River – Buy Bitcoin 4+

Extremely disappointed

A few months ago I opened an account through the River app. I did it the day I found out I could in my state. After a few months, I received an email from River stating my account was closed. I never received any details regarding why my account was closed. Was it my bad credit history??? Was it a criminal offense from 20 years ago??? No details. I’m a hard working Union Laborer, completely legit family man. I have bank accounts and retirement accounts with legit financial institutions. So I’m still puzzled as to why this happened. I thought that River was a legit legal company who is focused on Bitcoin and Bitcoin mining and focused on the Bitcoin ethos. I guess I was wrong, I feel like all the podcasts I’ve heard the CEO on are full of crap with the things they speak about. It seems to me they are not a truly “Bitcoin ethos” company. It would of been great to be able to use one app for Bitcoin investing and mining. Hopefully this isn’t just another company building a new version of traditional banking.

Developer Response ,

As a licensed money services business (MSB) and a Bitcoin brokerage, our Compliance team manually reviews all information provided by clients and has strict guidelines that we must follow. We apologize for any inconvenience that this may have caused. Please reach out to support@river.com and we can work with you to solve this issue.

Great app for buying bitcoin

The interface is super clean and easy to navigate and the fees are very low for purchasing. Plus the price given tends to be VERY close to the actual market price and generally better than what you can find on Cash app or Strike. My only complaint is they don’t allow me to set the bitcoin mining fee on withdrawal of “on chain” Bitcoin. However they do have Lightning for receiving and sending which has almost zero fees. Definitely a solid option and one of the best I’ve used and I have tested quite a few. It also is available for Hawaii residence which is a plus!

Developer Response ,

Thank you for the kind words! Please continue to reach back out to us with any feedback, as our goal is to always provide our clients with the best experience possible!

Reliable & Amazing User Experience

I have been using the River Financial website to buy Bitcoin for a while now. I switched from Coinbase because their user experience was unreliable and I didn’t feel comfortable investing my money with them. I’m so thrilled River finally released a mobile app - the app is the easiest and most intuitive financial app I’ve ever used. The UI is awesome, and it’s the only crypto app I’ve ever seen that seems legit / secure. The focus on Bitcoin is fantastic. I really couldn’t recommend this highly enough to any and all Bitcoin investors looking for a reliable, secure, and easy to use place to buy and store their coins.