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Author Topic: 2014-09-03 CoinFinance: Huobi's Fixed-Return Financial Product Sells Out Fast  (Read 542 times)
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September 04, 2014, 02:16:58 AM

The Dig-VC is essentially a guaranteed interest return on an investment in the exchange. Customers can invest a base sum of money into the exchange and, at the end of a 60 day period, those customers will receive a guaranteed 1.2% return per month. Huobi is able to ensure these returns by backing them through their Digcoin service, a Bitcoin mining platform service. The Chinese exchange added an incentive to their promotion of the Dig-VC in order to stir up more market demand, promising to add an additional 0.02% per month at the end of the 60 days to the first 100 customers.
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