Lawnmower is a new app that lets users making their day-to-day spending habits worth Bitcoin. It’s a pretty simple concept, but with a powerful effect. Lawnmower rounds up your purchases to the nearest dollar and converts the difference into bitcoin that is directly deposited into a wallet the user will specify.
It’s a very simple process; just by using your spare change to buy Bitcoin and watch your stash grow. That way you can invest in Bitcoin with a “pocket changing” effect!
watches the transaction history of all linked bank accounts (credit, debit, or otherwise) and accumulates spare change; that way, users can go about their day-to-day spending and with Lawnmower turning spending into bitcoin stacking.
Every time you make a purchase, Lawnmower calculates the spare change generated and immediately turns it into Bitcoin at the current price. Lawnmower automatically purchases bitcoin through Coinbase as your spare change accumulates. After some time, you can check back to see how much your bitcoin have grown.
If you already have a Coinbase account, you are good to go. You can get started in seconds just by downloading the app into your iPhone, signing up and link the app to your credit card or Bank account. Then just sit back and passively grow your bitcoin stash. If you don’t have a Coinbase account, you should open one if you want to use the Lawnmower app.
The app is extremely sensitive to the costs associated with buying bitcoin. Lawnmower charges nothing on top of Coinbase’s existing purchase fee.
More than meets the eye, Lawnmower is layered with subtle yet valuable features where you can link your everyday spending with your savings.
Purchase and hold bitcoin with a trusted exchange and wallet provider, Coinbase. All banking information is securely handled via Plaid. The more you swipe, the more you invest. Take advantage of your spending habits by saving and investing in the future.
Information & Images provided by: Lawnmower
It’s a very simple process; just by using your spare change to buy Bitcoin and watch your stash grow. That way you can invest […]