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Bitcoin is growing well with the ecosystem of online products

EDMONTON, Alberta, Nov. 24, 2021 (GLOBE NEWSWIRE) – Bitcoin good (the “company” or “BTCW“), A company that provides convenient, safe, and reliable ways to buy, sell, and use Bitcoin, is pleased to announce new online buying features on the Bitcoin Well website and the expansion of our online ecosystem.

Online service offers without custody

We strive to give our customers the ability to buy Bitcoin in the fastest, safest possible way. In addition to the existing online products offered by Bitcoin Well, customers can now buy Bitcoin using Visa Debit. This new revenue stream and customer functionality comes with the introduction of our online platform, where users can create an account without a custody account to make Bitcoin purchases quickly and easily.

Non-custodial financial services are a core business pillar for Bitcoin Well, and this new Visa debit functionality signals the first major strategic shift for our ecosystem as we prepare to offer more products online. This functionality is unique in the industry and is not currently available on other exchanges in Canada1. Similarly – and true to the Bitcoin Well model – while users can create an online account, the custody of their Bitcoins remains in their own hands as we route all account transactions to an address or wallet that the customer controls. The ability to keep your bitcoins from the Bitcoin Well account yourself is a key difference in security that most other exchanges don’t.

Unstuck online products currently offered by Bitcoin Well:

“We will continue to expand the Bitcoin Well online ecosystem,” said Adam O’Brien, Founder and CEO of Bitcoin Well. “Creating an optimized customer experience is paramount. Whether a customer’s first interaction is through our OTC offices in person, at an ATM or online, they have access to the entire suite of Bitcoin Well products and services and add value to our customers with every expansion of our ecosystem . The best part is that our customers can maintain the advantage of self-custody over their Bitcoin with the convenience of an account-based platform. “

Giving our customers the opportunity to buy Bitcoin online with their Visa Debit through an account is an important milestone in expanding the Bitcoin Well online ecosystem.

“It’s a quick, easy, and convenient way for customers to buy Bitcoin from the comfort of their own home or while sipping coffee in their favorite coffee shop. We hope this will increase customer buying frequency and customer loyalty over the long term, ”said Aryon Billings, Director of Product Delivery for Bitcoin Well. “The team has worked extremely hard to deliver this new functionality and we pride ourselves on the foundations that have been laid to enable the continued development of solutions for financial sovereignty.”

Black Friday weekend promotion

Bitcoin Well is offering a special promotion for Black Friday weekend to celebrate the launch of our Visa Debit purchase offer and to reward customers for joining our online ecosystem. From Friday, November 26, 2021 00:01 a.m. to Monday, November 29, 2021 11:59 p.m. (MST), anyone who visits bitcoinwell.com and creates an account is entitled to a 10% refund * on theirs first Bitcoin purchase with a Visa debit card during the promotional period.

To prepare for our exclusive Black Friday Weekend promotion, register here for an account without a custody account with Bitcoin Well and make your first purchase between November 26th and 29th, 2021.

* New account users get 10% back in Bitcoin on their first transaction with Visa Debit, up to a maximum value of 50 CAD. Terms and conditions apply. Visit bitcoinwell.com for more information.

About Bitcoin Well

Bitcoin Well (TSX.V: BTCW) provides convenient, secure, and reliable ways to buy and sell Bitcoin through a trusted Bitcoin ATM network and suite of web-based transaction services. The company generates revenue and, based on a publicly available data management assessment, is the first publicly traded Bitcoin ATM company in the world with an entrepreneurial consolidation strategy to enable value-adding and cost-effective expansion in North America and worldwide. As the head of Canada’s longest-running, founder-run Bitcoin ATM company, Bitcoin Well’s management brings extensive operational capabilities spanning the value chain, as well as access to proprietary, cutting-edge software development to support further expansion. Bitcoin Well is committed to transforming society’s relationship with money by offering an ecosystem of products and services that make Bitcoin accessible and understandable. This ecosystem includes not liable Financial offers (both in person and online), technology development, including SaaS and in-house technology development by Ghostlab, the company’s technology arm, and educational resources tailored to the needs of customers and the industry. Follow us on LinkedIn, Twitter, YouTube, Facebook and Instagram to stay up to date on our business.

Contact information
For investor information, please contact:

Bitcoin good
10142 82 Avenue NW
Edmonton, AB T6E 1Z4
bitcoinwell.com

Adam O’Brien, President & CEO or Dave Bradley, Chief Revenue Officer
Tel: 1 888 711 3866
ir@bitcoinwell.com

For media inquiries and further information, please contact:

Karen Smola, Head of Marketing
Tel: 587-735-1570
k.smola@bitcoinwell.com

Reader’s Guide / Forward-Looking Statements

Statements in this Bitcoin Well press release that are not historical facts are “forward-looking statements” that involve risks and uncertainties, such as arising from private placements and various business goals. Such information can generally be identified by the use of forward-looking phrases such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “further” or the negative or similar variations thereof. Because forward-looking statements address future events and conditions, they inherently involve inherent risks and uncertainties. In any event, actual results could differ materially from those currently anticipated in such statements due to factors such as: (i) adverse market conditions; (ii) the need for additional funding; and (iii) changes in laws and regulations. Unless required by law, Bitcoin Well does not intend to update changes to such statements.

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1 Based on management’s assessment of publicly available information.

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