Earn Bitcoin Interest
Earn Bitcoin Interest
Earn Bitcoin Interest Summary
Many people want to earn bitcoin interest on their holdings. Right now there are limited ways to spend Bitcoin so many persons store in hope Bitcoin will increase in value. While you hold your bitcoin you should look for ways to get interest on them. We list several ways to earn interest on your Bitcoin holdings. We have cloud mining which is our main reviewed product. We also list other options such as peer-to-peer lending, margin funding, saving account and shares.
Cloud mining is our specialty at Allcloudminers. We have listed almost every cloud miner out there. Of course, there are more companies claim to be cloud miners but are obvious scams. Cloud mining is a great opportunity to contribute to the Bitcoin ecosystem without having the specific knowledge required to run a miner yourself. We have published graphs on our profitability. However, historic payments don't say much about future payments. Still, we believe cloud mining is a great way to earn interest on your bitcoins with our top rated cloud miners.
Peer-to-peer lending is a great way to earn interest on Bitcoin. We have tried several companies ourselves and are satisfied with the payouts. A typical example of peer-to-peer lending is a person that needs 1 Bitcoin to buy mining rigs for instance. On the peer-to-peer lending platform, there are 10 different lenders ready so send the loan taker 0.1 Bitcoin each. For this, the lenders receive a predetermined interest. The duration of the loan and all other parameters are set on beforehand. Bitcoin peer-to-peer lending companies are BTCjam, Bitbond, Loanbase and BTCpop.
Margin funding is a relatively new way to earn interest on bitcoin. It works as a peer-to-peer loan. However, there are a few differences a funder should be aware of. Margin funding means you lend you money to a margin trader. Your money is at risk since margin trading means leverage trading. The trader has positions worth more than invested. This is very your money fills up. However, the risk is limited since the trading software has automatic stops if the trade loses too much. We think an interest of 10-15 % which is quite easy to get is worth the risk. Companies offering margin funding is Bitfinex and Poloniex.
Saving account is a safe way to earn interest on bitcoin. It means you get interest on your holdings and can at the same time withdraw at any time. The interest on saving accounts can also come from margin trading but the company take the whole risk but at the same time give lower interest. For the moment, we know 2 actors offer saving account for Bitcoin. These are BTCpop and Magnr.
A few companies offer different kinds of shares to earn bitcoin interest. The reason you want to buy a share is because of the chance they can increase in value. Also, you can earn interest on bitcoin by regular dividends . We have invested in three different shares. Those are Bleutrade and BTCpop. BTCpop has a stock market with several companies listed including themselves. Bleutrade has their own share listed on their exchange.