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Topic: BTC wallet with interest? (Read 4678 times)

legendary
Activity: 1946
Merit: 1427
March 05, 2017, 07:30:05 AM
#64
Sorry if this is already asked by some1,
as I rmb I heard of this before, but dunno is it just a scam...

is there any BTC wallet there will provide you interest?
 Roll Eyes Roll Eyes Roll Eyes

There are wallets that generate interest but it is very small like under 6% a year so pretty much what a bank would give you but a bank would charge you bs fees. It is legit in the way it is a stable and doable investment and they let you know where the money comes from ot is totally legit. But !! The problem is you dont actually own your own coins when using an online wallet. You only truelly own them when you own the keys and wallet.DAT file so they could run one day. I'm not saying they will but you dont known that. I'm not sure what re coarse you could get if they ran.

Your bank gives you 6% interest annually? Please link me your bank, thats 5x as much as any bank i know. Are u sure about that? Also what has security to do with a service such as poloniex giving interest?
hero member
Activity: 966
Merit: 535
March 01, 2017, 08:42:07 PM
#63
Sorry if this is already asked by some1,
as I rmb I heard of this before, but dunno is it just a scam...

is there any BTC wallet there will provide you interest?
 Roll Eyes Roll Eyes Roll Eyes

There are wallets that generate interest but it is very small like under 6% a year so pretty much what a bank would give you but a bank would charge you bs fees. It is legit in the way it is a stable and doable investment and they let you know where the money comes from ot is totally legit. But !! The problem is you dont actually own your own coins when using an online wallet. You only truelly own them when you own the keys and wallet.DAT file so they could run one day. I'm not saying they will but you dont known that. I'm not sure what re coarse you could get if they ran.
member
Activity: 84
Merit: 10
Entrepreneur
February 15, 2017, 12:07:19 PM
#62
I use poloniex. You can get interest on your bitcoin safetly on their lending section.

Its not so much but its save money for you.
sr. member
Activity: 406
Merit: 252
Veni, Vidi, Vici
February 15, 2017, 10:13:42 AM
#61

--snip--

Trusted wallets lick electrum, bitcoincore, blockchain and etc are providing interest to have bitcoin in your wallet. I have heard small wallet companies providing but its not seems like trusted source these kind interest providing companies involves in many ponzi schemes.

Really? electrum, bitcoincore and blockchain.info will give me interest? What is the way because I already use two of them!
full member
Activity: 126
Merit: 100
February 15, 2017, 03:23:29 AM
#60
Try poloniex
newbie
Activity: 3
Merit: 0
February 12, 2017, 04:27:46 PM
#59
Sorry if this is already asked by some1,
as I rmb I heard of this before, but dunno is it just a scam...

is there any BTC wallet there will provide you interest?
 Roll Eyes Roll Eyes Roll Eyes

Some exchanges provide you interest because they can work with the money or other users need it for margin trading.
I advise you to be careful if you find a wallet that gives you interest (mostly smaller wallet providers) or give it a try with just a few Bitcoins to start/test.
hero member
Activity: 1694
Merit: 516
February 09, 2017, 12:19:59 PM
#58
Sorry if this is already asked by some1,
as I rmb I heard of this before, but dunno is it just a scam...

is there any BTC wallet there will provide you interest?
 Roll Eyes Roll Eyes Roll Eyes

I would be careful when looking at wallet with interest. When choosing a wallet I am more interest in the security of my bitcoins than returns.

For the company to offer you interest on you coins they need to investment themself, making it more risky than just storing your coins. Better to do some research and invest them yourself in my opinion.

legendary
Activity: 2296
Merit: 1014
February 08, 2017, 11:43:21 AM
#57
Quote
BTC wallet with interest?
From design its a scam, because it require someone else to have access to your funds.
I mean, he can give you interest rate, because he can use your bitcoins to invest and hope for big return, then give you some back for that.
That is too risky to trust anyone.
sr. member
Activity: 462
Merit: 250
February 08, 2017, 10:22:21 AM
#56
Sorry if this is already asked by some1,
as I rmb I heard of this before, but dunno is it just a scam...

is there any BTC wallet there will provide you interest?
 Roll Eyes Roll Eyes Roll Eyes
You can Find Many Bitcoin Wallets That are Providing Interest On your Bitcoins But I Don't Trust that Type Of Bitcoin Wallets Because they Can Scam your when they got a Bigger Deposits From their Wallet Users....
I Also Suggest you to Don't Use that Type of Wallets Just Use Wallets Like Blockchain and Coinbase that are Safest to Store your Bitcoins....

Trusted wallets lick electrum, bitcoincore, blockchain and etc are providing interest to have bitcoin in your wallet. I have heard small wallet companies providing but its not seems like trusted source these kind interest providing companies involves in many ponzi schemes.
sr. member
Activity: 322
Merit: 250
February 08, 2017, 03:15:20 AM
#55
Sorry if this is already asked by some1,
as I rmb I heard of this before, but dunno is it just a scam...

is there any BTC wallet there will provide you interest?
 Roll Eyes Roll Eyes Roll Eyes
You can Find Many Bitcoin Wallets That are Providing Interest On your Bitcoins But I Don't Trust that Type Of Bitcoin Wallets Because they Can Scam your when they got a Bigger Deposits From their Wallet Users....
I Also Suggest you to Don't Use that Type of Wallets Just Use Wallets Like Blockchain and Coinbase that are Safest to Store your Bitcoins....
legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
January 25, 2017, 03:38:17 AM
#54
It would be good to have a Bitcoin wallet that give interest, but I don't think there is any out there that is 100% safe
It wouldn't be good at all for bitcoin if wallets offering interest started popping up because within a year we would be going down the same downwards spiral as fiat is.
You see to offer interest on customers money bank are lending your money to other people, would you let your bitcoin wallet provider lend your bitcoins out to another user?

