BlockFi Launches Crypto Savings Accounts, Pays Whopping 6% on Bitcoin and Ethereum – Are XRP and Litecoin on Deck?

BlockFi Launches Crypto Savings Accounts, Pays Whopping 6% on Bitcoin and Ethereum – Are XRP and Litecoin on Deck?

US-based crypto lending platform BlockFi just launched savings accounts for Bitcoin and Ethereum, with a whopping 6% annual interest rate. The interest is paid each month in crypto and is then compounded to produce a 6.2% annual percentage yield. Banks in the US pay roughly 2% on savings accounts. Today we are launching the BlockFi […]

The post BlockFi Launches Crypto Savings Accounts, Pays Whopping 6% on Bitcoin and Ethereum – Are XRP and Litecoin on Deck? appeared first on The Daily Hodl.

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