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31 sats \ 1 reply \ @a864f571e8 11 Sep \ parent \ on: Coinos.io AMA with Adam and Cole AMA
Thanks for the question.
Since we're currently custodial, we have the auto-withdrawal feature in the settings enabling you to withdraw to your non-custodial wallet of choice when your wallet balance reaches the "threshold" that you set.
Adam & I (Cole) educate people about non-custodial and we help people set up their non-custodial wallets when they ask.
We don't expect people to hold their Bitcoin on Coinos.
The reason why Coinos is a great option to onboard new users even though it's custodial, is because it's so easy to use and it eliminates a lot of doubt/friction to the skeptic when they see how easy Bitcoin can be to set up and use as every day spending.
oh wow i see, you guys are doing really great job in eduating people about bitcoin especially those who have doubts and bit skeptical about it. thank you for that. and i really admire the feature you have added about giving people control over their funds in other words; giving them choice to switch between coinos and other non custodial wallet, that is a great option. and how much the setup threshold currentley ? will it change in the future?
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