Bitcoin is intended and made as a saving technology. In keeping with World Savings Day, an exclusive campaign is starting today on October 31, 2024 at Coinfinity: All newly created Bitcoin savings plans receive a reduced fee of just 0.99%. These reduced conditions apply for the entire campaign period of over one year until December 11, 2025.
Important: The fee-reduced savings plans can only be set up until December 11, 2024 - so take advantage of the campaign in good time!!
You can create as many savings plans as you like and name and archive them as you wish.
With a Bitcoin savings plan, you can invest in Bitcoin regularly and automatically. You decide at what intervals - for example weekly, biweekly or monthly - a fixed amount is exchanged for Bitcoin.
The big advantage of a savings plan is the so-called Average cost effect, where you smooth out the average price through regular purchases and are therefore less dependent on price fluctuations.
Setting up a Bitcoin savings plan in the Coinfinity app is quick and easy. Follow these step-by-step instructions to set up your savings plan and start saving in just a few minutes.
Open the Coinfinity app on your phone. Sign in to your existing account. If you don't have an account yet, you can create a new one in just a few steps.
After logging in, you'll be taken to the home screen. There you will find “Trade” at the bottom right. Tap on it and select “Savings Plan.” You can then create a new savings plan.
You can now select the investment interval. You can choose between weekly, biweekly or monthly. Choose the interval that suits you best and enter the amount that you would like to invest in Bitcoin on a regular basis. You can change the amount you save at any time by simply adjusting your standing order.
You can decide for yourself where we should send your BTC: Either you use our in-app wallet or you enter an external Bitcoin address in the text box below. Alternatively, you can scan a QR code. For starters, the Coinfinity wallet is sufficient. When it comes to larger amounts, we recommend using a hardware wallet such as BitBox02.
Check the amount, interval, and your Bitcoin address. Accept the terms and conditions and agree to the clause on the expiry of the right of withdrawal.
Set up a standing order with your bank at the desired interval. You can change or pause your standing order at any time via your online banking. Please indicate the purpose of the savings plan and transfer from an account in your name.
After you have set up your standing order and we have received your transfer, we will send the Satoshis to your stored Bitcoin address. Now you can wait, drink tea and watch your Bitcoin portfolio grow.
Since the last update, you have also been able to archive your savings plan or give it an individual name, for example “children”, “pension” or “vacation.” This is particularly useful for keeping track of things when you want to manage multiple savings plans at the same time.
Download the Coinfinity app now and use Bitcoin as a savings technology to build up long-term wealth!
Disclaimer: Investing involves risks. Any financial investment can result in the loss of invested capital. This promotion does not constitute investment advice nor an invitation to buy Bitcoin. Coinfinity reserves the right to end the promotion early; there is no legal claim. Your own research should always be carried out before completing a purchase. Past performance is not indicative of future performance.
