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Where can I use my Tomo Credit Card?

1. I saw online advertising of Tomo Credit Card.
2. Took months to settle a problem, bad business and I was charged for recurring payments though I requested to cancel.
3. This is the worst customer service experience.
4. I paid $69 and received no reporting at all.
5. I really don’t know what to do but I want my bank account and SS number away from this shitty service IMMEDIATELY.

Took months to settle a problem, bad business and I was charged for recurring payments though I requested to cancel. I had tomo credit card, was ok until they closed it on me and switched me to a “credit reporting” plan, reports good credit when you pay bills etc. They have no phone number and it took months for them to cancel a recurring subscription, was charged for months while waiting for a resolution.

Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. This place is a RIP OFF…I sent request to cancel a year ago and they still keep trying to debit my account. WalletHub is not a financial advisor. Our goal is to provide you with top-notch content, data, and tools. You are responsible for deciding what financial products and providers are best for your needs. Get answers to your questions about TomoCredit below.

Scammed me and probably selling my information

Claim your profile to access Trustpilot’s free business tools and connect with customers. Advertising enables WalletHub to provide you proprietary tools, services, and content at no charge. Advertising does not impact WalletHub’s editorial content including our best picks, reviews, ratings and opinions. Those are completely independent and not provided, commissioned, or endorsed by any issuer, as our editors follow a strict editorial policy.

Canceling TOMOBoost

Be sure to read sub rules before posting, use the resources linked in the sidebar / about section of the sub, and use search to see if your question has already been answered. Everything that everyone else has written in other reviews is the same for me. I tried reporting them to the Consumer Financial Protection Bureau, but their company is nowhere to be found. Companies can study investigates crypto selection ask for reviews via automatic invitations.

So I got a tomo credit card a few months ago. I had no issues it was fine then a week or two ago they started emailing me saying I owed $189. I kept trying to call and every time I called it would just go right to a voicemail saying they no longer take calls. I emailed them and sent them screenshots of my zero dollar balance just proved I don’t owe anything.

My credit sucks right now, but boost seems to be helping me rebuild again. I saw online advertising of Tomo Credit Card. But they keep advertising it.I tried to request a refund, but only receive automated email reply. Nope ever contacted me back after 3 months now.I locked my card ibm online courses blockchain so they can’t charge me for credit score boasting subscription, and now I’m being spammed with SMS about my upcoming service termination. 2 months ago I’ve got SMS with “final notice” but they keep coming til this day.F THIS COMPANY I hope they go broke.

Join WalletHub

Scam company they take your money and don’t report anything and false report saying it reports to all 3 bureaus when it doesn’t it’s sad america even lets these kind of company’s exist. They only report to Transunion and half of the time it shows messed up no limit is shown at all. I opened an account and needed to cancel it after I saw they don’t have any company information online. I have email several times to try to close my account and no one does it.

They are still trying to debit my account. I emailed 8 times to cancel my subscription. I was just trying desperately to reach someone in their bitcoin complete guide to mastering bitcoin mining trading and investing pdf customer service to get a few questions answered before joining. I’ve tried emailing them with not one response.

The new lines in each step are shown in red, so you’ll know exactly what to draw next. You may want to open the video in a new tab and use both drawing methods. In this article, you will learn step-by-step techniques to capture the adorable features of a sea otter through drawing. From mastering their whiskers to portraying their playful nature, discover how to bring these charming creatures to life on paper. Dive into the world of sea otters and unleash your artistic potential with our comprehensive guide. This is a simple lesson designed for beginners and kids with real easy to follow steps.

How to Draw a Great Looking Orca for Kids and Beginners – Step 1

Learn how to draw the fearsome nvidia titan v cryptomining performance does not disappoint but price/perfomance factor is way off Megalosaurus with these easy step-by-step instructions. Master the art of creating this prehistoric predator in just a few simple and fun steps. Let your creativity roar with this exciting drawing tutorial.

To start this guide on how to draw an orca, we will be starting with the head and mouth. First, use a long curved line for the top of the head and the start of the back for the orca. These creatures, also known as killer whales, are apex predators that dominate the various environments and oceans that they are found in.

Step 6: Draw a few more body details to finish this drawing of the Killer Whale and you’re done!