Bitcoin is about taking control of your own money back and if the wallet you store btc in lends it out to someone you don't know then you have lost all control over your money/bitcoins.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
January 24, 2017, 04:09:07 AM
#53
It would be good to have a Bitcoin wallet that give interest, but I don't think there is any out there that is 100% safe

As quoted it will be good but if such a service is provided by the wallet providers soon lot people starts using bitcoin. But such thing is not possible, because it affects the profiting of wallet service providers.
member
Activity: 112
Merit: 10
January 24, 2017, 01:52:27 AM
#52
It would be good to have a Bitcoin wallet that give interest, but I don't think there is any out there that is 100% safe
legendary
Activity: 3136
Merit: 1233
Top Crypto Casino
January 23, 2017, 05:00:30 PM
#51
Sorry if this is already asked by some1,
as I rmb I heard of this before, but dunno is it just a scam...

is there any BTC wallet there will provide you interest?
 Roll Eyes Roll Eyes Roll Eyes

you try to look at the following link, this may be very helpful there who are still newbie ..

https://www.youtube.com/watch?v=40euNfWpXB8

https://www.youtube.com/watch?v=yGxRayvAQvk

I think it helps you to those who are still newbie
Those are not even in english.
They are in indonesian.
And that is for bitfinex trading. Not really what the guy was asking for. Roll Eyes

I know of a bitcoin wallet that offers interest on how much you have held in your wallet.
Pm me for details.
sr. member
Activity: 490
Merit: 250
January 21, 2017, 12:04:51 PM
#50
Sorry if this is already asked by some1,
as I rmb I heard of this before, but dunno is it just a scam...

is there any BTC wallet there will provide you interest?
 Roll Eyes Roll Eyes Roll Eyes

you try to look at the following link, this may be very helpful there who are still newbie ..

https://www.youtube.com/watch?v=40euNfWpXB8

https://www.youtube.com/watch?v=yGxRayvAQvk

I think it helps you to those who are still newbie
hero member
Activity: 728
Merit: 500
EtherSphere - Social Games
January 10, 2017, 04:25:50 PM
#49
There is this one which offers 2.35% on BTC deposits
https://magnr.com/

Other related sites are
https://www.facebook.com/HelloMagnr/

https://twitter.com/magnr

They seem a solid company but you never know in the crypto world.
Do your own research before investing
It does seem that they have reduced their rate of interest by a percent and a bit because of the increase of bitcoin price but from now
Magnr claims to give 1.28% interest on your bitcoins being held within your member account with them. So as an example they say you get 0.128btc over a year if you hold 10 bitcoin with them.
It doesn't seem like a lot but to the ones that put in more than 50 btc that is quite a bit but that is a year of holding it in that wallet so that is a long time to put trust in a company these days to even know if they will be around in that amount of time. Undecided
hero member
Activity: 1568
Merit: 502
January 10, 2017, 12:24:32 PM
#48
Sorry if this is already asked by some1,
as I rmb I heard of this before, but dunno is it just a scam...

is there any BTC wallet there will provide you interest?
 Roll Eyes Roll Eyes Roll Eyes

Actually interest on your coins staked within wallet is counted under PoS (Proof of Stake) concept. Such coins are based on various algorithm which offer certain percentage to user who shows proof of stake by holding certain coin within wallet.

But for such coins user needs own desktop client wallet. It may be of any platform. But staking can give certain amount of coins to user after certain period of staking.
full member
Activity: 303
Merit: 112
November 29, 2016, 12:54:59 PM
#47
Try lending poloniex. It's not "bitcoin" interest, but you could lend bitcoin and receive interests, with poloniex.

yes its work for me too and i am trying with small amount like 0.01 btc, and i don't really care about how much the rate, i only lending it into traders. and after i lending so far, i think i make 0.013 but i don't remember when the first time i am start to make lending of my bitcoin. you can try it if you want.

Did you have earned 300.000 sat profit? After how much time did you got this profit?
And do they pay interest in altcoins or bitcoins? If they pay in altcoins it's dangerous, no?
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
November 29, 2016, 10:44:35 AM
#46
Try lending poloniex. It's not "bitcoin" interest, but you could lend bitcoin and receive interests, with poloniex.

yes its work for me too and i am trying with small amount like 0.01 btc, and i don't really care about how much the rate, i only lending it into traders. and after i lending so far, i think i make 0.013 but i don't remember when the first time i am start to make lending of my bitcoin. you can try it if you want.
full member
Activity: 162
Merit: 100
November 28, 2016, 03:03:54 PM
#45
Not possible with Bitcoin since it uses Proof of Work.

Should they in any manner provide you with interest, that would mean that they are using your Bitcoins, and like another poster in this thread, would you really trust strangers with your money that aren't landed?
(E.G: You don't really know where they are, so if they scam you, you can't really do much).

Its most likely a scam, even if its a long-term one.
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