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What are some of the benefits of using the piggybank rather than just going through a normal exchange and buying & storing the coins myself?
The benefits are as follows:
1) Automatically convert & store your fiat currencies into your pre-selected cryptocurrency portfolio
- save time & efforts of buying multiple coins & fees spent on the exchanges
2) Simplified KYC until you withdraw your savings
- Exchanges may take days to verify your identity, let alone bank transfers will take at least 24-72 hours. Eliminate the opportunity costs involved with waiting for you to get verified & acquire cryptocurrencies right away.
3) Powerful Features
- Many experienced traders go through the phase of 'frustration' which most likely ends up with negative solutions such as getting involved in high risk projects or simply gambling away what's left of their investments. With the powerful features of Cointorox Piggy-bank, users are able to (i) automatically sell all coins should values go below actual saved amounts (ii) lock savings for a specified period of time to prevent YOURSELF from using them.
For a full list of the powerful features, please refer to: https://medium.com/@cointorox/9-powerful-features-of-your-digital-piggy-bank-68f9cae8f03