Despite their name, killer whales have not been known to harm humans in the wild. Orcas are social animals, so if you had fun drawing this one then you could add some more to the image. They could be posed similarly to the one in this guide, or they could be in different poses. Our oceans are filled with many astonishing and wondrous creatures both big and small.

All of the tutorials on How2DrawAnimals.com are good drawing tutorials for beginners and experienced artists alike. The online tutorials are easy to follow; they teach you the how to draw basics while showing you how to draw animals step by step. Each animal has a video drawing tutorial option, as well as step-by-step photos and written text to follow. Learn how to draw a realistic eye patch with this easy step-by-step guide. Let your creativity shine as you master the art of drawing this classic accessory. Learn how to draw a beautiful orchid plant in just a few simple steps.

Discover useful tips and techniques to help you create a lifelike representation of this majestic creature. Master the art of capturing the beauty and grace of the Arctic wolf in your own drawings. Adding other orcas to your orca drawing is one idea, but you could also add some other ocean creatures. Some more obvious choices would be some dolphins or maybe a great big whale.

1. Before you proceed, you could also add some details of your own.
2. An idea for this would be to draw a background that has more fish or marine life swimming around this orca.
3. You can trust Easy Drawing Guides to provide you with some of the best drawing tutorials available online.
4. We’ve been creating high-quality, easy-to-follow drawing tutorials since 2016.

Step 5 – Finish off your orca drawing

Then, we will bring some straighter lines inward for the mouth. For the first few steps, don’t press down too hard with your pencil. Use light, smooth strokes to begin so that it’s easy to erase if you make a mistake. Like other dolphins, orcas live in groups called pods, numbering up to 40 individuals. The pods have a matriarchal hierarchy, meaning that the oldest female is in charge. For more great Things to draw tutorials, see the 100 Easy Things to draw Art Projects for Kids post.

An idea for this would be to draw a background that has more fish or marine life swimming around this orca. When you’re ready, draw some tiny triangular shapes along the upper edge of the mouth. Once you have drawn these, add some shading near the back of the mouth. We mentioned earlier that the orca is an apex predator, and it wouldn’t be effective at that without some sharp teeth!

By following the simple steps, you too can easily draw a perfect Orca. By drawing some water and splash effects, you could make it look like it’s leaping up. Orcas are not exactly known as the most colorful of creatures, as they have a striking yet simple black and white color scheme to them. First, draw a curved line that has a dull point at the bottom of it for the first fin near where the bottom of the head ended. In this free art lesson, you’ll learn how to draw an Orca or Killer Whale step-by-step. You may also wish to use crayons, colored pencils, or markers to shade your finished drawing.

Learn how to draw a realistic and detailed Baryonyx with these step-by-step instructions. This guide will help you capture the unique features and characteristics of this dinosaur, making your artwork stand out. You can trust Easy Drawing Guides to provide you with some of the best drawing tutorials available online. A pod of orcas can contain a few of these majestic creatures, so you could add as many as you like! If you need some help portraying other poses, maybe try to look up some images online to help you.

Learn how to draw an Allosaurus with this step-by-step guide. Discover techniques to sketch the prehistoric dinosaur’s powerful body and distinctive features to create your own realistic depiction. Killer whales are frequent subjects of art throughout their range, from ancient times until today. For example, certain Alaska natives recount tales of killer whales taking on human form in their mythologies. Note that one side of the line dips down farther than the other. Another way to keep the colors looking more dynamic is by utilizing different art mediums.

Sketch the shape of the pectoral, or side, fin using a long curved line. Notice how the fin is shaped like an irregular triangle with rounded corners. Visit our art supply page for more information about the supplies used in this lesson. Here are some fun facts about the Killer Whale you might find interesting.

For this step of our guide on how to draw an orca, we will finish off with some pattern details. Learn how to draw a captivating Ice Dragon with this step-by-step tutorial. Discover expert tips and techniques to bring this mythical creature to life on your canvas. Today, killer whales frequently star in films such as Free Willy (1993). The film’s star, Keiko, and Shamu, one of the first orcas in captivity, are among the most well-known killer whales. Killer whales use 40 four-inch long teeth to capture prey such as tuna, seals, squid, and penguins.

