Our Sweep Account functionality allows businesses to buy bitcoin when the balance of their bank account balance has exceeded a certain threshold limit.
With Sweep Accounts you can buy bitcoin without compromising on your day-to-day operational cash. All transactions are initiated at the closing of each business day (5:00pm ET).
How it works:
If the bank account balance goes:
over the cash limit - it converts excess to bitcoin.
below the minimum cash limit - it sells bitcoin to reach the minimum threshold (coming soon)
The transactions are capped at a max of $5000. You'll be able to adjust that limit in the future, and if you'd like a higher limit in the meantime please reach out to us.