A Delaware-based cryptocurrency startup called BitLeague has recently launched a Bitcoin term deposit product designed to bring mainstream-like services to the crypto economy and attract new users. Crypto lending firm BlockFi, for example, has launched a cryptocurrency deposit account offering users over 6% a year in compound interest. A new trend in the cryptocurrency space that allow users to earn interest on their cryptocurrency holdings.
The post BitLeague Offers Bitcoin Term Deposit With 9% Interest appeared first on Incrypts.
A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.
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