On January 21st, during the North American Bitcoin Conference in Miami, BSAVE announced itsBitcoin savings account for Coinbase wallet users. This new feature allows Coinbase clients to receive daily interest payments.

1. teamsteverhyner.com http://www.teamsteverhyner.com/bitcoin-holders-can-now-receive-daily-interest-payments-on-coinbase/
Steven L.
Rhyner
Bitcoin Holders Can Now Receive Daily Interest Payments On
Coinbase
On January 21st, during the North American Bitcoin Conference in Miami, BSAVE announced itsBitcoin savings
account for Coinbase wallet users. This new feature allows Coinbase clients to receive daily interest payments.
“BSave is a very unique service. I have been part of the beta platform receiving daily interest and have been asking a
lot of questions about the model. The most important question moving forward with any service like this is
counterparty risk. In these early stages it is a great service with a great interface and a realistic model for generating
the interest in the background. Their big challenge now will be winning trust as deposits grow and building a
transparency model to audit deposits with the Blockchain similar to what UpholdCT r: 76 has built”,
saidBnkToTheFuture Co-Founder and Bitcoin Capital Fund Manager Simon Dixon.

2. The North American Bitcoin Conference focuses on the latest innovations and also provides an important access to
the people and technologies that are redefining the world of digital payments.
This is not the only service that provides interest on BitcoinCT r: 9. In fact there are many more platforms that want to
give users the same advantages you can receive from a normal bank.
Bitfinex loans
They provide a peer-to-peer market for margin trading loans. You can choose how much money you want to lend and
set your rate and then you can place your offer.
Unfortunately those loans are very short-term and the market rate varies so this option needs active maintenance to
ensure that you will be able to lend out much of your alloted capital at the best rate available.
Patrick Drugan said:
“Their rates are the core reference right now. It’s a simple job: you go to the Margin Funding tab and
move USD/BTC/LTC to that wallet, then pledge the funds at some interest rate, get the yield credited
at midnight each day.”
Joel Cano, COO at MeXBT commented:
“I believe that projects such as Bsave are the stepping stones to gain mass-adoption. You know, we
are sitting in a great technology, but if we want to succeed we need to find real financial problems and
needs from customers and integrate our technology with the legacy systems around us. I believe
savings is a great value proposition to gain new customers for Bitcoin. The real challenge for Bsave, or
any other player in the bitcoin space like us. Is to create a sustainable business model based on the
advantages of technology, but making sure we are prepared for the regulation that is coming.”
Re-posted from www.cointelegraph.com by Amelia Tomasicchio January 23, 2016

3. I’m a regular customer of Coinbase
and anxiously await
implementation of this new
features. I will allocate a portion of
my daily mining proceeds to the
interest bearing account. Well done Coinbase! (Their customer service is terrific by the way. To get a
Coinbase account click here. Warning, you have to prove who you are and it can be cumbersome. But if you
know before you start the enrollment process, it’s pretty easy. So my advise to you is before you enroll in
Coinbase get a good CLEAR photo of your legal I.D. with your smartphone. Then track down a utility, cable
TV or front page of your bank statement (scratch out the account number) and scan that front page showing
where you live. Also, your first name is important. If your legal first name is Christopher and that is what is
on your proof of identity material then use that when enrolling. Don’t use Chris. All of this is called KYC
(Know Your Customer) and is mandated by government anti-money laundering laws as I understand it. For
more information about our Protection Through Gold team click here. Or send me an email:
steve@prplus.us.
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