So, you want to trade cryptocurrency? Here we will be talking about a crypto trading platform, Swan Bitcoin. With this platform, you can not only trade Bitcoin but also store it. There is a unique algorithm that will allow you to save your Bitcoin in a safe and secure wallet. The platform has a web version, and there is also a swan bitcoin app.
What is Swan Bitcoin?
In simple words, it is a crypto trading app with unique features like automated purchases. The platform acts like a savings account. First, you can buy, sell and trade Bitcoin with this platform, and second, you can safeguard your Bitcoin holdings. The aim of this company is to make Bitcoin investment easy for everyone.
The trading platform is for you if you are a new user or new to the crypto community. The platform aims to target new users. Right now, the company is aiming to secure 10 million active users. Also, the team tries to educate people who are interested in Bitcoin but have little knowledge.
|Supported Countries||US, UK, Mexico, Canada, Germany, Italy, France, Brazil, Colombia, and others|
|Supported Fiat Currency||USD|
|Transaction Fees||Maximum of 0.99%|
|Customer Support||Yes (Instagram, Twitter)|
Swan Bitcoin and Its Uniqueness
First of all, there is a unique feature that allows its users to buy Bitcoin on any quantity. Secondly, you can buy on a daily basis, weekly, and even monthly. And you know, why is the platform different from others? Because it allows you to trade automatically. You just need to swan bitcoin login, then use all the features.
Suppose you want your Swan account to withdraw funds automatically from your bank account. When you buy Bitcoin, you will get the option to schedule your withdrawal. The only thing you need to do is assigned a Bitcoin assign. You can also select the number of Bitcoins for transferring. The method is called Dollar Cost Averaging.
So, how is someone benefiting from Swan Bitcoin? The interesting part is that your dollar will be converted to the lowest Bitcoin price. The platform is user-friendly and accessible to everyone. You don’t have to pay any hidden fees for signing up or deposit amounts.
How does the Platform Work?
Traders can trade Bitcoin easily and cheaply. There are a couple of ways through which you can deposit or withdraw funds. There is a one-time purchase. You can do this with a wire transfer. But there is a limitation to it. You can only transfer money with instant ACH.
And the second option is a recurring plan. This is called the Swan Bitcoin automatic. When you sign up, you need to choose any of these options. There you can select the amount and the time. The recurring plan can be daily, weekly, or monthly. So, if you think of a one-time investment or you can think to invest from time to time, you can do both of these with this platform.
The platform is there to convert your USD into Bitcoin. And the most interesting part is when the price of Bitcoin goes down, the platform will automatically buy Bitcoin with your USD. The company behind the platform is called Prime Trust. It is regulated and licensed in Nevada. After your sign-up, all the information is taken under the Prime Trust company.
Right now, the company is handling more than a billion dollars of both cryptocurrencies and fiat currencies. Although, the platform only provides Bitcoin as a service. But later, there are plans to implement other cryptocurrencies as well. Whenever a transaction has been made, thee will be a notification come to your account. So you can check all the details about the transaction.
Because your account is linked to the platform. The platform automatically pulls money from your account (you can select the limitations), then buy Bitcoin when the price is low. If you don’t like that the platform is pulling out money without your permission, then you can simply make the trading manually. So, set up your auto withdrawal plan or do it manually. But ultimately, you will be beneficial.
Swan Bitcoin Reasons to Use
So, why is this platform gaining popularity? Here are the reasons.
1. Automatic Recurring
As I have already mentioned that Bitcoin transactions automatically happen on this platform. And you will be on the profit side. But there are a couple of things that you need to understand. There are mainly three options for recurring plans- weekly, bi-weekly and monthly. And secondly, you can do the transaction manually also.
2. Referral Program
You will find a referral program on almost any platform. But here, you will get some exciting referral bonuses on the basis of your purchase amount. There is an exciting program named “Swan Force Referral Affiliate Program.” If you refer to anyone, you will get a 0.25% on every trading they are doing.
3. Auto Withdrawals
You can schedule your withdrawals with the feature. You can select the time, you can select the number of Bitcoins, and if there is enough currency. Then there will be no problems that you have to face.
Swan Bitcoin Review
The only limitation of this platform is that you can only trade Bitcoin. Other than that, there are so many things that you will find. Here are the pros and cons.
|• The Dollar Cost Averaging Plan will be activated as soon as you sign up on this platform.||• The payment method is limited. You are only able to do an ACH transfer.|
|• Sometimes traders get emotional, and when they see that the price is decreasing, they sell their holdings. But DCA is there to help them.||• There is a huge limitation in the region. People from North America and some territories can use the platform.|
|• The fee structure is competitive. There are no hidden fees.||• The platform is only for trading Bitcoin.|
As you are already aware of different information about Swan Bitcoin, I think you are ready to start trading Bitcoin on this platform. And to do that, there are a couple of things needed.
- Minimum age 18 years
- US Photo ID
- SSN (Social Security Number)
- US Address
- Swan Bitcoin cash app and US phone number
- US Bank Account
If you are a valid US citizen, then there will be no problem occurred. If you have any further queries, feel free to ask in the comment section below.