Thanks for the inputs.
Everyone of them bears a risk of course. It is impossible to quantify the probability of default.
But it is much higher than for the fiat banking sector.
I just feel that dormant bitcoins should be put at work. It would be great to loan for collateral but this also isn't perfect due to to bitcoin's volatility.
A good intentioned borrower could be in difficulty if btc's price quintuples. His collateral most likely woulnd't suffice to entice him in returning it. A loss for the lender.
The ideal would be to loan with a collateral at tenfold btc's value. But no borrower will agree to that. The lender then becomes the weak link in the transaction, an unscrupulous lender will just keep the collateral.
A catch-22 situation.
Topic: Reputable place to deposit BTC with interest (Read 781 times)
I haven't had any experience investing into Chinese wallets. Anyone tried these?
Me neither, but if I had to pick one, I'd go with Huobi
As always, do your own research though!
Like what?
You guys really need to do more research lol
Delta-Financial
HaoBTC
Huobi
Just to name a few...
I haven't had any experience investing into Chinese wallets. Anyone tried these?
Like what?
You guys really need to do more research lol
Delta-Financial
HaoBTC
Huobi
Just to name a few...
Why not use an interest-bearing wallet from a large company? There are several options out there
Like what?
Why not use an interest-bearing wallet from a large company? There are several options out there
Bitfinex, BTCjam or Bitbond could give you big interest
Or you could loan your bitcoin with interest rate
Or you could loan your bitcoin with interest rate
I do not think he s searching a place to lend coins. He just wants to have some form of BTC savings account, risk free saving and earning interest.
Risk free is almost not existent. The best someone can work out is a low risk investment; but, it still require regular monitoring since even the lowest risk investment may involve a tiny risk of losing BTC. The key to reduce risks is to diversify investments by avoid to put all eggs (BTC) in the same basket. So put some BTC in a platform like Bitbond or BTCjam...others in offering loans in bitcointalk.org Lending board, etc.
I go with BitShares BitUSD for interest.
info: http://whatisbitusd.com/
Some features:
► Earns Interest - currently 5.61% APR (https://bitsharesblocks.com/assets/market + https://bitsharesblocks.com/asset/orderbook?asset=USD)
► No Counterparty Risk
► Blockchain Secure
BitUSD is a BitShares.org Asset.
If you want to test BitShares, I run a giveaway here: https://bitsharestalk.org/index.php/topic,14780.0.html
info: http://whatisbitusd.com/
Some features:
► Earns Interest - currently 5.61% APR (https://bitsharesblocks.com/assets/market + https://bitsharesblocks.com/asset/orderbook?asset=USD)
► No Counterparty Risk
► Blockchain Secure
BitUSD is a BitShares.org Asset.
If you want to test BitShares, I run a giveaway here: https://bitsharestalk.org/index.php/topic,14780.0.html
Bitfinex, BTCjam or Bitbond could give you big interest
Or you could loan your bitcoin with interest rate
Or you could loan your bitcoin with interest rate
I do not think he s searching a place to lend coins. He just wants to have some form of BTC savings account, risk free saving and earning interest.
PACMIC would be the safest option I know of. It ll get you about 22% a year.
Let me know if you need more help with it.
Let me know if you need more help with it.
There are some places https://bitcointalksearch.org/topic/updated-choices-for-earning-btc-interest-774359
Try BTCjam.com and then fund people with like A+ credit rating. You might only get like .3% APR
Don't go for BTCjam. I would just lurk on this forum and find some people with a valid collateral to lend. Try BTCjam.com and then fund people with like A+ credit rating. You might only get like .3% APR
I would suggest Bitbond.com, instead. Probably, if you are funding only A-rated loans from borrowers with a SEPA wire transfer as an ID check, You should be safe enough.
Bitbond's thread @bitcointalk.org: https://bitcointalk.org/index.php?topic=248441.0;all
Your best bet will probably be bitfinex via their swaps program. You are essentially lending your BTC to their users for margin loans and your money is tied up for a certain length of time, however the loan is guaranteed by bitfinex.
The interest rate is not very good by historical standards, generally only around ~6% per year or so.
The interest rate is not very good by historical standards, generally only around ~6% per year or so.
Try BTCjam.com and then fund people with like A+ credit rating. You might only get like .3% APR
BTCjam is full of scammers and is not recommended under any circumstances
Try BTCjam.com and then fund people with like A+ credit rating. You might only get like .3% APR
Dear all.
Does anybody know a place to deposit btc for interest.
It doesn't have to be at a ridiculous percentage.
Safety and stability of the operator is what counts.
Thanks.
Jump to: