Bitcoin Forum

Sorry if this is already asked by some1,
as I rmb I heard of this before, but dunno is it just a scam...

is there any BTC wallet there will provide you interest?
 ::) ::) ::)

IIRC HaoBTC offers interest.

Nothing I would trust that's for sure.
Some proof of stake altcoins have something similar to what you're describing, but Bitcoin uses proof of work.

As far as bitcoins go, any wallet that "gains interest" is probably just somebody trying to hoard as many coins as possible before disappearing, then blaming it on a hacker or the bitcoin protocol, claiming it's weak after they rob millions. It happens time after time and people still buy into it.

Can't trust it, bitcoins basically gain interest themselves. Grab some coin and disappear for a couple years, I promise it will gain more interest than the NYSE index or any money market account.

A proof of stake coin I have used is clam, this is because i have an investment in just-dice, this could be classed as interest but I don't think there is a wallet that pays it directly. You could use a feature such as the bitfinex funding option but this is very risky especially considering what has recently happened.

Yes there is. I know about Haobtc.com and BW.com   ....  both are companies involved in mining and based in china.

I think there is no wallet that giving you interest.. but i heard that moneypot are giving with interest but you will invest it in their wallet for gambling.. but its risky because i heard someone that their wallet are draining..

once there was a site named btcera which was offering 3% if we use their wallets but they soon turned scam and now i met a group of traders who are giving me 10% monthly intrest now so its alteast something fixed for me now

A normal bitcoin wallet can't have any interest, bitcoin works without intermediary systems.
If you have interest it means other people are using your money, do you trust these strangers? I haven't tried any interest wallets but the risk is the site hacked  :)

Wow...
I have to say that BTC wallet with interest would be something great, i would like to try it.
But i think that there is no really safe,fast wallet that can provide you interest, i bet some of those are just scam.

If that type if bitcoin wallet exist then that bitcoin wallet us hundred percent is scam hitcoin wallet which just wanna take all our money from us like every ponzi scheme site.

any wallet site that offers you interest on your bitcoin will not give you, your private keys so there is a huge risk that they can run away at any moment, just like the exchanges that ran away (or claimed they were hacked)!

Care to share this group of traders so other may invest with them to get that amount of interest monthly as well?  ;)
It will only benefit you in the long run since it comes back to you with the more investors in their service.

Well, i never saw a bitcoin wallet that have interest with it. But if out there have wallet with interest, it would be a risk, because i don't think that wallet can go for long term.

Only way of earning interest on your BTC is to turn them into CUBE you will get a very nice daily return.

Any bitcoin wallet or site that claims to pay you interest on your bitcoins is probably a scam. That doesn't include exchanges where you can loan to other traders.

i know that there were a couple of exchanges that were Chinese i suppose and they gave you some profit over time on your deposits (i am not talking about lending , and all that other features they have but only on simple deposits and keeping your coins there.

but can you really trust them, is the question that you should have asked!

I can not see how that should work. If the coins are on a wallet, only the wallet owner can use them.
How should a company offer interests when they can't wotk with the coins?
A btc company that offers interests must work with the coins they have (like a bank). That way the coins are not save.
So they offer some kind of investment, and that sounds a little bit like a cloud mining company to me.
I really do not trust those.

May be try poloniex. You can get interest on your bitcoin safetly on their lending section. I know this is not much, but at least you will not be scammed as they're a +ve reputed exchange.

I don't know any wallet that has an interest in it. Maybe when someone offers it then the owner has a hidden agenda behind it and will just try to accumulate coins then out of the blue the site will be gone along with your precious coins. If you want interest then maybe you can lend it but make sure that the borrower can pay you back and check his reputation first.

I would not trust any site that offers you interest on your BTC. There have been too many Ponzi style Bitcoin schemes in the past.

There is this one which offers 2.35% on BTC deposits
https://magnr.com/

Other related sites are
https://www.facebook.com/HelloMagnr/

https://twitter.com/magnr

They seem a solid company but you never know in the crypto world.
Do your own research before investing

True, money needs to work to produce interest and as for Bitcoin i don't think we need an extra interest, the coin itself has a variable price!

