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Coinseed Savings — Invest your spare change in crypto and earn interest
Coinseed helps you invest your spare change in crypto and earn savings interest on the crypto investments. Simply, connect your bank cards then set up your investing and savings rules. Your investment portfolio will start earning savings interest.
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@pollock @del_davaa Del Davaasambuu wont return my emails or my money. Scam! run away from Del and coinseed! Filing complaint with multiple authorities and news media
@pollock @del_davaa @joe646 Del Davaasambuu wont return my emails or my money. Scam! run away from Del and coinseed! Filing complaint with multiple authorities and news media
It's the Acorns for crypto. Good job, be cool if you could link it to a coinbase account.
Coinseed helps you invest your spare change in crypto and earn savings interest on the crypto investments. Simply, connect your debit/credit cards then set up your investing and savings rules. That’s it! Your investment portfolio will earn savings interest either through flexible savings or locked savings.
We are excited to share Coinseed Savings with you and we'd love to hear your thoughts.
Coinseed Savings:
1. Flexible savings - Subscribe your portfolio to it and earn interest while you're actively trading
2. Locked savings - Earn higher interests by locking your cryptocurrencies
On top of Coinseed Savings, here are the other features you can find within the app:
1. Portfolio trading - Create your portfolio from 19 cryptocurrencies
2. Simulated trading - Improve your skills within a simulated environment
3. Cryptoback - Shop from your favorite brands and earn cashbacks
4. Coinseed Learn - Basics of investing and cryptocurrencies
4. Crypto news - Read crypto news from the best sources
@del_davaa Congratulations on Coinseed Savings. What do you plan to do for countries where Crypto investments are reglated?
@del_davaa Del Davaasambuu wont return my emails or my money. Scam! run away from Del and coinseed! Filing complaint with multiple authorities and news media
@del_davaa @rahulvats Del Davaasambuu wont return my emails or my money. Scam! run away from Del and coinseed! Filing complaint with multiple authorities and news media
One of the most useful approaches in crypto market. Great team, great product. Good luck!
I've been meaning to start a small saving using crypto, I will definitely be using this. Do you have support for banks outside the US?
@felipe_otalora currently we’re only available in the US and Mongolia. However, you can still deposit/withdraw cryptocurrencies globally.
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@zoeking yes, precisely! Your money will accrue and earn interest without you even thinking about it.
Love this! I've got a couple of questions:
1. Are you guys financially regulated? Basically, will my money be safe?
2. If you don't mind me asking, how does the locked/flexible savings work? We open and deposit our crypto in these savings accounts or wallets, and then you guys use it to earn revenue so you can provide the interest?
3. Are you guys storing everyone's crypto is hot or cold storage?
@jeffery_widjaja Great questions!
1. As for your USD deposit, it's secured by our banking partner Evolve & Trust bank. However, cryptocurrencies are not insured at the moment.
2. Flexible savings is for you if you want to trade your cryptocurrencies more often. However, you can lock your assets for a certain period and earn higher interests. We leverage a combination of DeFi and centralized money markets to earn interest for your savings.
3. We use the both of cold and hot storages since we also work like an exchange.
@del_davaa Sorry about the interrogation! Was just curious! Thanks for answering the questions. Is USD the only supported currency right now? I'm in the UK with GBP.
@jeffery_widjaja At the moment, only USD is supported. But we'll add support for other currencies very soon. By the way, crypto deposit is available globally and you can start earning interest for your crypto whenever you want.
@jeffery_widjaja @del_davaa i am curious about the network fee. If my change is only $0.5, i can only get a tiny amount of crypto. Who will pay the fee?
@new_user_126b35577b @sukhbatlkhagvadorj1 Del Davaasambuu wont return my emails or my money. Scam! run away from Del and coinseed! Filing complaint with multiple authorities and news media
@?makers what countries do you accept users from? What fees are link with regards to deposits and withdraws? Which payment gateways do you integrate with? Do you take a margin on the spread?
@nancy_figueroa Thank you! Let us know how it goes and if you have any feedback or ideas of improvements!
@nancy_figueroa Del Davaasambuu wont return my emails or my money. Scam! run away from Del and coinseed! Filing complaint with multiple authorities and news media
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that´s a good idea but in a few countries you can start with stocks, savins in great stocks can creat free word of mouth for the app and grow exponentially from there as people see their money growing.
@alex_goldner Awesome idea! Actually, we've been looking into obtaining brokerage licenses in a few countries for that purpose. Unfortunately, we have to go there in-person to complete the necessary KYC and regulation related stuffs and it's getting delayed until we can travel safely.
What countries do you think the best places to start? We have a few choices such as India, Malaysia, Indonesia or Brazil.
@del_davaa Brazil is definitely a great choice, I live in Brazil right now and less the 2% of the people invest in the market, but in the last 2 years this number grow from 0.5 % to almost 2% and as you can see more and moer people are going to investments and there is a lot space to grow. Don´t know much about the other countries.
@alex_goldner Definitely! The growth in latin American countries has been really amazing in the last few years and the best part is that people are really crypto-friendly there.
@del_davaa that´s true and if you want to go with crypto I think the way is to partner with youtubers that are in the crypto market.
Coinseed is a great app for anyone who is interested crypto, and I think it has a big potential in the crypto ecosystem. Happy Savings!
Interesting! Interesting! Do we own the cryptocurrencies we invest in? There is no KYC?
@matt_rodrigues We do have KYC process. Our crypto withdrawal feature is temporarily paused in the US but we are working to enable this feature soon.
I worked for Coinseed as an intern and helped with sales of Simple Agreement for Future Equity. During the internship, I learned a ton and came to respect the team highly. I wanted to add a note. The team includes a Physics Ph.D. drop-out who became a software engineer and has started more than three startups, a Wall Street economics consultant who turned into a software engineer, and highly experienced engineers who competed previously at International informatics Olympiads.
Bitcoin has grown 24% since December. China has kick-started its crypto yuan, too, allowing crypto circulation in its $13.61 trillion economy. I only heard of the interest-earning feature at meetings. It is so great to see that the team brought it alive. It is such great timing by Coinseed. Good luck!
@bat_orgil_batjargal @sukhbatlkhagvadorj1 Del Davaasambuu wont return my emails or my money. Scam! run away from Del and coinseed! Filing complaint with multiple authorities and news media
A great way to save spare changes and turn it into savings where I can redeem it in multiple ways. As a young professional who doesn't have a background in investment and crypto, the tool provides multiple ways to learn and provided foundational knowledge that I can take forward and do my own research (plus the $$ from savings).
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