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NewFinance is absolutely free for you during the beta. After the end of the beta, NewFinance remains free for all beta users. Only the blockchain fees of Bitcoin will be charged, which will not go to NewFinance. However, we would like to abolish these fees with the introduction of the Lightning network.
Your money is safely stored on the Bitcoin blockchain. Only you have access to it locally encrypted on your smartphone. Our MPC encryption technology protects your access. If you lose your smartphone, your access is protected by a backup.
