How To Earn 4.08% Compound Interest Daily On Your Bitcoin

chekohler (70)in #bitcoin • 6 years ago

So you own Bitcoin and it's just sitting in your wallet not doing much at the moment since the market is flat. So why not put your Bitcoin to work and generate some interest with the FreeBitco.in account.

All you will need to do is create a free bitcoin account. You can then earn or transfer your BTC to your free bitcoin account and then earn daily compound interest on your account balance

How much can I earn BTC interest?

You can earn interest on your BTC every single day and payouts will look as follows:

If you had 1 BTC

ACCOUNT BALANCE - 1.0 BTC
DAILY INTEREST EARNED - 0.00010958 BTC
BTC MONTHLY (30D) INTEREST EARNED - 0.00329289 BTC
BTC YEARLY (365D) INTEREST EARNED - 0.04080505 BTC

If you had 0.1 BTC

ACCOUNT BALANCE - 0.1 BTC
DAILY INTEREST EARNED - 0.00001095 BTC
BTC MONTHLY (30D) INTEREST EARNED - 0.00032928 BTC
BTC YEARLY (365D) INTEREST EARNED - 0.00408050 BTC

If you had 0.01 BTC

ACCOUNT BALANCE - 0.01 BTC
DAILY INTEREST EARNED - 0.00000109 BTC
BTC MONTHLY (30D) INTEREST EARNED - 0.00003292 BTC
BTC YEARLY (365D) INTEREST EARNED - 0.00040805 BTC

While it may not seem like much your balance can quickly rack up with every additional satoshi for doing absolutely nothing. As the value of BTC increases the value of the interest you earn increases

How to qualify for Bitcoin Interest

All you need to do is maintain a balance of at least 30,000 satoshis (0.0003 BTC) in your FreeBitco.in account and the site will pay you compounded interest on your full balance every day.

There is no lock-in period to earn interest and you start earning interest right from the first day!

Your balance can be withdrawn any time you wish. That way you can treat your FreeBitco.in account like an instant-access savings account to hold your excess bitcoins and earn passive interest on your account balance every day.

How to qualify for Bitcoin Interest with Altcoins

If you don't have Bitcoin you can still qualify for interest using your Altcoins. All you need to do is deposit your alt coins to the site. The site will take you alt coins and convert it via shapeshift into Bitcoin and add it to your account balance

When is the daily interest credited?

The site calculates the interest on your account balance daily and credits it at a random time every day. If the interest would be credited at a fixed time every day, people would be able to game the system by depositing before the credit time and then withdrawing after they receive their interest. To avoid this, the daily interest is calculated and credited at a random time every day.

How do you make money to pay us interest?

When you hold money in your FreeBitco.in account, we split it into 3 parts - the first part is used to cover user withdrawals, the second part is used to bankroll our MULTIPLY BTC game and the third part is used to expand our bitcoin mining operation (which is currently 9.065 Petahashes or 0.037% of the total hash power of the bitcoin network). We make a profit and assume the full risks of our businesses and in return for you saving your money with us, we give you a risk-free fixed rate of return.

Below, we have signed a message using our bitcoin address that is used to collect payments from our bitcoin mining operation. This message can be verified on any bitcoin client or here to provide proof that we actually mine bitcoin.

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Disclaimer: This article should not be taken as, and is not intended to provide any investment advice and is for educational purposes only. As of the time posting the writers may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency as all investments contain risk.