Frequently Asked Questions
We use the current market rate at all times. Our calculation is fully dependent on the current market rate at the time you initiate a withdrawal.
Bitnob operates easy access savings where you can withdraw from your plan whenever you wish. We are also introducing “Bitnob Locked”; a savings plan that can only be unlocked upon maturity date.
While we don’t have a dedicated “Dollar Rate” button; users can see the equivalent Dollar (USD) / Naira (NGN) rate during withdrawals.
Dollar-cost averaging (DCA) is an investment strategy in which an investor divides up the total amount to be invested across periodic purchases of a target asset in an effort to reduce the impact of volatility on the overall purchase. The purchases occur at regular intervals, regardless of the assets price. Recurring Buy gives App users the ability to apply this investment strategy DCA to bitcoin by creating recurring purchases of bitcoin.
No, you shouldn’t be worried. This is because we regularly perform maintenance on the App to give our users a seamless experience.
Upon the App delete; all your data is safe. They will be restored as soon as your re-install and log in with your details.
The minimum and maximum withdrawal limits are $1 and $x, respectively.
BTC and USD wallets are funded with Bitcoin and United States Dollars respectively. Each of these wallets has its individual market rate. When you withdraw from your plans, you have the option to save your funds at the Bitcoin rate or Dollars rate as you wish.
Yes, you can. To add a new card, click on the account tab, then click on My Card Tab and select add a new card.
Still Need Help?
Our team is happy to answer your questions. Contact us and we’ll be in touch as soon as possible.