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.