Get to Know Your Bitcoin Account
We have partnered with NYDIG* to allow you the chance to have your very own Bitcoin account through the ICCU mobile app. This account allows users to receive, hold, and send bitcoin in a matter of seconds. It’s simple and easy to access right on your mobile devices.
How to Access Your Bitcoin Account
Step 1: Find Crypto Widget
Open up the ICCU mobile app. Find your widgets by either selecting “More” in the bottom right of the screen for Apple users, or the three horizontal lines in the top left corner of the app for Android users.
Step 2: Agree to Terms & Conditions
If this is your first time accessing your Bitcoin account, read about the features offered, and agree to the terms and conditions.
Step 3: View Bitcoin Account
Voilà! You’ve now accessed your Bitcoin account. You can buy, save, or sell bitcoin all while viewing your current balance.
How to Buy Bitcoin
Step 1: Click “Buy Bitcoin”
Navigate to the Crypto Widget and access your Bitcoin acount. Once you are in, select “Buy Bitcoin.”
Step 2: Enter Desired Amount
Enter in the dollar amount you want to purchase and from which ICCU account the transaction will take place. ICCU has a $10 minimum transfer for this service.
Step 3: Confirm your Purchase
You will be shown a purchase summary. If everything looks correct you can then proceed by clicking “Buy Bitcoin,” or you can modify your purchase as needed.
How to Sell Bitcoin
Step 1: Click “Sell Bitcoin”
Navigate to the Crypto Widget and access your Bitcoin account. Once you are in, select “Sell Bitcoin” next to the “Buy Bitcoin” button.
Step 2: Enter Desired Amount
Enter in the dollar amount you want to sell or select “Sell all”.
Step 3: Confirm your Sell
You will be shown a summary of your transaction and payout. Select the account you want your money deposited into, then click “Sell Bitcoin”
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*Bitcoin execution and custody services are provided by NYDIG Execution LLC (“NYDIG”). NYDIG is authorized by the New York State Department of Financial Services to engage in virtual currency business activity. To receive bitcoin services you must open an account with NYDIG in which your bitcoin will be held (the “NYDIG Account”). Please refer to NYDIG’s Terms and Conditions for more information, including applicable eligibility criteria.
Bitcoin balances in your NYDIG Account are not insured by the Federal Deposit Insurance Corporation (FDIC), National Credit Union Share Insurance Fund (NCUSIF), the Securities Investor Protection Corporation (SIPC), or any other public or private insurer; are not deposits or obligations of Idaho Central Credit Union (ICCU); are not guaranteed by ICCU; may have associated fees; and may not allow member recourse.
NYDIG does not make any recommendations regarding buying or selling bitcoin. There are risks associated with bitcoin trading, which may be heavily speculative and volatile including possible loss of value. See Terms.