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Author Topic: Bitcompare - Compare interest rates on Bitcoin and other cryptocurrencies  (Read 69 times)
bomeandean (OP)
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October 01, 2019, 10:41:52 AM
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👋 Hi Bitcoiners!

After realising how powerful crypto savings accounts can be, I started recommending them to some friends. When they asked who they should sign up to, I struggled to make recommendations.

This is when I googled for some sort of comparison site for these types of products. What I found was that there weren't any. At-least not good ones that are made for everyday people with a little bit of crypto. 🙃

👀 What
I decided to compile a list of the most reputable savings accounts with the best interest rates. With new providers launching every week, the list grew and outstripped my spreadsheet.

https://www.bitcompare.net

❓Why
Friends kept requesting the spreadsheet, so I decided to turn it into a website. If it proves popular, I may review other areas like crypto debit cards, loans and more. I think the idea of a comparison site for this industry could make a lot of sense….

💸 Business model
I’m negotiating with the providers to give Bitcompare special rates or sign up bonuses. This way, Bitcompare users get extra value and the site can earn a bit of money through affiliation. This is no different to existing comparison sites, so we’ll see how it goes 🤞.

💯 Where does the data come from?
I’ve literally compiled the whole thing from scratch myself. It requires daily check ups and I’m looking to create a more scalable way to do it in the future. It works fine for now and the site has all the major providers with the latest rates.

🏗 How’s it made?
The frontend is built on Next.js - using server side rendering for SEO purpose. Backend is using a combination of nodejs api, mongodb and netlify cms, hosted on AWS utilising a serverless architecture. ui layer is built with ant design for react. The animations were done in After Affects and integrated using Airbnb's Lottie.

How you can help?
- 👋 Share your feedback and questions here.
- 🤝 Any connections to those in the industry that would like to team up and work closer together
- 🔥 If you like it and find it useful, feel free to share and tell others

There’s a lot of updates coming, so keep an eye on it.

Thanks for taking the time to read this 🙏

https://www.bitcompare.net
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