Bitcoin Made Easy
Already a leader in online, mobile, and digital banking, Idaho Central’s partnership with NYDIG* allows ICCU members to buy and sell bitcoin within the ICCU mobile app. Through the app, members can now take advantage of cutting-edge Bitcoin products and solutions-including the ability to buy, hold, sell, and manage bitcoin alongside traditional accounts via a secure, regulated, modular platform that offers a wide range of use cases.
If you’re already an ICCU member, simply log into the ICCU mobile app to access Crypto, or download the app today:
Not an ICCU member yet? Join today!
*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.
Get to Know Bitcoin
As one of the world’s largest and most recognized forms of digital currency, bitcoin allows for secure peer-to-peer transactions on the internet without the need of an intermediary (financial institution). It was officially launched in 2009 and has continued to grow over the years as an open-source monetary system – that is, a system for storing and transmitting an asset of value whose underlying code is fully open to the public.
Here at Idaho Central, along with NYDIG, we have simplified bitcoin concepts in order for you to feel comfortable beginning your digital currency journey with our ultimate guide to the Bitcoin network.
Using Bitcoin on Your Mobile Devices
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.
- Log into your ICCU mobile app.
- Locate 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, and select the Crypto widget.
- Accept all the terms and conditions.
- Voilà! You can now buy, save, or sell bitcoin all while viewing your current Bitcoin account balance.
If you’re already an ICCU member, simply log into the ICCU mobile app to access Crypto, or download the app today:
Not an ICCU member yet? Join today!
General FAQs of Bitcoin
We’ve partnered with NYDIG to compile the most frequently asked questions in simple, easy to understand terms so you can feel like an expert when it comes buying, selling, and managing Bitcoin.
- Bitcoin Fundamentals
- Bitcoin Transactions
- Bitcoin as a Open Source Monetary System
- Bitcoin Mining
- Other Digital Assets
- Regulatory, Business and Future Considerations
Take it from us, jumping into the world of digital currency has never been easier!
