Bitsavings Promises 5% Month-to-month Interest on Bitcoin Deposits

A bitcoin deposit support called Bitsavings is providing returns of 5% a 30 days to anyone bold sufficient to put their cost savings there.

Despite the true name, Bitsavings is not really attempting to become a bitcoin financial institution and appears to be offering users worldwide an opportunity to buy into its investing scheme, which it states is “working good thus far”.

The ongoing company, whose site ago went live 60 days, is dependent out of Panama in accordance to a spokesman. Terms and problems listed on the web site state it is subject matter to the statutory laws and regulations of Romania. The deposit address listed on the site, however, had recorded no activity and had a 0 BTC balance at the right time of writing.

Continue reading at CoinDesk


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