Coin Flash - Invest your spare change in crypto
So there's an app that's been out that I just found out about called coinflash. It essentially works like acorn app but for crypto. Basically for every charge you make with you linked cards, it will use the spare change to purchase crypto off of coinbase.
So if you bought something for 1.50, it will invest 50cents in the btc/bch/ltc/eth you choose to invest in. Pretty neat.
For those of you in the cryptosphere who use Acorn up, I think we can agree this would turn out to be a much better ROI
Here's a link to an article about it from fortune
What's your experience using the app? Care to share if it's user friendly?
@originalworks
@ant884 Thanks for sharing this. This is a good idea. I have not checked it out yet but wouldn't the transection fees will eat into your profit?
Sure it would, but that could be said about any purchase off coinbase - they eat into your profit margins.
I believe the way this one works is it takes the sum of your monthly change and then invests into monthly. This way you're not paying 2$ on a 50cent transaction. I also think it wise to use a cheaper transaction coin than btc, say LTC (or any of the 3 besides btc really). And if you really want bitcoin go ahead and convert it on an exchange, it will be cheaper doing that with small amounts than just outright buying bitcoin.
-best
This post has received a 0.75 % upvote from @drotto thanks to: @ant884.
wow...thanks for sharing this @ant884
This is exactly what i need at the moment, thank goodness i found this,
Keep up the good work, you're a life saver
Seems a tad dramatic but hey cheers mate. Glad I could help bud
Resteemed to over 7500 followers and 100% upvoted. Thank you for using my service!
Send 0.100 Steem or 0.100 Steem Dollar and the URL in the memo to use the bot.
Read here how the bot from Berlin works. News you will find under the hashtag #resteembotnews.
Join the new big exchange over our link https://www.kucoin.com/#/?r=28Jre Code: 28Jre and get 10 free resteems and upvotes.
@resteem.bot