By 
May 23, 2016
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.io | Comments: 4  |
 [thumbs-rating-buttons] | Interest rate: 1,59 % Min. deposit: 0.0025 BTC | Payouts: DAILY Withdrawal: MANUALLY Payment methods: |
| Added: 13.05.2016 | Monitored: 2755 days | Last Payment Receipt: |
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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:
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.
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Categories:
Bitcoin Savings
Do you like our bsave.io review? If yes, nice! 🙂 If not, what can we improve? What would you like to see more?
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… Read more »
I think in Bsave savings account is a good and safe because they are paying a very real interest rates.
Bsave is just the best savings account ever
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