A new era has arrived where anyone can easily start investing in cryptocurrencies with Mercari’s new feature, “Bitcoin Accumulation.” This article explores the appeal of this user-friendly service, even for beginners.
“Bitcoin Accumulation” offered by Mercari
Mercari’s subsidiary, Melcoin, has introduced a new “Bitcoin Accumulation” feature. This feature allows users to automatically purchase Bitcoin on a regular basis through bank withdrawals and can be easily set up within the Mercari app. As a result, even beginners can easily start accumulating cryptocurrency. The feature is being gradually rolled out to existing Mercari users and is expected to be available to all users within the next two weeks (POLITICO) (Fierce Electronics).
Flexible settings and ease of use
With the “Bitcoin Accumulation” feature, users can set any amount (from 1 yen to 1 million yen). Furthermore choose their preferred monthly savings frequency (up to 4 times). It is also possible to use Mercari Points for savings. With integration over 800 financial institutions, flexible automatic savings are made possible. Additionally, users can review or cancel their savings plan at any time. Which is allowing them to build assets at their own pace. There are no transaction fees, and the accumulated Bitcoin can be returned to the “Merpay balance” for use at any time (Fierce Electronics) (SiliconANGLE).
The future of the cryptocurrency market and Melcoin’s strategy
Melcoin’s CEO, Keita Nakamura, emphasized “affordable savings that suit one’s own style” and revealed that they are considering adding savings with Ethereum in the future. There are also plans to allow users to use their Mercari sales proceeds for automatic savings. Additionally, at an announcement event held on the same day, financial planner Kazue Takayama took the stage and introduced the benefits of dollar-cost averaging. She explained that regular savings investments are resilient to significant price fluctuations and are suitable for beginners (SiliconANGLE). With this new feature, Mercari aims to increase the trading activity rate for cryptocurrencies and strengthen its presence in the market.
- Mercari introduces the “Bitcoin Accumulation” feature.
- Users can automatically save Bitcoin at any amount and frequency of their choice.
- Mercari Points can be used, and there are no transaction fees.
- Plans are underway for Ethereum support and the use of Mercari sales proceeds for automatic savings.
✍️ Melcoin: A subsidiary of Mercari, providing Bitcoin trading services. For more details, please visit the official Melcoin website.
✍️ Mercari: A major Japanese flea market app. For more details, please visit the official Mercari website.
✍️ Keita Nakamura: CEO of Melcoin. For more details on the announcement, please refer to Mercari’s press release.
