Founder of EasyJet introduces EasyBitcoin, promising ultra-low fees, in direct competition with Coinbase and Kraken.

In a move that could shake up the crypto market, Stelios Haji-Ioannou, the founder of EasyGroup, has launched EasyBitcoin - a new app aimed at disrupting the current landscape. The exact start date of the app, which is being introduced this month, is yet to be specified.

EasyBitcoin's goal is to make Bitcoin trading accessible to everyone and to lower trading fees, a significant factor in the often costly world of cryptocurrency. To attract new users, EasyBitcoin offers a 1% welcome bonus and a 4.5% annual yield on dollar balances, conditions permitting.

The launch of EasyBitcoin comes at a time when the crypto market is already saturated, with numerous platforms vying for users' attention. One such competitor is Pionex, a platform that charges 0.05% per transaction and offers trading robots to reduce costs and optimize purchases. Pionex remains an excellent option for crypto trading with ultra-low fees and automated robots like the DCA (Dollar Cost Averaging) robots, which automatically buy Bitcoin at regular intervals, and the Grid Trading robot, which takes advantage of Bitcoin's fluctuations to automatically buy low and sell high.

As EasyBitcoin enters the market, it's worth noting that Bitcoin reached a high of $124,128 in August before dropping. Trade tensions and political factors, such as Trump's pro-crypto policies, have also played a role in the market's performance. However, recent developments suggest that trade tensions are cooling down, which could potentially boost the market.

The introduction of EasyBitcoin this month should be closely monitored for real fees comparison. Crypto fees vary greatly depending on the platform. For instance, Coinbase charges between 0.6% and 1.5% per transaction, while Kraken charges 0.16% to 0.26% for big traders. With EasyBitcoin's focus on lowering fees, it could potentially hurt competitors like Coinbase.

For those considering EasyBitcoin, it's suggested to start with Pionex and test the DCA robot with 50€/week on Bitcoin. This could provide a useful benchmark for comparing the two platforms' performance and fees.

EasyBitcoin is partnering with Uphold, a regulated exchange, to offer its services. As the market continues to evolve, it will be interesting to see how EasyBitcoin fares in the competitive crypto landscape and whether it can deliver on its promise of making Bitcoin trading more accessible and affordable for all.