Swan Bitcoin review
Swan Bitcoin is built for one job and does it well: automated bitcoin saving in the US, with fees around 0.99 percent, a bitcoin-only focus, and recurring buys that can sweep straight to your own wallet.
Founded in 2019 by Cory Klippsten, Swan leads with the recurring plan: connect a bank account, set a daily, weekly or monthly buy, and optionally have Swan withdraw the accumulated bitcoin to an address you control automatically. Fees run about 0.99 percent per purchase. Beyond the app, Swan runs retirement products (a Bitcoin IRA) and an unusually deep free education arm, from beginner guides to long-form research.
The trade-offs mirror River's. This is a savings tool, not an exchange, so there is no trading engine or altcoin list; the focus is US customers; and 0.99 percent per buy is more than a pro exchange would charge, which is the price of the automation and education wrapped around it.
- Founded
- 2019
- Fees
- About 0.99 percent per purchase, with recurring buys as the core product.
- KYC
- Required
- Payment methods
- Bank transfer (ACH), Wire transfer
- Status
- Operating
Pros and cons
What works
- Recurring buys can automatically withdraw to a wallet you control
- Flat, understandable pricing around 0.99 percent per purchase
- Bitcoin IRA products for holding bitcoin in US retirement accounts
- Free education library that is genuinely useful for beginners
What to watch
- About 0.99 percent per buy costs more than trading on a pro exchange
- A savings tool, not an exchange: no trading features or price orders
- Primarily serves US customers
Fees in detail
- spread note
- Pricing is a straightforward per-purchase fee of about 0.99 percent rather than maker and taker tiers.
- withdrawal note
- Automatic and manual withdrawals to self-custody are supported.
Where we recommend Swan Bitcoin
Countries where Swan Bitcoin ranks in our local guide. Availability beyond these is possible but unverified by us.
Frequently asked questions
What are Swan Bitcoin's fees?
Purchases cost about 0.99 percent. Check the current schedule on Swan's site before setting up a plan, since rates can change.
Is Swan Bitcoin only for Americans?
The product is built around US bank connections and US retirement accounts, so the US is its core market. Check availability for your country on Swan's site.
Can Swan send my bitcoin to my own wallet?
Yes. You can set automatic withdrawals so recurring buys sweep to an address you control, which removes most custodial risk over time.
Does Swan offer a Bitcoin IRA?
Yes. Swan offers retirement products that let Americans hold bitcoin in tax-advantaged IRA structures.