Thanks for the question. Since we're currently custodial, we have the auto-withdrawal feature in the settings enabling you to withdraw to your non-custodial wallet of choice when your wallet balance reaches the "threshold" that you set. Adam & I (Cole) educate people about non-custodial and we help people set up their non-custodial wallets when they ask. We don't expect people to hold their Bitcoin on Coinos.

The reason why Coinos is a great option to onboard new users even though it's custodial, is because it's so easy to use and it eliminates a lot of doubt/friction to the skeptic when they see how easy Bitcoin can be to set up and use as every day spending.

Thank you!

That's great to hear! We really appreciate that! If you know of anyone who owns a business (physical location or online), we would love to talk to them and show them how easy it is to accept Bitcoin payments. We have businesses of many types & sizes using us!

We think Coinos is better than other LN wallets because Coinos has the lowest fees in the world with only a 0.1% conversion fee, which is what you get charged when you withdraw from Coinos to an external Bitcoin onchain or Liquid wallet. Some competitors are 0.5% or more. Also our interface/user-experience is the easiest in the whole market.

If businesses use us, we give them free marketing/promo online which brings them more sales/attention to their business. Competitors don't do that for businesses who use them. It really helps when we do this.

I'm still here for a little bit!

Good question! Yes! We post promo videos on our social media pages about the new merchants that have come on board with accepting Bitcoin through us such as the 1st Gas Station & Liquorstore to come on board in Canada 🇨🇦 We also host 8 meetups per month in Vancouver, BC, Canada where we spread the word about Bitcoin merchant adoption which increases the amount of people spending their Bitcoin. Our goal is to continue to do that, and also open to suggestions how to market things bigger and better.