HaoBTC?

[hardtime]

I was reading through this forum and found HaoBtc as a wallet provider that actually pays interest on the amount of money that you leave inside their wallets, could anyone confirm that that is still true and they actually pay out?

Wouldn't  want to go ahead and take my bitcoin from the safe and secure BitGo to the unknown just to make a few bucks as it sits. Plus it's a Chinese wallet and I don't know much about those at all

[DarkStar_]

It's a very low amount of interest, but they are legit. You can see their ANN thread here: https://bitcointalk.org/index.php?topic=1023187.760

I personally have not used their wallet (I prefer having my own private keys), but many have in that thread and they are quite popular in China. Their withdraw fees seem to be kinda high though.

[Undermood]

Using Bitcoin is like owing your bank. Why should we rely on their service as a bank just for tiny bit of interest. Keeping btc in our wallet and wait 10 years to see what will come!

[eckmar]

Using Bitcoin is like owing your bank. Why should we rely on their service as a bank just for tiny bit of interest. Keeping btc in our wallet and wait 10 years to see what will come!

Most users are using online wallet to store their bitcoin. Running 'your' wallet requires you to download node and keep it updated and I don't really see point in that since services like blockchain.info are really trusted

[hardtime]

It's a very low amount of interest, but they are legit. You can see their ANN thread here: https://bitcointalk.org/index.php?topic=1023187.760

I personally have not used their wallet (I prefer having my own private keys), but many have in that thread and they are quite popular in China. Their withdraw fees seem to be kinda high though.

Read somewhere that the annual was about 8 percent or something along those lines, could you shine some light on what the interest rate is annual with them? I couldn't find any of that with them.

Is closing their exchange services going to effect this in anyway also?

[neochiny]

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Is closing their exchange services going to effect this in anyway also?

Probably not. According to this:
"All of their other bitcoin services, including the mining pool and online wallet will continue to operate without delays or issues."
https://themerkle.com/haobtc-to-shut-down-bitcoin-exchange-operations-soon/

But it's still better to wait and see for now. 

Anyway, as for money the money from a trusted and tested wallet, for a 'possible 8% annual' interest? Especially to a Chinese exchange? Nope. At least I wouldn't. 
Besides, the only way you'd earn a bit from the interest is to actually let a sizable amount sit there. This wouldn't be a concern if you trusted the wallet 100%, but this doesn't seem to be the case?

[samuraijin]

if indeed safe I think there is no harm in trying to keep it as long as they are open where their companies stand it better

[cpfreeplz]

This is the opposite of what bitcoins are for. I wouldn't trust someone else to hold onto my coins for a small amount of interest because I know they're using it to make money. If they aren't making money then clearly your funds will be stolen later on.

[Patatas]

This is the opposite of what bitcoins are for. I wouldn't trust someone else to hold onto my coins for a small amount of interest because I know they're using it to make money. If they aren't making money then clearly your funds will be stolen later on.

Not really.I have seen that dude going places once when a guy tried to defame the name of their company/mine.You could check out in the services section I think,it was a bet roughly around for 10-20 bitcoins.I'm not sure of the details  but they're quite a legit project.Since their location and stuff is well known around,I doubt they can run away with the funds.

P.S : At the end of the day,they're supporting the bitcoin network on a large scale.