Bitcoin IRA Is Letting Customers Lend Out Their Crypto Retirement Funds
The digital asset IRA company will offer interest on cryptocurrency and cash holdings that customers want to lend out.
China-based RenrenBit has disclosed it took $600,000 in net income from revenue of $2.3 million in 2019.
The initial annual percentage yield will be 8.6 percent for USDC and 3.78 percent for litecoin.
BlockFi recently announced it would make changes to the interest they pay for bitcoin and ether deposits.
Crypto lending firm Unchained Capital has hired Will Cole of the Wyoming Blockchain Task Force as its new chief product officer.
BlockFi, the cryptocurrency lending service, is expanding into trading with an unusual, zero-fee model.