Post
Topic
Board Bitcoin Discussion
Re: Saving bitcoins
by
Haxor321
on 28/06/2017, 02:44:48 UTC
If I decided to save bitcoins in bank, how will deposit rate be changed compared to dollar or other currencies? Will it have much lower percent?

Its sad to say but there are no bitcoin banks existing online. If you want to earn then just hold your bitcoins in your wallet and wait for an inflation. That way you will get more profit out of your investment. The only way to  save in banks is to convert your bitcoin into fiat currency and then deposit it on banks. But holding bitcoin is much profitable than savings on bank.
Yes, I agree that there is still no bank who accepts bitcoin. In addition to that, I think if there is banks who accept bitcoin I guess they can’t handle it fully because bitcoin doesn’t have value and the price is always change. Lastly, I hope in the near future that there will be a bank who totally accepts bitcoin as a deposit of their costumer.