EasyJet Parent Company Launches App to Simplify Retail Bitcoin Investing

We may earn commissions from affiliate links or include sponsored content, clearly labeled as such. These partnerships do not influence our editorial independence or the accuracy of our reporting. By continuing to use the site you agree to our terms and conditions and privacy policy.

Article Details

EasyGroup, the parent company of easyJet and easyHotel, is entering the digital asset market with the launch of easyBitcoin.app, a mobile platform built in partnership with Uphold to make Bitcoin investing more accessible.

The debut comes as Bitcoin trades near record highs, with prices around $112,650 at publication time. Surveys show retail confidence in Bitcoin is strengthening, though many still find trading too complicated. A study commissioned by Uphold found that 88% of U.S. respondents expect Bitcoin to grow their wealth over the next decade, with 39% ranking it among their top three investment, just behind real estate and ahead of gold. Nearly half, however, said the process feels too complex.

Incentives for New Investors

To lower barriers, easyBitcoin will offer:

  • A 1% welcome bonus on recurring purchases
  • 2% annual rewards for long-term Bitcoin holders
  • 4.5% APY on USD balances, paid in Bitcoin, with deposits insured up to $2.5 million by the FDIC

“Investing in bitcoin has felt like an exclusive club, out of reach for the general public with very high transaction costs,” said Stelios Haji-Ioannou, founder of easyGroup. “With easyBitcoin, we want to change that.”

Read More:

Global Rollout Ahead

easyBitcoin is initially targeting U.S. customers, but a U.K. version of the app is scheduled to launch later this year, underscoring easyGroup’s intent to expand its consumer-focused brand into crypto markets globally.

By leveraging its household-name reputation and Uphold’s infrastructure, easyGroup is positioning easyBitcoin as a gateway for mainstream adoption, bringing Bitcoin investing to everyday retail customers at a moment of growing enthusiasm for digital assets.

Source

Leave Reaction
Share Article
Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.
comment-icon Commentaries
Add your comment

Fill in necessary fields and publish