River
River is a financial platform that enables instant buying and selling of Bitcoin, earning 3.30% interest on cash (paid in Bitcoin), and zero-fee recurring buys. It offers FDIC-insured cash accounts, full-reserve custody with Proof of Reserves, and U.S.-based client support.
Key facts
What is River?
Build wealth with bitcoin, in one secure platform, by combining Bitcoin investing, banking, and recurring buys with industry-leading transparency.
Who is River best for?
Individuals, businesses, private clients
What are its main limitations?
- Bitcoin holdings are not FDIC insured and may lose value
- Interest rate of 3.30% is subject to change
- Not available in all states
- Fees may apply to certain transactions (not detailed)
Limitations are based on product materials or editorial synthesis; confirm on the official site.
When was this information verified?
July 16, 2026
Sources
- Official homepageofficial homepage · Jul 16, 2026
- Official pricingofficial pricing · Jul 16, 2026
Key features
- ✓Buy and sell Bitcoin instantly
- ✓Earn 3.30% on cash, paid in Bitcoin (via Lead Bank, FDIC insured up to $250,000)
- ✓Zero-fee recurring buys
- ✓Proof of Reserves for full-reserve custody transparency
- ✓Send and receive Bitcoin instantly
- ✓Replace checking/savings accounts with Bitcoin banking
- ✓FDIC insurance on cash deposits
- ✓U.S.-based customer support team
Use cases
- →Long-term Bitcoin investing with instant purchases
- →Earning Bitcoin interest on idle cash instead of fiat interest
- →Automated dollar-cost averaging via zero-fee recurring buys
- →Storing and transferring Bitcoin securely with full-reserve custody
- →Using Bitcoin as a primary banking account for daily transactions
Pros
- +4.9 ★ rating on the App Store
- +Zero-fee recurring buys for automated investing
- +FDIC-insured cash deposits up to $250,000
- +Proof of Reserves ensures transparency on Bitcoin custody
- +U.S.-based team provides responsive support
Cons
- −Bitcoin holdings are not FDIC insured and may lose value
- −Interest rate of 3.30% is subject to change
- −Not available in all states
- −Fees may apply to certain transactions (not detailed)
Positioning
- Core value: Build wealth with bitcoin, in one secure platform, by combining Bitcoin investing, banking, and recurring buys with industry-leading transparency.
- Ideal for: Individuals, businesses, private clients
- Product type: Web app, iOS app, Android app
Frequently asked questions
What is River?
River is a platform for buying, selling, and earning Bitcoin with banking features, including FDIC-insured cash accounts and full-reserve custody.
How does Bitcoin Interest on Cash work?
River pays 3.30% annual interest on USD cash deposited at Lead Bank (Member FDIC). Interest is paid in Bitcoin (or optionally USD) and is subject to change. Not available in all states.
Is River a bank?
No, River is not a bank. USD funds are held by Lead Bank, which is FDIC-insured. River provides Bitcoin custody and trading services.
Are there any fees?
Zero-fee recurring buys are offered. However, the disclosure states 'Fees may apply' for other transactions; specific fee details are not provided in the text.
Is my Bitcoin insured?
Bitcoin is not FDIC insured and may lose value. River offers Proof of Reserves to demonstrate full-reserve custody, but does not insure Bitcoin against theft or fraud.
How do I get started?
You can sign up via the River website and download the iOS or Android app to start buying Bitcoin instantly.