Do you know that for many people it can be hard and scary to buy crypto on their own? The investing process is not always easy to start for someone that enter this market.
In the beginning, you need to always learn the fundamentals. Also, you need to grasp the knowledge on what you want to invest.
Create an account on Coinbase
The first thing to do is to create an account on Coinbase. This website will permit you to buy Bitcoin, Ethereum, and Litecoin with your bank account. This is a convenient method for a newcomer or even a veteran. The website secures your fund in an offline vault around the world.
The innovation idea
The developers have created an interface that will permit you to buy crypto with a credit card in the coinflash website. This is a terrific idea, imagine you can simply acquire cryptocurrency when you are using your credit card for something you already do. This method is a way to get exposed to Bitcoin and Ethereum on autopilot.
The application CoinFlash
The interface is very intuitive and easy to understand. The cost of using this service is only 1$ each month and the website has already 6 000 accounts created on the website and is growing. Also, I saw that we have the option to refer people and get free months.
So far I was able to link my Coinbase account on the website but fail to link my credit card to try the service. Also, the website has not yet implemented the 2-factor authentication and this is something important to have set.
You need to remember this is a beta software and the developers are working hard to make it happen. I found this idea perfect to introduce my mother and sister to cryptocurrency. As always, it is important to share and spread the word of an innovative idea in the crypto space.
This is a way to invest for something you already do, using a credit card is easy. The beauty of this solution is to get exposed to Bitcoin and Ethereum without much effort on your part. You should try it and grow your net worth or create an emergency fund on autopilot.
You need to keep in mind you will simply use your credit card and invest in Ethereum and Bitcoin. This post will be updated as soon I get the service set up on my own.
What do you think of this innovative idea?