21bitcoin is the newest app in Europe allowing users purchase bitcoin easily and swiftly and jump onto the bandwaggon. The closed beta run is completed and users subscribed to the waitlist will receive an invitation to try the app in the coming weeks.
“We believe in harnessing the power of technology to solve some of the world’s biggest problems. 21bitcoin levels the financial playing field by building a robust financial services platform directly on top of Bitcoin, the money for the 21st century” summarizes CEO Daniel Winklhamer the vision.
The app is built by a young team of five, headquartered in Salzburg, Austria. The product promise is simple and concise. “The easiest way to invest in Bitcoin. From your dashboard 4 taps is all it takes to buy your first sats or even a whole bitcoin. Cheaper than anywhere else: We only charge a fee of 0,49%. No strings attached. First-class support that is always there for you and answers your questions.” reads the website. With the market maturing, having great support and a better deal on fees is the key to success and to customers hearts.
The new venture is licensed under the Financial Market Authority in Austria serving the entire EU market. To ensure asset security and fast account verification the company has partnered up with established companies BitGo and Onfido
“I am very happy that we finally received the green light from the regulator. To get a license in Austria is not an easy job for a startup because they expect highest standards in regards to the licensing procedure and it takes a long time.” explains 21bitcoin CEO Daniel Winklhammer.
The license was the last bottleneck before the young team was ready to launch. But they didn’t waste time while they had to wait for the regulatory approval. In the meantime the have been busy building up their marketing channels through instagram, linkedin and Twitter. A majestic amount of free education, infographics and content has been accumulated over the time.
“Bitcoin is still a relatively small and young asset class and as a new technology, unlike gold, stocks, bonds and real estate, is not yet fundamentally understood by many investors.” explains Daniel Winklhammer CEO and co-founder on Linkedin in a comment on recent market volatility.
Bitcoin is indeed still volatile, so why does 21bitcoin plan that people would want to get into such risk? For Mr Winklhammer this is the wrong question as he believes that bitcoin won’t go away and will continue to grow. He is convinced that most people join bitcoin for the money and stay for the revolution. “Focus on the positive and don’t waste your precious time on close-minded people. Everyone buys bitcoin at the price they deserve.” he tweets. Probably enough to say about it.
To learn more about 21bitcoin and join the waitlist visit 21bitcoin.app