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Delta Financial Offers Interest-Bearing Bitcoin Accounts

Monday 16th, June 2014 / 09:39

You can trade bitcoin to make money, but earning income by simply saving the digital currency in a risk-free account hasn’t been an option so far, since interest-bearing cryptocurrency savings accounts are rarer than hens’ teeth.

Now, though, BTCDelta – a new web service from Hong Kong- and Vancouver-based firm Delta Financial – looks set to change that.

There have been some attempts at providing no-risk growth for cryptocurrencies in the past. Some cryptocurrencies are based on ‘proof of stake’, for example, which causes coins to produce more coins, and therefore reward users for holding the digital currency, by generating more for them.

Continue reading at CoinDesk

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