any bitcoin wallet that pay interest for keeping money?

[Whosdaddy]

The only wallet I know of that provides interest, albeit very small, is HaoBTC. AFAIK they are a legitimate company and they have a huge mining operation. There is a thread about that mining op in the mining section.

I reviewed HaoBTC, a Beijing China based BTC wallet. But I do not prefer it because there is no such bitcoin wallet who pays Interest for keeping money. I think you can better use your money in a cloud mining site. Deposit your money to a legit cloud mining site and let them grow.

[naidray]

hey i have lot of bitcoin and all is in blockchain wallet...but i am searching for wallet which pay usat least small interest for keeping money their..

nothing wallet like that,you can give some idea to popular wallet like coinbase or blockchain to add that feature.

I don't think this Idea could works. because coinbase and blockchains have millions of users already, and all users satisfied with them. They don't need to pay users for use their service and store money on them..

[lite]

hey i have lot of bitcoin and all is in blockchain wallet...but i am searching for wallet which pay usat least small interest for keeping money their..

There's no such wallet which pays interest for keeping your bitcoins idle(not now maybe in future), you can try lending though on bitfinex?

[justspare]

No there is no bitcoin wallet that pays you interest. For them to pay you interest, they need to loan your bitcoin to other people.

[panju1]

Wouldn't we all love a risk free solution?
A wallet (risk-free) is different from a bank/company (risk, no matter how small) which pays interest.
You have to make a choice about whether you want to risk your bitcoins or not.

[ctlaltdefeat]

there are many services like haobtc and https://magnr.com/ etc offering interest by keeping your money in their wallet but unfortunately they are untrustworthy, they operated so shady and most of them ended scam.
so far this kind bitcoin saving that pay interest be used for evil activity like ponzi. i recommend to do not believe any services that offering interest for keeping your money for now.

[bitbaby]

there are many services like haobtc and https://magnr.com/ etc offering interest by keeping your money in their wallet but unfortunately they are untrustworthy, they operated so shady and most of them ended scam.
so far this kind bitcoin saving that pay interest be used for evil activity like ponzi. i recommend to do not believe any services that offering interest for keeping your money for now.

True, I don't find any of them to be legit but its just that people are so keen on earning interest that they want to believe that it is real. One thing I learned from the time I spent here is that people never learn.

[7788bitcoin]

hey i have lot of bitcoin and all is in blockchain wallet...but i am searching for wallet which pay usat least small interest for keeping money their..

No wallet so far have this feature, except for those scam-Ponzi investment schemes.

The best ones, for example Coinbase and Xapo, absorb the transaction fees for most users- which I think is already very kind!

[AliceWonderMiscreations]

hey i have lot of bitcoin and all is in blockchain wallet...but i am searching for wallet which pay usat least small interest for keeping money their..

No wallet so far have this feature, except for those scam-Ponzi investment schemes.

The best ones, for example Coinbase and Xapo, absorb the transaction fees for most users- which I think is already very kind!

They aren't doing it out of kindness, they are doing it as a loss leader to try and get a monopoly on the web wallet market.

The cost of a transaction is cheaper than chicken feed, it really is.

[The Sceptical Chymist]

Lol this would be like the wallet in my pocket giving me fiat interest.  Not gonna happen unless there's a bank in my pocket as well.

[stacksofcoin]

As everyone already has said, there is no wallet provider that pays interest on your stored bitcoin.

For someone to pay interest, the bitcoin needs to be invested somewhere (lending or trading) and hopefully returning higher interest than what they pay out. This is how normal bank savings accounts work. The beauty of bitcoin is that you can do this yourself and there are heaps of options, but you need to understand the risk involved. So do your own research.

Following are a few options:

Magnr provide a savings account which pays 2.35% (low risk)

BTCPop have a 5% savings account which is low risk and then a range of pooled investments which can pay up to 50% but are higher risk as the funds are used for peer-to-peer lending.

Bitfinex have a margin-funding system where you can lend your bitcoin for others to trade. Returns vary and it sounds crazy but is fairly well run.

Then there are the ponzis/HYIPs - high interest but extreme risk - you have been warned.

The basic rule is: the higher the interest paid, the higher the risk.

Check out www.stacksofcoin.com/invest-bitcoin for more info.

[Pursuer]

there are some services like exchangers that will pay you some small interest if you keep your cryptocurrencies in their wallets but there is a very big problem with all of them.

when you keep your crypto in those places you won't have access to your funds except through them, so if they decide to close up shop (Gox, Bter, Cryptsy,...) you will be left without your crypto and the small interest they have paid you will be useless.

