Account Savings: BSave

Here you will find the most important aspects of the BSaveBitcoin Savings Account like the bitcoin interest rate, minimum deposit and since when they are monitored. Also you will be able to check what they offer in addition to their savings account and how their platform looks once you are signed in.

We especially like their slogan: Better BSave Than Sorry

Paying Status: PAYING
https://bsave.ioBSave
Comments: 4 Comments

BSave
14 14


Interest rate:
1,59 %

Min. deposit:
0.0025 BTC

Payouts: DAILY
Withdrawal: MANUALLY

Payment methods:
Added: 13.05.2016Monitored: 380 dLast Payment Receipt:
More information (Profile, Pricing, News) about this Cloud Minining Service

BSAVE | Bitcoin Savings

BSAVE is a unique service that allows you to immediately profit from your dormant bitcoin. It takes just seconds to transfer your bitcoin from your wallet to your BSAVE saving account and you will immediately begin to receive daily interest payments.

BSAVE saving account guarantees full liquidity. You can withdraw your funds at any time without financial penalties. We use sophisticated algorithms to calculate your payments based upon the amount and duration of your deposit.

You will be automatically credited your daily interest in your BSave account at the end of each 24 Hours period.

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BSave: How their page looks and works

After seeing all the raw data about the BSave savings account, we wanted also to showcase their member area and comment on it. After an fast and simple registration you are able to log in, this is what you are going to see:

BSave Front Page - v2

 

In the big panel you can see the value of your Saving Account, in our case it’s 1.000342 BTC. Also, you see the current buy price of one Bitcoin and the value of your savings account in USD. You can always change the currency you want everything calculated in.

Below the big panel you can view the latest operations, in our case it’s the daily earned interest of about 34bits.

On the side you can see the panel, which showcases the total interest earned, last interest earned, average daily return and expected yearly return.

BSave Savings Account

You can easily depost or withdraw, by clicking the buttons on the big panel. Pretty simple.

Summary

In summary, BSave offers a simple savings account with daily returns. It offers no special services, like the trading option possible on Magnr. It’s nice that you can withdraw your funds at any time without financial penalties.They offer unique returns, depending on the duration and size of the deposit – yet we don’t exactly know the formula of those calculations. We have already asked for the exact formula!

They most likely take our saved bitcoins and lend it at higher percentages to the loan margin market (i.e traders borrowing).

End of the day, BSave offers a clean and simple savings account, which is nice to have as a second savings account.

Further Information on BTC Savings Accounts

If you want some more detailed info on BTC Savings Accounts, then check out our info page here: Bitcoin Savings Accounts. For sure you will learn something. The Info-Page also contains a listing of all monitored Account Savings provider.

4 Comments

  1. Philip

    Do you like our bsave.io review? If yes, nice! 🙂 If not, what can we improve? What would you like to see more?

    Reply
  2. Vas&Co

    02.08.2016 – BSAVE posted extraordinary loss adjustment to our saving account (appr. 35%)

    “As you know, Bitfinex was hacked for a large sum of money. Bsave’s business model is based on loaning money to margin leveraged traders and returning you interest. Our margins are thin and our success is based on earning a high volume of customers by providing the simplest platform to pay interest to hodlers of all levels of income.

    We worked as hard as we could to overcome this crisis professionally, updating our customers on the new events following the hack on our platform, responding customer tickets as fast as we could, distributing BFX tokens pro rata to our users, putting in place a system that allow eligible users to exchange their tokens against BTC if wished.

    Though, everybody understands bitfinex need to reimburse their customers to stay in business long term and so we do but this takes time to play out.

    If for some reasons you believe Bitfinex won’t reimburse those tokens at face value of 1$ in the future, you are entitled to claim payment of a BTC amount which is equivalent to the market value of the BFX Token. Consequently, another 57% (at current price) of the loss is able to be recouped. Otherwise, we will continu to redeem those tokens at 1$ in BTC according to bitfinex redemption schedule as we did on the 1st of September and 1st of October.

    In the meantime, please accept our heartfelt apology and know we completed our due diligence on Bitfinex and Bitgo.

    Best regards,
    The BSave Team”

    Reply
  3. tadady

    I think in Bsave savings account is a good and safe because they are paying a very real interest rates.

    Reply
  4. Victor Defor

    Bsave is just the best savings account ever

    Reply

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Summary
product image
Aggregate Rating
5 based on 7 votes
Brand Name
BSave
Product Name
Savings Account
Price
BTC 0.00
Product Availability
Available in Stock
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