Today we review the CoinBits App for you. What is CoinBits (Coinbitsapp.com)? How does it work? Is it worth your attention? This is a few of the questions we help you answer today!
Name of the platform: CoinBits
Official Website URL: https://coinbitsapp.com (Get $5 worth of Bitcoin for free if you register through this link)
Overall rating: (4.8 / 5)
Recommended? : Yes
This is a review of CoinBitsApp (CoinBits). In order to create an understanding of what it is all about and whether it is reliable, we shall answer some set questions, which we hope will help in establishing these two things (what role it serves and its reliability). These questions include:
- What is CoinBits?
- How does CoinBits work?
- What products and services are offered on CoinBits?
- Are these products and services legit?
- Does CoinBits have investment or income-generating opportunities that investors can pick up?
- What are the pros and cons of clients choosing to work with CoinBits?
What is CoinBits? (coinbitsapp.com)?
CoinBits is one of the most creative platforms in the 21st century, as depicted by the nature of the solution it seeks to provide in the market. This platform is designed in such a way that it invests for you on Autopilot. The process relied upon to make this happen is easy and understandable. All you have to do as a new client is to connect your card to CoinBits and have it run in the background.
CoinBits was created to take care of the interests of investors who are interested in securing their financial future by investing their money in Bitcoin. As stated above, you are required to connect your connect the card you use to pay for your services and products to this platform.
CoinBits automatically rounds up the amount you spend to the nearest dollar each time you make a payment transaction, and then goes ahead to collect the spare change.
CoinBits then goes ahead to purchase Bitcoin for the client in question at the end of each month. The total amount that you have accumulated over time is usually reflected in your Bitcoin account, and you can proceed to make withdrawals as you so, please.
How does it work?
CoinBits essentially seeks to secure your financial future as an investor. Since deliberately putting aside funds for investments purposes is not usually easy for most people, this platform seeks to do the investment on an automated approach.
CoinBits essentially rounds up the credit card purchase transactions to the nearest dollar and then proceeds to invest the extra cents for you. In order to have this happening for you, you should follow these steps:
1. Connecting your card.
The very first step is in connecting every single card that you want to be included on this platform. You have the choice to add every credit card account that you have, or you can simply add the ones that you prefer to have added to this platform.
2. Make your purchases
After you have added your preferred cards to CoinBits, you should go on to carry out your purchase processes normally. CoinBits then round off the purchases you make to the nearest dollar.
3. Investing the change on every round-off
The spare change that CoinBits finds on every round off arithmetic is usually automatically transferred to your Bitcoin account and invested automatically for you. Since the funds put aside through this model are quite minimal, you should be patient as your investment builds up.
Products and services offered?
CoinBits does not offer any fancy product or service on its platform. You, therefore, should not visit the CoinBits website expecting to find some packages and plans for you to select. The only service you should expect is the investment service that is provided to help you fulfill your needs as an investor. Unlike most other investment platforms, this platform does every process automatically, without compromising the security of your money accounts.
Basically, CoinBits is a platform that helps you invest in the world’s most popular cryptocurrency without having to run around with a calculator or a pen and paper to calculate how much you require to set aside to secure your future.
Is CoinBitsApp a Scam or is it Legit?
CoinBits is a legit platform that provides a unique and genuine service. The model relied on, in this platform is one that every investor and the potential investor can easily understand. The underlying bank services are outsourced from Evolve Bank through CoinBit’s software provider known as SynapseFI. Evolve Bank’s presence works to verify the credibility of the transactions done on CoinBits.
CoinBits has been mentioned in several consumer trust sites, including producthunt.com, Reddit and Bitcoin exchange guide. On producthunt.com (https://www.producthunt.com/posts/coinbits/reviews), CoinBits has a 5/5 rating, and most clients recommend it. It is, according to several of its users, a platform that is easy to use. It is also lauded as a seamless platform that relies on secure systems. On Reddit (https://www.reddit.com/r/CryptoCurrency/comments/7jr71s/coinbits_new_app_launching_soon_will_take_your/), we can clearly see that CoinBits was already being discussed before it was even launched. For anyone who is not satisfied with the information provided on Reddit and producthunt.com, the review on Bitcoin Exchange Guide (https://bitcoinexchangeguide.com/coinbits-app/) will go a long way into making them believe that CoinBits is a legit platform.
CoinBits is an investments platform that is aimed at helping you invest the spare change on every purchase transaction you make in Bitcoin. This platform is excellent for investors who like to grow their wealth over a long period of time.
The investment of the spare change is not sufficient to make you wealthy over a short period of time, but CoinBits has allowed you the option to either make multiple roundups (by up to ten times) or to team up with people from your company to make the investment more valuable.
If you would like to invest a bigger amount of Bitcoin right away then you might want to have a look at Regal Wallet instead. It offers you the lowest storage + admin fees and is considered the worlds safest storage for Bitcoins.
Pros and Cons
It is always wise (and recommended) to compare the positive sides against the negative ones before you make any moves. As always in our reviews we provide you with some obvious points on both sides of the spectrum:
-Investment is usually done on autopilot.
-Easy to use
-Good reputation on consumer trust sites.
-Low risks are involved.
-It is safe and secure.
-No commissions are taken away from you as you invest.
-No hidden fees.
-It doesn’t have apps for various mobile phone users (Android and iOS)
Do You Own or represent CoinBits?
If you are a representative, or associate of Coinbits and have found something not to be correct in this review please, feel free to tell and I will make sure to update the info on this post. The easiest way to do it is in the comment section below or else you got the e-mail on the about page.
Final words and verdict
Verdict: Legit and recommended!
Overall rating: (4.8 / 5)
Ok, that sums up the overall view of this new app pretty good. It is without a doubt a legit one and not only that, but it is also a very good one.
It’s a simple way for you to invest your spare change each and every time you use your credit card, those small investments add up and voila, you got yourself a saving account for the future!
(Get $5 worth of Bitcoin for free if you register through the link above)
I hope you found this short review of Coinbits (CoinBitsApp.com) to be helpful and that you now have a better understanding of what it is and how to use it. Please, if you have used it yourself then share your experience in the comment section below as it can help others! Also, if you got any questions about this I would be more than happy to answer them below!
I wish you success!
founder of: GoldRetired.com