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2026-08-19 21:36:21 UTC

learnaboutbit on Nostr: New video! YouTube link ⬇️ Is River a good place to buy Bitcoin? In this video, I ...

New video!

YouTube link ⬇️
https://youtu.be/FDLak2hGmfE

Is River a good place to buy Bitcoin? In this video, I review River, a Bitcoin banking platform built around sound money principles, and explain why it may be a strong option for people looking to buy, sell, transfer or hold Bitcoin. Unlike a traditional bank such as JP Morgan Chase, River operates on a full-reserve model for Bitcoin custody and provides proof of reserves, allowing customers to verify that their Bitcoin deposits are held by the platform.

I also break down River’s low fees, including its 1% fee for Bitcoin purchases up to $1 million, and take a closer look at security and custody. River uses an in-house multisig cold wallet solution designed to protect customer Bitcoin, an especially important consideration following security concerns like the Coldcard wallet hack. We’ll look at the tradeoffs between using a Bitcoin custodian and self-custody, and what River’s security model brings to the table.

Finally, River offers a variety of educational resources for learning about Bitcoin, sound money, self-custody, and the broader Bitcoin ecosystem. If you’re looking for a full-reserve Bitcoin platform with proof of reserves, low fees, strong security, and educational resources, this River review will help you decide whether it’s the right place for you to buy Bitcoin.

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