River Financial

Money, as we know it, is being replaced by cryptocurrency. As cryptocurrency continues to shape the future of money, many believe Bitcoin will become the most dominant of the lot. And that is precisely what Alexander Leishman, founder of River Financial, believes. River Financial is a Bitcoin-only financial institution that specializes in buying and selling Bitcoin. More than an exchange, River Financial is a platform for long-term investors looking to invest in Bitcoin.  

River Financial is not your ordinary crypto exchange. It’s a Bitcoin financial institution that operates like a conventional bank that caters to Bitcoin investors—especially the more experienced and serious investors. At River Financial, you enjoy all the services you would with a traditional bank, including phone calls with staff. They have found a niche with their “Bitcoin for Boomers” proposition, and many of their customers are high-net-worth individuals. They provide a premium Bitcoin investing experience for users. Their superior customer service, investment tools, and cutting-edge Bitcoin technology set them apart. Also, River acts as a custodian, where they control and hold the Bitcoin on behalf of their clients, preventing any misappropriation, theft, or loss. In addition to brokerage services, they provide custody services if you are not comfortable managing digital assets on your own.      

Other exchanges lay so much emphasis on being multi-functional, that they often turn out to be confusing or at worst, disappointing. River Financial has its eyes solely set on Bitcoin. By avoiding all other cryptocurrencies and trading options, River is helping speed up the process for Bitcoin adoption. Rather than encouraging active trading like Coinbase or Greyscale, River focuses on what is best for its users in the long term and provides long-term investment opportunities. They are committed to close the gap between traditional finance and Bitcoin, while helping their community grow its wealth. They also offer traditional banking products like joint accounts, IRAs, tax-advantaged accounts and so on.

Bitcoin-only Financial Institution: River Financial is a platform focused solely on helping people invest in Bitcoin and Bitcoin alone.  

Custodial service: Being a financial institution, River Financial offers custodial services where they will hold your Bitcoin for safekeeping. This helps minimize the risk of any misappropriation of your crypto assets.

Pushing Bitcoin Forward: River Financial provides access to cutting edge Bitcoin technology, like Lightning Network, Segwit, payment batching and PSBT-based infrastructure.

Recurring Buy Orders: Through River Financial, you can buy Bitcoin automatically by scheduling recurring orders. This strategy has the potential to save up to 20% on fees.

Performance Tracking: Continuous monitoring of your Bitcoin investment is made possible through the River Financial’s Performance Tracking Tool.

Easy Deposit and Withdraw of Bitcoin: You can carry out quick and easy Bitcoin deposits or withdrawals thanks to the lightning network.

Human Support: River Financial offers an old school customer service where you can call or chat directly with a Client Services Representative - which means no robots.

Tax Optimization: River is the only brokerage that saves you time and money with tax reporting and optimization tools built-in.

Mobile Bitcoin Purchases: Buy, sell, and track Bitcoin with River Financial's iPhone app.

Licensed & Insured: River is licensed by state and federal regulators. USD cash balances on the platform are FDIC insured up to $250,000.

Entity Accounts Made Easy: Easily open accounts and buy Bitcoin for yourself, LLCs, trusts, and other entities through a single unified interface.

Fees are charged depending on the order size. Fees may be a flat rate or percentage based on the order size. There is a $100 minimum for buy orders and a $10 minimum for sell orders.

River Financial also offers a 20% discount on fees for Recurring Buy Orders.

“This is a company that has a good mission and good company culture, and they tirelessly work on their mission of supporting a non-centralized monetary system by offering brokerage and custodial Bitcoin services.” Reference

“The to-do list, which first-and-foremost includes expanding to new states, is long and ambitious. But less than a year ago, River was still confined to the however-many lines of code Leishman had logged to set the company’s cornerstone. The confidence and drive behind the ambition to usher in a new era of bitcoin financial services is perhaps best represented in the crisp and assured assertion of its founder. ” Reference

“River Financial​ is a challenger financial institution specializing in Bitcoin financial services. River Financial’s flagship product, a Bitcoin brokerage, provides retail investors with a high-touch platform to buy and sell Bitcoin.” Reference

Concentrating exclusively on Bitcoin has helped River Financial raise the bar on security, setting new best practices within the industry. They were the Bitcoin community pioneers to embrace the lightning network, a speedier and more cost-effective payment system. River Financial acts as a Bitcoin custodian that holds your Bitcoin for safekeeping. Their Bitcoin infrastructure is physically stored in military-grade vaults, which makes unauthorized physical access near impossible.  All the users’ Bitcoin are safely stored in cold storage, requiring multiple signatures to gain access. Other security features include multi-factor authentication (MFA), layered security and bcrypt password-hashing.

• Bitcoin-only financial institution
• Provides custodial services for Bitcoin
• Operates similar to a conventional bank
• Offers traditional banking products like joint accounts, IRAs, tax-advantaged accounts and so on
• Promotes long term Bitcoin investment
• You can buy Bitcoin automatically by scheduling recurring orders