So sometimes investors use dollar-cost averaging to help navigate the bumpy times. It can also serve as a risk management trading strategy if you end up buying more when the price is relatively lower—and buying less when the price is relatively higher. It’s important to note that dollar-cost averaging works well as a method of buying an investment over a specific period of time when the price fluctuates up and down. If the price rises continuously, those using dollar-cost averaging end up buying fewer shares. If it declines continuously, they may continue buying when they should be on the sidelines. It can also be a reliable strategy for long-term investors who are committed to investing regularly but don’t have the time or inclination to watch the market and time their orders.

But unless you’re trying to turn a short-term profit, this is a scenario that rarely plays out in real life. Even great long-term stocks move down sometimes, and you could begin dollar-cost averaging at these new lower prices and take advantage of that dip. So if you’re investing for the long term, don’t be afraid to spread out your purchases, even if that means you pay more at certain points down the road. Dollar-cost averaging is the strategy of investing in stocks or funds at regular intervals to spread out purchases. If you make regular contributions to an investment or retirement account, such as an individual retirement account (IRA) or 401(k), you may already be dollar-cost averaging.

Meet Top Certified Financial Advisors Near You

Even experienced investors managed forex accounts who try to time the market to buy at the most opportune moments can come up short. It can be costly if an investor purchases stock in small denominations, such as buying four or five company shares at a time. Since each periodic contribution has already been set aside for investment purposes, investors are less likely to be concerned with short-term market movements.

1. It’s true, by dollar-cost averaging, you may forgo gains that you otherwise would have earned if you had invested in a lump-sum purchase and the stock rises.
2. Dollar-cost averaging requires investors to buy multiple times, which could mean higher accumulated transaction costs.
3. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website.

step trading guide

The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Also, keep in mind that lump sum investing only beat dollar cost averaging most of the time. A third of the time, dollar cost averaging outperformed lump sum investing.

Below are a few scenarios that illustrate how dollar-cost averaging works. In other words, dollar-cost averaging saves investors from their psychological biases. Because investors swing between fear and greed, they are prone to making emotional trading decisions as the market gyrates. Our partners cannot pay us to guarantee favorable reviews of their products or services.

Committing to this strategy means that you will be investing when the market or a stock is down, and that’s when investors can potentially score the best deals. NerdWallet, Inc. is an independent publisher and comparison service, not an investment advisor. Its articles, interactive tools and other content are provided to you for free, as self-help tools and for informational purposes only.

How confident are you in your long term financial plan?

Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories, except where prohibited by law for our mortgage, home equity and other home lending products. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range, should you buy bittorrent token technical analysis can also impact how and where products appear on this site.

However, you’ll never be able to consistently predict where the market is heading. Here’s how dollar-cost averaging performs in a market that’s going mostly sideways, with a few ups and downs. Let’s assume that $10,000 is split equally among four purchases at prices of $50, $40, $60 and $55 over the course of a year. Those four purchases will get 199.6 shares, basically how to buy flare token what a lump-sum purchase would get. So the payoff profile looks nearly identical to the first scenario, and you’re not much better or worse off.

In this example, the investor takes advantage of lower prices when they’re available by dollar-cost averaging, even if that means paying higher costs later. If the stock had moved even lower, instead of higher, dollar-cost averaging would have allowed an even larger profit. Buying the dips is tremendously important to securing stronger long-term returns. Dollar-cost averaging only makes sense if it aligns with your investing objectives. It’s only in retrospect that you can identify what favorable prices would have been for any given asset—and by then, it’s too late to buy.

After all, by joining a project at its earliest stages, you are helping to shape its trajectory and position yourself for maximal benefits should it succeed. Investing in cryptocurrency is a great way to make money with crypto. You can invest in individual coins, such as Bitcoin and Ethereum, or you can invest in a cryptocurrency index fund. This is a great way to diversify your portfolio and spread your risk. The interest you can earn depends on the cryptocurrency and the number of coins you are staking.

The cryptocurrency industry has grown substantially since Satoshi Nakamoto published the original Bitcoin whitepaper in 2008. More than a decade later, most people are aware of the terms “Bitcoin” and “cryptocurrency”. It’s crucial to strike when the iron is hot – so be sure to research promising projects thoroughly and act quickly when opportunities arise.

Tether, NEO and Stellar (XLM) are some of the coins you can stake. Although Bitcoin is likely the best-known virtual money, thousands of cryptocurrencies already exist. Cryptocurrency investing can take many forms, ranging from buying cryptocurrency directly to investing in crypto funds and companies. For direct investing in crypto coins, you can buy cryptocurrency using crypto exchanges or apps or through certain broker-dealers.