Haobtc.com is a chineese company providing a wallet with interest, but i am not sure if it is really safe and secured. I think it's better to avoid using such wallets offering interest.

i think i would be a better way to increase btc as like bank money . but due to recent scam or robbery of  exchanges sites are indicates that these are only a way to scam or ran away with the all btc of its user .

i think 2 years ago haobtc launching his service, bitcoin wallet with interest rate, but i don't know the service stil runing or not. you can searching at google with hashtag bitcointalk

in a couple month ago, i know one site that give interest in many coins, not just in bitcoin but unfortunately now that site is closed. i think if you want interest, you can try to lend your bitcoin in polo. the rate is adjustable with market. if market is up, then the percentage followed up. i am lend my bitcoin on polo too, because i think i can make more bitcoin, even with small amount that i can get it.

It would be hard to trust any wallets that offer interest on your bitcoins.

For any wallet or company to offer this they would have to be making money themselves from the bitcoins you have deposited and i don't know of many other ways they could make money from your coins apart from lending them out, if tha was the case you may as well start a P2P lending business yourself.

i found it
https://haobtc.com/
hao btc ANN https://bitcointalk.org/index.php?topic=1023187.0
company profile. https://bitcointalk.org/index.php?topic=1072474.0

In My Opinion Dont Use the Wallets Which are Giving You Interest Because they can Stole Your Bitcoins And Also they can Use your Money To Lend to Others....
So According to me Don't Use These Types Of Wallers......

Mr.Capital Letter strikes again?
Anyway, i think that you can get interest only from loaning, i think there is no other way to get it.
If you dont like looking for people to loan money, you should go on poloniex, probably safest and fastest way to do it.

I never would try a wallet paying interest on my bitcoins, because it does not obey to a logic market feature. Actually most bitcoiners are interested in an increased and reliable security rather than this issue, and given the frequent scams in the bitcoin ecosystem, it would be enough for me to prefer a wallet.

As many people have pointed out before me, you shouldn't trust any Bitcoin wallet/deposit system, which promises you interest - that scheme is most offen used by ponzi scams, which are likely to grab your money and disappear with no trace. If you understand the risks and are prepared to lose your entire investment - then by all means, you can go ahead and try to profit in the short run.

There are some investment funds out there, which seem to be legit (like Grayscale (http://grayscale.co/bitcoin-investment-trust/) or Bitcoin Capital (http://www.bitcoincapital.io/)), but they aren't wallets - feel free to check them out.

Haobtc is still working, but according to the faq, the wallet rate is 2% while the finance wait is starts at 4% and caps at 8.51%.

what kind of interest ? just like in our bank ? for me bitcoin has a self interest in its self because bitcoin price is changing everyday and im happy when its getting higher because my money increasing without doing anything haha. by the way if i change my bitcoin wallet would there be any charge ? example im gonna transfer my bitcoins in another bitcoin wallet. just gonna change the holder. is it risky ?

I don't see how they can offer interest unless it's an investment.

Is this really real?
Or probably they are scammers..


It would me cool to be real.

Bitcoin is hard to earn. But who knows, someone will try to make a market by giving some free bitcoins.

too many scammer, hard to trade bitcoin in a safety way

why should we invest in bitcoin insted of banks? is bitcoin serves any additional fessility?

Try lending poloniex. It's not "bitcoin" interest, but you could lend bitcoin and receive interests, with poloniex.

As another people said, there is Haobtc wallet paying interest, but I think it doesn't worth. Too low income. I understand it's better than nothing, but even banks are paying higher income (and banks pay ver low income). Look their thread and take your own conclusions: https://bitcointalk.org/index.php?topic=1023187.0

Investing on a safe place is better than this income...

Some exchanges allow customers to lend to other customers which is like drawing interest. Of course, any exchange is risky because they couldclose down and take your money.

My friend told me that there is no such thing maybe a faucet wallet and coins that offer interest are those proof of stakes coin where you earn interest by just keeping the wallet open with a certain amount of coins

Not possible with Bitcoin since it uses Proof of Work.

Should they in any manner provide you with interest, that would mean that they are using your Bitcoins, and like another poster in this thread, would you really trust strangers with your money that aren't landed?
(E.G: You don't really know where they are, so if they scam you, you can't really do much).

