Swan BitcoinHome

Bitcoin is for Everyone

Posted 11/2/20 by Reed Wommack

Swan Bitcoin prides itself on giving small customers a fair deal. Our minimum purchase is only $10 per month, and our fees for the smallest plans are only 1.99%. Many exchanges have minimum purchase sizes of $100, charge five times higher fees for small buys, or only allow customers to wire money into the exchange, which costs $10 to begin with!

Swan’s goal is to create 10 million new Bitcoiners in the US and a big part of that is making Bitcoin acces­sible to every American. We want to make it as easy and afford­able as possible to dollar-cost average into Bitcoin, no matter how much money you have or make.

We serve clients wishing to purchase hundreds of thousands of dollars of Bitcoin, but even more impor­tantly we help great-grandmas, college students, veterans, and fast-food workers buy their first Bitcoin and begin saving for their future. In our view, Bitcoin changes people for the better, so the more people who own and self-custody Bitcoin, the more indepen­dent, resilient, and forward-thinking our society will become.

We would prefer to have ten million customers each buying a hundred dollars of Bitcoin per week than a hundred customers each buying ten million dollars per week. Although Swan would earn similar fees from both situa­tions, having ten million bitcoiners with skin-in-the-game would more profoundly improve our culture and society. And I say this as the Head of Customer Support, whose job would become much easier if we only had one hundred wealthy customers!

For us, it’s much more impor­tant to have people learning about Bitcoin, than it is to squeeze more from our customers. Of course, you should save a little bit more Bitcoin for your kids and grand­kids. Of course, you should delay purchasing a fancy new gadget and buy Bitcoin instead. But even more impor­tantly, you should reach out to your neigh­bors and friends, and get them to start buying a little bit of Bitcoin. In fact, if you sign up for Swan Force, our referral program, at swanbitcoin.com/enlist, you can give your neigh­bors a free $10 of Bitcoin to get them started and every $10 counts.

I’ll just as gladly get on the phone to answer questions that help a minimum wage-earner put a piece of their paycheck into Bitcoin, as I would be to help a million­aire do the same. If you’re concerned that you don’t have enough money to invest in Bitcoin, call us at (218) 379‑7926 and I’ll be glad to listen.

This blog offers thoughts and opinions on Bitcoin from the Swan Bitcoin team and friends. Swan Bitcoin is the easiest way to buy Bitcoin using your bank account automatically every week or month, starting with as little as $10. Sign up or learn more here.

Reed Wommack

Reed was a high-school teacher and outdoor guide for five years before he fell down Bitcoin rabbit-hole. Now he loves to read Austrian economics, write, and meditate. He currently works as Customer Support for Swan Bitcoin, joyfully on-boarding new Bitcoiners.

More from Swan Signal

Thoughts on Bitcoin from the Swan team and friends.

Jake Chervinsky and Rafael Yakobi: Swan Signal Live E38

By Brady Swenson

I do think that this was a message to other well-known leaders of offshore exchanges that may be servicing US customers, that if they don’t cooperate with the US govern­ment, it doesn’t matter where they are in the world, right?

Read More

What’s in an XPUB?

By Gigi

What are extended public keys, or XPUBs? What problems do they solve for Bitcoin’s users?

Read More

Connecting it back into Breedlove’s recent piece, Bitcoin empowers the three princi­ples that underpin capitalism: honest money, property rights, and rule of law. Bitcoin is that distilled down version of capitalism.

Read More

Join our mailing list to receive new articles from the Swan Signal

Swan Bitcoin
© 2020 Swan Bitcoin
© 2020 Swan Bitcoin
Swan Bitcoin does not provide any investment, financial, tax, legal or other professional advice. We recommend that you consult with financial and tax advisors to understand the risks and consequences of buying, selling and holding Bitcoin.