Swan Bitcoin, a Bitcoin-only fintech company, has introduced a new program to make Bitcoin purchases easier for employees. Dubbed the Bitcoin Benefit Plan, it will allow users to set a fixed, automated purchase of the digital asset each month. Surprisingly, several employers in the Los Angeles area have already signed up for this exciting program.
Bitcoin has become a dream asset in the crypto space for many, thanks to the huge market potential. However, the increase in value also makes purchases much more difficult for employees who depend on monthly payments. Swan Bitcoin has introduced a new employee program known as the Bitcoin Benefit program to combat this scourge.
The plan offered is similar to that of a traditional salaried plan. However, users will invest a portion of their money in Bitcoins each month instead of a bank account. With this system, users can protect their savings from inflation and keep the value moving as demand for the asset increases in the market.
The process will be fully automated once users set a fixed amount on the first transaction. Swan will take care of subsequent payments on the purchase of Bitcoin each month once the amount is set. The plan is designed to be a DeFi benefits plan, and purchases are made by employers.
Swan believes he can gain user trust by approaching employers who are willing to join the program. It would be a great way to bring Bitcoins to a whole new customer base. By enrolling in the Bitcoin Benefits program, users will gain access to several other features and services offered by Swan Bitcoin.
Initially, accounts will have access to the Bitcoin Educational Platform, including several informative blogs and other material from leading thinkers in the crypto space. They will be offered financial advice and advice to manage their assets in the tokenomy.
Surprisingly, several companies operating around Los Angeles have already signed up for the program. This list includes Compton Magic, CJ Wilson’s Auto Group, Everbowl and Voltage.
Cory Klippsten, Founder and CEO of Swan Bitcoin, believes the move will help bring more people to this revolutionary form of money. The fascination for this virtual money is real, and this is precisely why the program can embark several companies before its launch.
CEOs and corporate executives have also expressed their delight in introducing such a beneficial plan for their employees. Jen Foster, CEO of Everbowl, believes that value based on supply and demand will transform the global monetary system. The Bitcoin Benedict Plan can be one of the steps towards achieving this transformation.