1. Airdrops and forks are the crypto equivalent of being in the right place at the right time.
2. It’s one of the most exciting ways to make money in crypto by buying and selling NFTs.
3. As of the date this article was written, the author does not own cryptocurrency.
4. Trading cryptocurrency is another popular way to make money with crypto.

Token Metrics Team

Some sites require you to complete surveys or refer friends, while others might ask you to write reviews about different cryptocurrencies or download specific apps. Day trading stands among the most lucrative ways to earn with cryptocurrencies in 2023. You can make consistent and reliable gains throughout the day with a basic understanding of technical analysis indicators such as moving averages. At first glance, it may seem like the best way to earn with cryptocurrency in 2023 is to set up your own mining rig. After all, this allows you full control over your mining operations and will enable you to earn profits directly from mining rewards. However, while this may be a tempting option, it also has several significant drawbacks.

Hedge With Crypto is an independent publisher that provides objective and free content. However, our editorial content remains unbiased, reflecting our own opinions why white label crypto exchange software is the smart choice for startups or the general information available. For more information on our company policies, read the Affiliate Disclosure, Privacy Policy, and Terms & Conditions. The author did not own the aforementioned cryptocurrencies at the time of publication.

However, cryptocurrencies are volatile and therefore, investing or trading in them can be a risky venture. It’s therefore prudent to have a diversified portfolio with multiple digital currencies in addition to other investments. You can earn passive income using crypto as an opportunity to diversify your investments and earnings.

Is Cryptocurrency Actually a Good Investment?

This article will take a more in-depth look at the above strategies. Keep reading to discover all you need to know about making money with crypto. Crypto markets have responded wildly to news and regulatory developments in the past—press releases have resulted in large price swings from exuberance and fear. Stay up to date with our latest exchange reviews, promotions, how-to guides and educational articles on Bitcoin, cryptocurrency & more. Those who wish to become validators will typically need a large amount of cryptocurrency, a good internet connection, and software specific to the blockchain. Our partners cannot pay us to guarantee favorable reviews of their products or services.

HODLING – Perfect option if you believe in the future of blockchain technology.

In 2017, at the peak of the interest in cryptocurrencies, “How to buy BTC” was the third-ranked “How ripple price latest xrp charts ripple coin coin news to …” Google search. Similarly, over the past five years, the growth in Bitcoin unique accounts and transactions has averaged nearly 60 per cent per year. Airdrops are a great way for cryptocurrency enthusiasts to earn free tokens without needing to put in any money.

You can invest in Bitcoin directly by using one of the major cryptocurrency exchanges, such as Coinbase or Binance. Another way to gain investment exposure to Bitcoin is to buy shares in a company with significant Bitcoin exposure, how to buy spacex token such as a Bitcoin mining company. A third option is to invest in a Bitcoin-focused fund such as an exchange-traded fund (ETF). The cryptocurrency space is evolving rapidly, so it’s also important to pay attention to new developments that may affect your crypto holdings. Cryptocurrency investors need to understand the tax consequences of using crypto, especially if they purchase something or sell their crypto investments. Many investors are nonetheless attracted to the potential upside of investing in crypto.

Break-even point (BEP) depends on whether we are discussing the number of units required, or total revenues required to cover total costs. If a company has fixed costs (e.g. rent, insurance), the number of units must be large enough to cover these fixed costs before it can make any profit or loss. Once fixed costs are covered, then consideration should be given to whether there are still more units that could be sold. Break-even analysis in economics, business, and sh payments selects nano as digital core banking platform cost accounting refers to the point at which total costs and total revenue are equal.

What is the basic objective of break-even point analysis?

As we can see from the sensitivity table, the company operates at a loss until it begins to sell products in quantities in excess of 5k. For instance, if the company sells 5.5k products, its net profit is $5k. In effect, the insights derived from performing break-even analysis enables a company’s management team to set more concrete sales goals since a specific number to target was determined. At that breakeven price, the homeowner would exactly break even, neither making nor losing any money.

The data used in these formula come either from accounting records or from various estimation techniques such as regression analysis. The relationship between contribution margin and breakeven point is that even a dollar of contribution margin chips away at a company’s fixed cost. A higher contribution reduces the number of units needed to break even because each unit contributes more towards covering fixed costs. Conversely, a lower contribution margin increases the breakeven point, requiring more units to be sold to cover fixed costs. Therefore, given the fixed costs, variable costs, and selling price of the water bottles, Company A would need to sell 10,000 units of water bottles to break even. The break-even value is not a generic value as such and will vary dependent on the individual business.

Breakeven Point: Definition, Examples, and How to Calculate

Options can help investors who are holding a losing stock position using the option repair strategy. It is only useful for determining whether a company is making a profit or not at a given point in time. Someone on our team will connect you with a financial professional in our network holding the correct designation and expertise. Finance Strategists is a leading financial education organization that connects people with financial professionals, priding itself on providing accurate and reliable financial information to millions of readers each year.

What is the excess of total sales over sales at BEP?

Note that in the prior example, the fixed costs are “paid for” by the contribution margin. The more profit a company makes on its units, the fewer it needs to sell to break even. Having high fixed costs puts a lot of pressure on a business to make up those expenses with sales revenue.

In a small business perspective, you can use BEP in units to know the minimum number of units that you need to produce and sell to reach breakeven. That also means that unit sales below 500 will always be at a loss and unit sales above 500 will always be at a profit. Either option can reduce intermediate capital broker views icp broker ratings the break-even point so the business need not sell as many tables as before, and could still pay fixed costs. Let’s say that we have a company that sells products priced at $20.00 per unit, so revenue will be equal to the number of units sold multiplied by the $20.00 price tag.

1. On the other hand, if this were applied to a put option, the breakeven point would be calculated as the $100 strike price minus the $10 premium paid, amounting to $90.
2. The total variable costs will therefore be equal to the variable cost per unit of $10.00 multiplied by the number of units sold.
3. The breakeven point doesn’t typically factor in commission costs, although these fees could be included if desired.
4. This means that the investor has the right to buy 100 shares of Apple at $170 per share at any time before the options expire.
5. Someone on our team will connect you with a financial professional in our network holding the correct designation and expertise.

Variable costs

On the other hand, if this were applied to a put option, the breakeven point would be calculated as the $100 strike price minus the $10 premium paid, amounting to $90. Assume that an investor pays a $5 premium for an Apple stock (AAPL) call option with a 6 augmented reality examples to inspire your luxury brand $170 strike price. This means that the investor has the right to buy 100 shares of Apple at $170 per share at any time before the options expire.

The break-even point (BEP) or break-even level represents the sales amount—in either unit (quantity) or revenue (sales) terms—that is required to cover total costs, consisting of both fixed and variable costs to the company. It is only possible for a firm to pass the break-even point if the dollar value of sales is higher than the variable cost per unit. This means that the selling price of the goods must be higher than what the company paid for the good or its components for them to cover the initial price they paid (variable and fixed costs).

The breakeven point (BEP) is the sales point at which total revenue is equal to total costs. Knowing how to calculate the breakeven point is an advantage since it can help you determine the right level of sales needed to break even and, subsequently, earn profit. For small businesses, the breakeven point is a business milestone and knowing your progress toward it is a good measure of your success and performance. If the company can increase its contribution margin per unit to $8 (by perhaps lowering its per unit variable cost), it only needs to sell 8,750 ($70,000 / $8) to break even. The break-even points (A,B,C) are the points of intersection between the total cost curve (TC) and a total revenue curve (R1, R2, or R3).

11 Financial is a registered investment adviser located in Lufkin, Texas. 11 Financial may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. 11 Financial’s website is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Break-even points can be useful to all avenues of a business, as it allows employees to identify required outputs and work towards meeting these. In conclusion, just like the output for the goal seek approach in Excel, the implied units needed to be sold for the company to break even come out to 5k.

Coinbase supports several payment methods, including wire transfer, debit and credit cards. Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and services, or by you clicking on certain links posted on our site.

Instant Exchange

Although the actual costs may be similar to historical Coinbase fees, you will not know the exact amount charged until the order creation process. This amount varies according to your payment method, the size of the order, and market conditions. In 2017, Coinbase launched its independent mobile wallet for iOS and Android. The wallet stores the private keys on the user’s device, so only they have access to the funds. This brings Coinbase full circle since it started out as a wallet, transitioned to an exchange only, and then began offering wallet services again. The company raised over $540m from leading investors such as Andreessen Horowitz, Ribbit Capital, and Intercontinental Exchange (the owners of the New York Stock Exchange).

