Updated pricing on the Bitcoin Well Platform 🇨🇦
We are updating the spreads for the Bitcoin Well Portal. The spread for Instant bitcoin buy, sell and bill payment transactions will increase from 1.0% to 1.2%. For Cash Voucher transactions, cash funding fees will increase from 3.0% to 4.0% and buy/sell spreads will increase from 2.0% to 3.0%.
This change will take effect on September 16th 2024. This change will allow us to continue building the best non-custodial bitcoin platform in the world.
Transactions placed before September 16, 2024 will continue without interruption and with the 1.0% spread. All transactions initiated afterwards will have a 1.2% spread.
Bitcoin Well 2024 platform recap
The Bitcoin Well platform has evolved a lot this year. We’ve added:
Over the coming weeks you’ll be able to buy LN-BTC and also buy gift cards with bitcoin over the Lightning Network. All from your personal bitcoin wallets 😎
Cash Vouchers: Buy bitcoin privately
If you haven’t tried out the Bitcoin Well Cash Voucher product, now is a great time to consider this additional and private funding method. Cash Vouchers enable accounts with only a registered email address and bitcoin wallet to purchase bitcoin privately via the Bitcoin Well Network of Cash Voucher machines. You can read more about Cash Vouchers and Lite Accounts on our blog post.
What makes Bitcoin Well different
Bitcoin Well is on a mission to enable independence. We do this by making it easy to use bitcoin in self custody. By custodying their own money, our customers are free to do as they wish without begging for permission. By enabling a full ecosystem to buy, sell and use your bitcoin to connect with the modern financial world, you are able to have your cake and eat it too - or have your bitcoin in self custody and easily spend it too 🎂.
Create your Bitcoin Well account now →
Invest in Bitcoin Well
We are publicly traded (and love it when our customers become shareholders!) and hold ourselves to a high standard of enabling life on a Bitcoin standard. If you want to learn more about Bitcoin Well, please visit our website or reach out!
Konrad has been a Bitcoin Analyst since 2018 leveraging an economics background to deliver unique insights on Bitcoin, product, bitcoin mining, and macro-economics.