easyGroup Introduces easyBitcoin App to Simplify Bitcoin Investment

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easyGroup has launched easyBitcoin.app, a mobile platform developed with Uphold aimed at simplifying the process of buying and holding bitcoin (BTC) for retail users.

Key points include:

  • Launch coincides with BTC trading near $112,650.
  • A survey by Uphold indicates 88% of U.S. respondents trust BTC for wealth growth over the next decade.
  • 39% consider BTC among their top three investment choices, ranking just behind real estate.
  • Many find current trading processes too complex.
  • Incentives offered by easyBitcoin include:
    • 1% welcome bonus on recurring buys
    • 2% annual rewards for long-term holders
    • 4.5% APY on USD balances paid in BTC, backed by $2.5 million in FDIC insurance
  • A U.K. version of the app is expected later this year.