Can I earn Bitcoin on Vimba?
For each friend you refer, you both get $20 of Bitcoin. There is no limit to the amount of referrals you can have and it is super easy to get started.
What is KYC?
Our Know your customer (KYC) process is our way of verifying your identity. This is a required to protect both our customers and Vimba from fraudulent activities on the platform. You can learn more about KYC here.
What services do you offer?
At Vimba we have three key offerings, Buying, Selling and Automatic Investing. You can buy up to $2000 of Bitcoin and Ethereum instantly every month. You can automatically invest into Bitcoin and Ethereum weekly with regular bank payments. And you can sell any amount of crypto you have bought through us.
What is dollar cost averaging?
Dollar Cost Averaging (also known as DCA) is a simple but effective investment strategy that involves making a series of small, recurring investments over a long period of time. DCA is an excellent investment strategy for volatile investments such as cryptocurrencies. You can learn more about dollar cost averaging here.
What is a Bitcoin or Ethereum Wallet?
A digital wallet is where you store your Bitcoin and Ethereum. There are different types - you can store your Crypto online, on your computer, or offline. If you are just getting started we’ve recommend Blockchain.com. If you already have some Crypto or want an additional level of security we recommend the Trezor hardware wallet.
Who can use Vimba?
Vimba is open to all residents over the age of 18 in the U.K, E.U and NZ.
What countries do you operate in?
You can buy, sell and save Bitcoin in the UK and New Zealand. In European Union you can automatically save Bitcoin and we're looking to expand our services soon.
Will my money be safe in Bitcoin?
As with any investment there are risks. We advise all Vimba users to only invest a manageable amount when they can. Bitcoin can be volatile, which is why we mitigate risks for our customers by enabling a dollar cost averaging strategy, through our savings service.
Can I quickly sell any Bitcoin that I buy?
Yes. You can sell back any of the Bitcoin or Ethereum you have bought via Vimba instantly.
How can I learn more about cryptocurrencies?
Our knowledge base features more in-depth information on Bitcoin and Ethereum. If you have any questions that we haven’t answered please shoot over an email or drop us a message on any one of our social media accounts.
How can I recover my wallet password?
Recovering your wallet password couldn't be easier. All you need to do is reset your Vimba password and upload your recovery kit.
Didn't find your answer and want to learn more? Visit our Knowledgebase