I found a site bitbank.com while fiddling with domain names through boardom. It offers 12% interest on annual fixed amounts or 0.02% daily. Is this site a scam or leitimate.
I want to know of only people who have used it or can offer advice on its validity.
The website is registered by a Chinese company based in Guang Dong, China.
Bank of China prohibits any banking or financial institutions from providing any Bitcoin related services. So to answer your question, this appears illegitimate.