There are no extra fees for this service and that’s another positive aspect this Coinbase review takes into account!

The company also launched the Global Digital Asset Exchange (GDAX) to better serve users who trade high volumes of crypto. GDAX is now known as Coinbase Pro and offers various trading tools designed for professional traders. Coinbase is known for its relatively high fees compared to other exchanges. Transaction fees can range from 0.05% to 0.6%, depending on the payment method used and additional fees may apply for certain transactions.

Sending cryptocurrency to your external wallet

In terms of security, Coinbase says it keeps almost 98% of its assets in an offline cold storage that can’t be accessed or broken into. Furthermore, the company claims any assets held in the hot wallet Coinbase Review system are insured. Coinbase also covers all the cash balances of its US residents under the Federal Deposit Insurance Corporation (FDIC) protections, to the extent of $250,000 per individual.

Should I Give My SSN to Coinbase?

• While it’s a little limited on the digital currencies it supports, it’s not only easy to use but also the safest to use of any wallet we tested.
• Authenticator apps like Authy and Google Authenticator are great options and are recoverable if you lose your device.
• You will also be asked to enter the billing address linked to your prefered payment method.
• In 2015, the company added another powerful asset to its roster by launching a US-based exchange for professional traders, called Coinbase Exchange.
• As the primary feature of the ever-growing Coinbase product range, buying and selling cryptocurrencies is super easy.
• They have their own designed trading screen, or users can choose one powered by TradingView that is built right into the exchange for ultimate convenience.

Like most websites, Coinbase also automatically collects IP addresses and uses geotracking, and the exchange verifies identity information to comply with anti-money laundering laws. Contrary to popular belief, crypto holdings aren’t insured through this coverage. The FDIC has published a Deposit Insurance Fact Sheet to provide clarification.

Coinbase Security Measures

• Unlike many crypto exchanges that avoid the U.S. market, Coinbase has registered as a Money Services Business with FinCEN and complies with financial services and consumer protection laws.
• Retail investors can pay higher fees for access to the Coinbase app’s simple and sleek interface.
• Our estimates are based on past market performance, and past performance is not a guarantee of future performance.
• Next, you will need to select whether you want to open an ‘Individual’ account or ‘Business’ account.

The simple trade option has a straightforward design that’s easy to use. Advanced trading offers more features, including charts, a live order book, and limit orders. Coinbase’s basic platform has an extremely complex fee structure for beginners. With fees based on a mix of trader location, payment method, order size and market conditions, it’s difficult for https://www.tokenexus.com/hitbtc-review/ users on the barebones platform to calculate what they might pay before they trade. Again, like most of the other cryptocurrency wallets I reviewed, downloading and setting up Coinbase Wallet is relatively simple. Just click the appropriate App Store for your mobile device, download the application, and set up an initial account by using basic information.

Coinbase Pro Review and Beginner’s Guide (

Though crypto trading is the primary way to earn money through the company, you’ll also have a few more options. Finally, Coinbase is also now allowing US customers to directly deposit any amount of their paychecks into their accounts in crypto or USD. This includes the option to get paid in crypto (this feature enables Coinbase to convert your paycheck from USD to crypto without any transaction fees).

NerdWallet, Inc. is an independent publisher and comparison service, not an investment advisor. Its articles, interactive tools and other content are provided to you for free, as self-help tools and for informational purposes only. NerdWallet does not and cannot guarantee the accuracy or applicability of any information in regard to your individual circumstances. Examples are hypothetical, and we encourage you to seek personalized advice from qualified professionals regarding specific investment issues. Our estimates are based on past market performance, and past performance is not a guarantee of future performance.

Coinbase Regulation

Giving your Social Security number (SSN) to Coinbase is generally safe. It is one of the most well-known cryptocurrency trading platforms, using leading security practices to protect users’ accounts. However, it’s not entirely without risk of hacking, and only you can decide if you wish to proceed. You can access Coinbase via its website and the Coinbase exchange app, available on the Apple App and Google Play Store for users who prefer to trade on the go. To start using Coinbase, you have to link your bank account to complete your account setup.