[Greentree]

Sounds like use bitcoin like a bank. The wallet owner keeps your money and will spend it on their services sounds good but too far away to happen

[enhu]

its another thread on this forum with a company that might be what your looking for haobtc, they have a intrest wallet , and they are a big btc mining company. the thread is here https://bitcointalk.org/index.php?topic=1085039.0

downside is that you need 10 btc to take part in their 12 % yearly intrest , but u can use the wallet they have and it gets you 3%.

This might just be what you are looking for.  10 BTC is a huge amount to risk but you'd be very thankful once you got your interest.

Do they allow it if you withdraw the btc all of a sudden? maybe you need the cash very badly.

[AliceWonderMiscreations]

its another thread on this forum with a company that might be what your looking for haobtc, they have a intrest wallet , and they are a big btc mining company. the thread is here https://bitcointalk.org/index.php?topic=1085039.0

downside is that you need 10 btc to take part in their 12 % yearly intrest , but u can use the wallet they have and it gets you 3%.

This might just be what you are looking for.  10 BTC is a huge amount to risk but you'd be very thankful once you got your interest.

Do they allow it if you withdraw the btc all of a sudden? maybe you need the cash very badly.

I'm kind of skeptical, it may be ponzi.

I don't know that it is, but I would be extremely cautious before using their service.

-=-

There's nothing wrong with converting bitcoin to fiat to invest in safer investments if your goal is grow value.

My philosophy with bitcoin is to grow spending power by holding as it beats the dollar. I'm skeptical of companies that claim they can increase your bitcoin because that means what they do with your bitcoins to earn value has to beat the increase in spending power that bitcoin already gets just by sitting.

And I would never borrow in bitcoin because paying the same amount of bitcoins back is a huge HUGE amount of interest even if you borrow 5 and return 5 three years later.

-=-
Be very careful of anyone who claims they can pay you back more bitcoin than they borrowed. If they really could, they would be better off borrowing fiat to do what they want to do to make money. So why aren't they?

[Kakmakr]

At one time, when Ponzi's were still new to the forum, one of them paid out to a service called, https://www.asmoney.com/ and I had some money in there for a while. I received frequent emails with the interest I received from that money, and I still have some money stored there.

Currently, AsMoney supports Bitcoin, Litecoin, Dogecoin, Peercoin, and Darkcoin. You could drop a few coins there to test it out, and report back to us here.

There are no fees regarding crypto currencies, and only 0.5% fee is charged for local currency transfers.

Read more here : https://www.asmoney.com/compare.aspx

Disclaimer : I am in no way affiliated to this site, and just mentioned it here, because I have used it before, with no problems.

[MyBTT]

They would have to be a very trustworthy company if anyone even put their Bitcoin with them in the first place. And they would lose money so no one would do it.

[Hirose UK]

hey i have lot of bitcoin and all is in blockchain wallet...but i am searching for wallet which pay usat least small interest for keeping money their..

never heard that such interesting idea.

no wallet gives income for keeping bitcoin in their wallet as far as I know

maybe only banks do it

[ctlaltdefeat]

there are many services like haobtc and https://magnr.com/ etc offering interest by keeping your money in their wallet but unfortunately they are untrustworthy, they operated so shady and most of them ended scam.
so far this kind bitcoin saving that pay interest be used for evil activity like ponzi. i recommend to do not believe any services that offering interest for keeping your money for now.

True, I don't find any of them to be legit but its just that people are so keen on earning interest that they want to believe that it is real. One thing I learned from the time I spent here is that people never learn.

they learned but they are stubborn! always want earning money in fast & easy way , like this one collecting interest.
however i suggest everyone to use third party saving/investment service like btcjam , you lend your money and get interest from it instead invest on random site that offer a good profit which it's too good to be true.

[BitMaxz]

We know there's no wallet to have an interest for keeping our bitcoin in wallet but why don't you try to lend it in services section with valid collateral so than you can make some profit with your money rather than investing it holding it in unknown wallet giving a benefits interest just holding it in your wallet. Most of them are scam so its better to lend it to make a profit if you want to hold for long term you can still make money because value o bitcoin is gradually increasing every week and month's. Wait for end of the halving the price will rise so that you are still make a profit or you can lend for monthly interest.. we have a section for long time loan with interest so that you can still make money..