New Interest Bearing Cryptocurrency to Debut Soon

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Bitcoin Interest (BCI) will pay weekly or monthly interest to savers who commit to holding on to their coins.

Bitcoin Interest will pay weekly or monthly interest ...

Developers of the new cryptocurrency Bitcoin Interest (BCI) announced they have finished the core components of the project and will be launching the new currency on selected exchanges in the coming days.

Current holders of Bitcoin may be eligible to receive BCI tokens at no cost.

“We’re thrilled to have been able to complete the development phase ahead of schedule, and are actively signing up currency exchanges to make BCI available to interested parties,” says Nick Dooley, spokesperson for the team behind the new coin.

According to Dooley, Bitcoin Interest (BCI) is a competitive staking cryptocurrency which allows coin holders to safely park their coins in their existing wallets, and maintain full control of their investments, while earning interest payments.

In return, they commit to holding on to coins for the duration of a specified saving period.

“The interest paid out to participants comes from the extra reward generated each time a miner solves a block” says Dooley. “Users are rewarded for saving their coins resulting in less price volatility and in turn making BCI an attractive investment vehicle.”

Exchanges which will offer trading in the new digital currency include HitBTC, Bitfinex, Exrates, Trade Satoshi and Yobit. Other exchanges have likewise expressed interest.

For more information on Bitcoin Interest (BCI) visit https://www.bitcoininterest.io/.

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Lars Mapstead

Lars Mapstead
Bitcoin Interest
since: 12/2017
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