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RE: Coinbits - Pro's and Con's of the new "Spare change to Bitcoin" platform

in #coinbits7 years ago

I think it’s somewhat better than Acorns, for example, which invests in funds that have fees associated with them. Your gains aren’t as large as they could be if you just buy index funds. With Bitcoin, at least you would get the currency with no annual fees except for the dollar you mentioned. Of course, there are also transaction fees on a bunch of small buys. The good thing is that Coinbase works with Taxbits to calculate your taxes.

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