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My review of Magnr and Bsave Bitcoin savings accounts

Thought I'd write something up for my experience at both of these savings accounts since one was really great and the other was not so great. I'm not affiliated with either of these companies in any way, just would like to share my experience for anyone who would think it's helpful.
Magnr seems to be a well known and widely used savings account that promises a fixed rate of 1.28% paid out in monthly installments. I funded my account several times and had uncomfortably long wait times before the funds showed up. Their site says the earnings are accrued daily yet the amount to be paid balance stayed at a fixed amount not representing daily increases. This made it confusing on how much I was earning and when the periods started or began. They also stated that users should transfer funds out of their savings if any forks were to occur in order to receive the additional coins. Then they sent out a weird email saying new coins would be paid in the form of interest? In the end the amount of interest earned was completely obliterated by fees, not to mention the 24 hour hold time on any withdrawal requests. Maybe this would be good if you have over a full BTC and aren't going to look at it for more than a year, which does not fit my needs.
I recently found out about Bsave.io and thought I would try it out with some Nice Hash earnings. My experience there was quite the opposite of Magnr, the interest earned ranges slightly from day to day, but is paid out every 24 hours in Bits. This was a really cool feature because the simple interface showed how much longer remained until the next payout, the estimated payout amount, and the historical payouts. The biggest drawback was the initial deposit had to be a minimum of .05 BTC which is decent a bit of change. I was earning about 5 bits every 24 hours for the .05 BTC I deposited which was about 5 cents a day or about 1.2%. My favorite things about Bsave were the consistency of the payouts and when it came to withdraw the BTC to Bittrex, it took just as long as from a normal wallet which says something about their trustworthiness.
So in short I would recommend using Bsave.io if you want an easy way to generate interest on the coin you already plan to hold for a while. It's simple user interface shows real tangible earnings that make sense and if you ever need to pull it out, it's available right away.
submitted by TylerEMCO to Bitcoin [link] [comments]

My review of Magnr and Bsave Bitcoin savings accounts /r/Bitcoin

My review of Magnr and Bsave Bitcoin savings accounts /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

BSAVE Bitcoin Investment - Better BSAVE than sorry

BSAVE Bitcoin Investment - Better BSAVE than sorry submitted by fatboy_slimfast to CanDoFundraising [link] [comments]

Popular Bitcoin saving solution BSAVE.IO is closing its doors

Dear BSaver21st of February 2019
We would like to thank you for being a part of our community, for your unwavering support and your continued loyalty. It has been our pleasure to be a part of such vivid community and groundbreaking ecosystem.
BSave Ltd. will be closing its online operation on the 23rd of March 2019 (“Closing Date”) and you are requested to withdraw all available funds before that date. Please note that we will stop paying interest on deposits from the 21st of February 2019 .
All unclaimed funds will be held in our wallet for an additional period of 30 days, until the 22nd of April 2019 (“Final Day of Operation”).
IMPORTANT Funds withdrawn after the Closing Date will be charged 0.27% storing fee per day. For example, a 10 BTC balance after 20 days will be worth, before transaction fees, 9.46 BTC = 10*(1-(0.27%*20)).
Any withdrawal request past the Closing Date will be done as follows:
Requests will be sent until the 15th of April 2019 (“Last Submission Date”).
Requests will be sent to [email protected].
The requestor must attach the following documents/information (“Verification Process”):
Color scan/photo of your passport;
A recent (last three months) proof-of-address document. An electronic bank statement or utility bill, as well as a photo, are all accepted;
A selfie/webcam photo of yourself holding a paper with your ID and the following text "BSave withdrawal request, [request date]" in a well-lit room;
The date in which you opened your BSave account;
First deposit date and the address from which you sent the funds;
Last withdrawal address used, if withdrawal was made.
The company will process all validated requests, users that proved ownership of the account through the Verification Process, once a week.
We will no longer be available to provide any assistance after the 22nd of April.
Please let us know if we can answer any questions or provide assistance. We will be available from Sunday to Thursday during business hours, 7AM-15PM (GMT), until the 22nd of April 2019 , which will be BSave’s Final Day of Operation.
Again, we thank you for being a valuable customer to our company and your loyalty all these years.
The BSave Team

submitted by spartanz51 to Bitcoin [link] [comments]

02-21 00:43 - 'What is known about BSave.io?' (bsave.io) by /u/turpin23 removed from /r/Bitcoin within 59-69min

What is known about BSave.io?
Go1dfish undelete link
unreddit undelete link
Author: turpin23
submitted by removalbot to removalbot [link] [comments]

Is bsave still worth my bitcoins?

Hello guys, i hard about bsave, and i 'd like to out a couple of cents in it, but i am a bit afraid since i cannot find any feedback on this site. Can you give me some feedback? Thanks
submitted by gerardomagno to bsave [link] [comments]

Bsave: make Bitcoin work for YOU. We are a super simple savings account for the Bitcoin ecosystem.

Bsave: make Bitcoin work for YOU. We are a super simple savings account for the Bitcoin ecosystem. submitted by BsaveSteven to Bitcoin [link] [comments]

Bsave is a company that pays for bitcoin deposits. Where does bsave's revenue come from to pay interest? /r/Bitcoin

Bsave is a company that pays for bitcoin deposits. Where does bsave's revenue come from to pay interest? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bsave is a company that pays for bitcoin deposits. Where does bsave's revenue come from to pay interest?

