Bitcoin Holders Can Now Receive Daily Interest Payments On Coinbase
On January 21st, during the North American Bitcoin Conference in Miami, BSAVE announced its Bitcoin savings account for Coinbase wallet users. This new feature allows Coinbase clients to receive daily interest payments. “BSave is a very unique service. I have been part of the beta platform receiving daily interest and have been asking a lot of questions about the model. The most important question moving forward with any service like this is counterparty risk. In these early stages it is a great service with a great interface and a realistic model for generating the interest in the....
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London-based BSAVE has completed a $400,000 round of funding for seed capital and has announced a savings account for users who can directly connect it to their Coinbase wallet to store Bitcoins while earning interest payments every day for their savings. BSAVE has announced a new platform that enables users to gain savings from their bitcoins by offering a savings account. Daily interest is credited to each user's account at the end of a 24 hour period, and the savings account is also a zero-balance account, the company says, with no penalties imposed if the user wishes to withdraw his or....
Holders of these coins have a new way to get passive income. Crypto exchange Bitfinex is now offering a way for holders of three different cryptocurrencies to earn up to 6.2% annual interest.According to a Sept. 30 announcement, Bitcoin (BTC) and Ethereum (ETH) holders are now eligible to earn up to 6.2% annual percentage yield (APY) through a partnership with Celsius Network, while XRP holders can earn up to 4.91% APY. The lending platform, which currently has more than $1 billion in coins from roughly 150,000 users, said it would allow interest on the tokens to be accrued daily, with....
Following up on news from last month that noted that eBay subsidiary Braintree Payments was exploring a bitcoin integration comes the news that the payment company has partnered with San Francisco-based Coinbase. The partnership will allow Braintree's portfolio of clients to accept bitcoin on a number of different devices. According to Coinbase, "Developers at Coinbase and Braintree will be working together closely to complete the integration in the next few months." The first to announce the news was Braintree CEO Bill Ready at TechCrunch Disrupt - a popular event in the technology....
High-interest rate of crypto products has made SEC threaten to sue Coinbase. This will likely frustrate users who see the company’s offer as a practical means of earning 4% interest. The Securities and Exchange Commission SEC issued a surprising warning to sue Coinbase if they move on with their plan. Coinbase had initially announced its […]
Coinbase now accepts commerce payments in dogecoin. With the addition of the meme crypto, Coinbase Commerce now allows customers to check out and pay with seven cryptocurrencies. Coinbase Commerce Now Supports Dogecoin Coinbase Commerce is a platform by the Nasdaq-listed Coinbase that “enables merchants anywhere in the world to accept cryptocurrency payments in a fully decentralized way,” its website describes. The company announced via Twitter Wednesday: We’re now accepting commerce payments in dogecoin (DOGE). According to its website, seven cryptocurrencies are now....