Eric Finman is one of the people who is known for his $12 bet on currency a couple of years back. Finman can build a company when he is still in high school. He is finally launching his startup called CoinBits. This application basically allows users to invest in Bitcoins in a passive manner.
The main idea of Eric Finman is to democratize access to any kind of currency simply by letting people invest small amounts of money in Bitcoins. The company uses all the nominal sums and let people invest in Bitcoins. This transaction basically helps people to invest a small amount of money and the money is generally deducted from the account of the people directly.
With the help of this investment, people can invest their money on in small accounts like $10, $25, $50 and $100 in a platform which is web-based and this can also establish some kind of risk for all the holdings.
The best thing about this application is that this the company does not charge any kind of money as commission.
“Overall, investing in Bitcoin is complicated and can feel almost impossible,” said Finman. “Coinbits allows you to put that spare change in Bitcoin. For example, if you spend $1.75 on French fries, that remaining 25 cents is invested automatically.”
People can get their payment handled on the same day simply by paying a nominal amount of 50 cents. All the offers are very easily downloadable for accounts so that people can deal with the profits and losses on the same day.
Since Bitcoin is very volatile in nature, it is very hard for anyone to get the real value of the investment. As the investment is very low, it is perfect for any kind of investment.