Bsave pays x% for bitcoin deposits. The website does not say what it does with the bitcoins. What does it do with the bitcoins? Lends them to margin traders? Who is bsave lending the bitcoins to for generating the revenue necessary to pay for the bitcoin deposits? Thank you.
submitted by rhovegaton to Bitcoin [link] [comments]

To Bitcoin startup BSave ανακοίνωσε χρηματοδότηση 400.000 δολάρια από επενδυτές

submitted by chek2fire to Bitcoin_greece [link] [comments]

Bsave - Bitcoin Savings Account on BnkToTheFuture

Bsave - Bitcoin Savings Account on BnkToTheFuture submitted by quadrilliondollars to btc [link] [comments]

BSave: The New Bitcoin Platform That Collects Interest

BSave: The New Bitcoin Platform That Collects Interest submitted by Posternut to btc [link] [comments]

BitcoinAll comment: https://www.reddit.com/r/Bitcoin/comments/4di54i/bsave_upgrades_customer_account_security_with_clef/. Join the conversation!

BitcoinAll comment: https://www.reddit.com/Bitcoin/comments/4di54i/bsave_upgrades_customer_account_security_with_clef/. Join the conversation! submitted by BitcoinAllBot to BitcoinAll [link] [comments]

BSAVE to Launch Next Generation of Bitcoin Savings After $400,000 Seed Investment - Press Release

BSAVE to Launch Next Generation of Bitcoin Savings After $400,000 Seed Investment - Press Release submitted by _smudger_ to Bitcoin [link] [comments]

Bsave - Bitcoin Savings Account on BnkToTheFuture

Bsave - Bitcoin Savings Account on BnkToTheFuture submitted by BitcoinAllBot to BitcoinAll [link] [comments]

BitcoinAll comment: https://www.reddit.com/r/Bitcoin/comments/4di54i/bsave_upgrades_customer_account_security_with_clef/. Join the conversation!

BitcoinAll comment: https://www.reddit.com/Bitcoin/comments/4di54i/bsave_upgrades_customer_account_security_with_clef/. Join the conversation! submitted by BitcoinAllBot to BitcoinAll [link] [comments]

BSAVE To Launch Next Generation Of Bitcoin Savings After $400 000 Seed Investment

BSAVE To Launch Next Generation Of Bitcoin Savings After $400 000 Seed Investment submitted by BTCbtcx to Bitcoin [link] [comments]

Anyone have experience with Bitcoin interest bearing accounts like BSave.io or Coinstaker?

Just wondering if anyone has some personal experience with some of these new accounts that reputedly pay interest in BTC for holding in their accounts, sometimes daily.
While it sounds like a good way to hodl while earning, I am a bit leery about putting my coins in ant kind of control of anyone, as they can be too easily taken. Was wondering if anyone had some experience with any of them and how it was
submitted by A_Stones_throw to btc [link] [comments]

Bsave: make Bitcoin work for YOU. We are a super simple savings account for the Bitcoin ecosystem.

Bsave: make Bitcoin work for YOU. We are a super simple savings account for the Bitcoin ecosystem. submitted by BitcoinAllBot to BitcoinAll [link] [comments]

BitcoinAll comment: https://www.reddit.com/r/Bitcoin/comments/4di54i/bsave_upgrades_customer_account_security_with_clef/. Join the conversation!

BitcoinAll comment: https://www.reddit.com/Bitcoin/comments/4di54i/bsave_upgrades_customer_account_security_with_clef/. Join the conversation! submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Anyone try bsave.io? /r/Bitcoin

Anyone try bsave.io? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Anyone have experience with Bitcoin interest bearing accounts like BSave.io or Coinstaker? /r/btc

Anyone have experience with Bitcoin interest bearing accounts like BSave.io or Coinstaker? /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

BSAVE - YouTube BSAVE BnkToTheFuture Interview

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.io is a great bitcoin savings account and investment platform. Make your bitcoin work for you. I receive daily interest from Bsave.io. They have the highly secure "Clef" login system which I love. The money is more secure than most digital wallets. The interest rates are better than any saving account at conventional banks. BSAVE is a unique service that allows you to immediately profit from your dormant bitcoin. It takes just seconds to transfer your BTC from your wallet to your BSAVE saving account and you will immediately begin to receive daily interest payments. About us BSAVE is a unique service that allows bitcoin savers to immediately profit from their dormant bitcoins. It takes just seconds to transfer your bitcoins to your BSAVE saving account and ... BSAVE’s saving platform enables its users to profit directly from their dormant bitcoins and offers a profitable saving solution that suits both short-term and long-term savers. Founded by Jonathan Azeroual in 2015, BSAVE is comprised of a team that has experience in the fields of finance, technology development, online marketing, and ...

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BSAVE - YouTube

BSave is about helping people save their Bitcoins and to benefit generously with our interest bearing account. BSave is the only Bitcoin savings account that... BSave paga intereses diariamente en tu cuenta de ahorros segura, minuto a minuto, y puedes hacer retiros cuando lo desees, sin tarifas ni sanciones. BnkToTheFuture interviews Jonathan Azeroual, CEO and co-founder of BSAVE who help people to save Bitcoins into a interest bearing account. This video should not be viewed as a general solicitation ...

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