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WebFeb 7, 2024 · Step 2: Compare interest rates. Depending on the platform you use, the interest rate you’ll receive in your Bitcoin savings account will vary. Most platforms let you earn between 3% to 8% annual ... A Bitcoin savings account is an excellent way to get a piece of the pie during the cryptocurrency craze. This gives you access to a high-interest account on assets that have a limited supply. However, keep price volatility in mind and know the FDIC does not insure crypto. If you want to save Bitcoin, First Financial can help. See more Bitcoin is a type of cryptocurrency. Cryptocurrency uses modern cryptographic technology to validate transactions on a blockchain ledger. To put that in simpler terms, it’s an open-source … See more Cryptocurrency is the new kid on the block, and as a result, regulators are still working on how to implement it. The US government has only begun to collect taxes on crypto investments in recent years. In other … See more Big institutions like banks will often offer low-interest rates for savings accounts. This makes it great to have a savings account for the long term. But in the short term, you won’t make … See more Cryptocurrency, unlike the US dollar, is not a stable currency. Volatility means that the price can change drastically over short periods of time. Sometimes, Bitcoin can fluctuate in thousands of dollars within a period of just a few … See more WebFeb 1, 2024 · A Bitcoin Savings Plan is an exciting employee benefit program that allows an employee to convert a portion of their paycheck to bitcoin. The bitcoin is held on the same secure, regulated NYDIG ... caliber lithia springs