, providing custodial services that enable financial advisors to easily incorporate Bitcoin into client portfolios. They also offer reporting and rebalancing services. In 2022, Swan expanded their business model by acquiring Specter Solutions which will enable them to offer more complex custody solutions for clients.
Swan has one major drawback if you’re not a bitcoin maximalist – offering only one cryptocurrency for investment – which may limit some users. However, they do make their platform user-friendly by providing an extensive FAQs page and help center, in addition to email support should any concerns or inquiries arise.
How do I use Swan?
Swan Bitcoin is an accessible exchange designed for new investors looking to enter cryptocurrency investment. Offering low fees and regular buys, it makes an ideal platform for beginners navigating cryptocurrency investing.
To use the service, users will first need to create an account. This can be accomplished by filling out a brief form and providing some basic details, including valid email address and password. In addition, identity verification may take some time and may require extra documentation like passport or driver’s licenses.
Once the registration and verification processes have been completed, new users will need to link their bank accounts with Swan. This allows the company to automatically purchase Bitcoin until either they decide to cancel their investment or run out of funds deposited with Swan. During this step, users can set how often automatic purchases occur and prepay annual plan fees in advance if desired.
Users of the Swan app can also manually purchase cryptocurrency directly from their account using this application, enabling more active traders to take advantage of short-term price dips or other opportunities that arise. In addition, this app provides educational materials and articles designed to help new investors learn about and understand cryptocurrency investments.
Swan stands out from other crypto exchanges by providing free BTC withdrawals, providing users with a significant benefit when looking to move their holdings off-site and into an external wallet. This information can be found by opening up the app and selecting “Wallet Info”, copying and pasting this into Swan before pasting into Swan app.
What are the pros and cons of using Swan?
Swan is an ideal option for newcomers to the crypto world as it removes many of the entry barriers. Instead of having to deal with decentralized exchanges and learn a foreign lingo themselves, Swan takes care of everything for its users. Furthermore, their educational component features YouTube videos, Twitter chat rooms, interviews with industry experts and interviews aimed at teaching people more about Bitcoin.
Swan stands out among traditional exchanges by offering significantly lower fees than expected, due to only dealing in Bitcoin instead of multiple coins. By keeping overhead costs to a minimum and passing those savings along to their users.
Swan makes buying Bitcoin straightforward and effortless. All it takes to start is creating an account, linking your bank account, and choosing between a one-off purchase or recurring buy plan. When setting up a recurring plan, Swan automatically pulls funds from your linked bank account and invests them into Bitcoin on an interval basis; you can choose weekly, monthly, or whatever suits you best. By prepaying annual transaction costs ahead of time with regular purchases, Swan provides even greater convenience and lower transaction costs overall.
Swan offers a free tier for users looking to test out its services and explore cryptocurrency investing, enabling up to three recurring buys per month and helping users become acquainted with how the service works and investing. This provides an ideal opportunity to become acquainted with both Bitcoin investing and Swan.
Swan offers more experienced traders a mobile app which makes purchasing Bitcoin effortless, enabling you to take advantage of opportunities like temporary price dips. Furthermore, their Dollar Cost Averaging feature automatically purchases small amounts of Bitcoin at regular intervals allowing your portfolio to build without emotion or trying to time the market.
Swan has expanded their services to offer companies looking to integrate Bitcoin into their corporate treasury. Their treasury solutions allow businesses to automate investment, custody and education strategies with expert consultants on-board. For more information about getting your business involved with Swan Bitcoin solutions visit their website today.