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Bitcoin Well Inc ( (TSE:BTCW) ) just unveiled an update.
Bitcoin Well Inc. has introduced a direct deposit feature for its U.S. customers, allowing them to deposit paychecks and third-party payments directly into their Bitcoin Well accounts. Customers can determine the percentage of their deposits to convert into bitcoin, which is then sent to their personal bitcoin wallets. This move aims to bridge the gap between traditional financial systems and the growing desire to live on a bitcoin standard, enhancing the ease of using bitcoin in self-custody. Any funds not used to buy bitcoin are held in a cash account, available for withdrawal or future bitcoin purchases, thereby strengthening Bitcoin Well’s position as a platform for everyday bitcoin use.
More about Bitcoin Well Inc
Bitcoin Well Inc. operates in the non-custodial bitcoin industry, focusing on enabling independence by providing services that combine the convenience of modern banking with the benefits of bitcoin. They offer Bitcoin ATMs and an online Bitcoin portal to drive cash flow and support their mission.
YTD Price Performance: 7.89%
Average Trading Volume: 735,253
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$29.54M
See more data about BTCW stock on TipRanks’ Stock Analysis page.
