Post
Topic
Board Bitcoin Discussion
Re: Bitcoin savings account?
by
charlescoin
on 03/07/2017, 08:35:27 UTC
Is there any upcoming project that would act like a bitcoin savings account?

I deposit to poloniex then lend my bitcoins using their virtually risk free lending portal, I get good interest on all my bitcoin savings there.

Is it profitable?

https://poloniex.com/lending#BTC
Here you see the current rates.

Those are the daily rates (!) so you can easily get 30% per year or more.

The rates jump up often, I've seen it above 1%/day at really speculative times. I would bet its possible to do much better than 30% per year.