Its most likely a scam, even if its a long-term one.

yes its work for me too and i am trying with small amount like 0.01 btc, and i don't really care about how much the rate, i only lending it into traders. and after i lending so far, i think i make 0.013 but i don't remember when the first time i am start to make lending of my bitcoin. you can try it if you want.

Did you have earned 300.000 sat profit? After how much time did you got this profit?
And do they pay interest in altcoins or bitcoins? If they pay in altcoins it's dangerous, no?

Actually interest on your coins staked within wallet is counted under PoS (Proof of Stake) concept. Such coins are based on various algorithm which offer certain percentage to user who shows proof of stake by holding certain coin within wallet.

But for such coins user needs own desktop client wallet. It may be of any platform. But staking can give certain amount of coins to user after certain period of staking.

It does seem that they have reduced their rate of interest by a percent and a bit because of the increase of bitcoin price but from now
Magnr claims to give 1.28% interest on your bitcoins being held within your member account with them. So as an example they say you get 0.128btc over a year if you hold 10 bitcoin with them.
It doesn't seem like a lot but to the ones that put in more than 50 btc that is quite a bit but that is a year of holding it in that wallet so that is a long time to put trust in a company these days to even know if they will be around in that amount of time. :-\

you try to look at the following link, this may be very helpful there who are still newbie ..

https://www.youtube.com/watch?v=40euNfWpXB8

https://www.youtube.com/watch?v=yGxRayvAQvk

I think it helps you to those who are still newbie

Those are not even in english.
They are in indonesian.
And that is for bitfinex trading. Not really what the guy was asking for. ::)

I know of a bitcoin wallet that offers interest on how much you have held in your wallet.
Pm me for details.

It would be good to have a Bitcoin wallet that give interest, but I don't think there is any out there that is 100% safe

As quoted it will be good but if such a service is provided by the wallet providers soon lot people starts using bitcoin. But such thing is not possible, because it affects the profiting of wallet service providers.

It wouldn't be good at all for bitcoin if wallets offering interest started popping up because within a year we would be going down the same downwards spiral as fiat is.
You see to offer interest on customers money bank are lending your money to other people, would you let your bitcoin wallet provider lend your bitcoins out to another user?

Bitcoin is about taking control of your own money back and if the wallet you store btc in lends it out to someone you don't know then you have lost all control over your money/bitcoins.

You can Find Many Bitcoin Wallets That are Providing Interest On your Bitcoins But I Don't Trust that Type Of Bitcoin Wallets Because they Can Scam your when they got a Bigger Deposits From their Wallet Users....
I Also Suggest you to Don't Use that Type of Wallets Just Use Wallets Like Blockchain and Coinbase that are Safest to Store your Bitcoins....

Trusted wallets lick electrum, bitcoincore, blockchain and etc are providing interest to have bitcoin in your wallet. I have heard small wallet companies providing but its not seems like trusted source these kind interest providing companies involves in many ponzi schemes.

From design its a scam, because it require someone else to have access to your funds.
I mean, he can give you interest rate, because he can use your bitcoins to invest and hope for big return, then give you some back for that.
That is too risky to trust anyone.

I would be careful when looking at wallet with interest. When choosing a wallet I am more interest in the security of my bitcoins than returns.

For the company to offer you interest on you coins they need to investment themself, making it more risky than just storing your coins. Better to do some research and invest them yourself in my opinion.

Some exchanges provide you interest because they can work with the money or other users need it for margin trading.
I advise you to be careful if you find a wallet that gives you interest (mostly smaller wallet providers) or give it a try with just a few Bitcoins to start/test.

Try poloniex

Really? electrum, bitcoincore and blockchain.info will give me interest? What is the way because I already use two of them!

I use poloniex. You can get interest on your bitcoin safetly on their lending section.

Its not so much but its save money for you.

There are wallets that generate interest but it is very small like under 6% a year so pretty much what a bank would give you but a bank would charge you bs fees. It is legit in the way it is a stable and doable investment and they let you know where the money comes from ot is totally legit. But !! The problem is you dont actually own your own coins when using an online wallet. You only truelly own them when you own the keys and wallet.DAT file so they could run one day. I'm not saying they will but you dont known that. I'm not sure what re coarse you could get if they ran.

Your bank gives you 6% interest annually? Please link me your bank, thats 5x as much as any bank i know. Are u sure about that? Also what has security to do with a service such as poloniex giving interest?