Bitcoin accounts offer 3% rates in a low-interest world
Just don’t compare these to your standard savings account.
Compártelo:
2 febrero, 2021
The era of earning decent interest rates on savings may not be returning anytime soon, as the global economy struggles to recover from the
Covid-19pandemic. Yet a new crop of financial products has emerged offering eye-popping annual rates of 3% to 12%. The catch? The deposits have to be in
Bitcoinand other cryptocurrencies.
These types of incentives, once offered by a handful of crypto outfits such as BlockFi, have been proliferating as competition between exchanges heats up. With Bitcoin surging seven-fold since March and mainstream institutions embracing crypto like never before, companies are seeing an influx of new investors opening accounts.