You stop
Bitcoin gets sold
The payments you have made + the proceeds from the Bitcoin determine if you get money back or not.
If you it’s higher than your plan price you get refund up to the amount you have paid in.
If it’s less you get nothing - but you also never owe anything
@dotkrueger@BTCosmonaut Really not vague at all. Simple math.
1. All payments made
+
2. Sales price of Bitcoin
If more than Plan price refund up to “All payments made”
If less no refund.
Hope it helps
@WizardzWorld@dotkrueger Not true. It’s pretty well explained on the website. You stop paying, the bitcoin is sold, if the unpaid amount is recovered from sale, you get a refund up to 100% of what you paid. Or no refund at all. It all depends on where Bitcoin is the moment you stop paying.
BTCNOW LAUNCHES “PAY-OVER-TIME” BITCOIN PURCHASES WITH 60 MONTHLY PAYMENTS
@BTCNowHQ has launched a new model allowing customers to lock in a Bitcoin purchase at today’s price while paying for it over five years.
Unlike dollar-cost averaging, the Bitcoin price is fixed when the purchase is made rather than changing with each monthly payment.
The company says:
• Payments are spread across 60 fixed monthly installments
• Bitcoin is held in trust until fully paid
• BitGo provides custody
• There are no margin calls or forced liquidations from BTC price declines
• A U.S.-wide rollout is planned over the coming months
The model effectively brings “buy now, pay later” financing to Bitcoin, allowing customers to secure BTC upfront without paying the full purchase amount on day one.
Bitcoin gets a pay-over-time option! 💰
@BTCNowHQ has launched a model that lets customers purchase BTC upfront & spread the cost across 60 months, with the BTC held in custody provided by @BitGo.
No margin calls or liquidations tied to price moves.
👇
https://t.co/H386oZIQgG
Bitcoin on a payment plan? 🤩
@BTCNowHQ lets buyers lock in a purchase price & pay over 60 fixed monthly installments. BTC stays in trust with @BitGo custody until fully paid.
No margin calls from price drops. Ownership comes after the final payment. 👏 https://t.co/cTbWZUBqCP