Blockchain.com crypto wallet and service provider will launch interest-bearing accounts for users who have deposits in Bitcoin.
Founded in 2011, Blockchain.com initially offered an explorer for the Bitcoin blockchain and a crypto wallet. In 2020, 28% of all Bitcoin transactions in 2020 took place in Blockchain.com wallets.
The company recently launched other services, such as an institutional credit bureau in August 2019 and a retail credit bureau in March 2020. The new Blockchain.com accounts will offer up to 4.5% annual interest on users’ Bitcoin deposits. The team announced that it will soon provide interest on other assets such as ETH and USDT in the future.
For the time being, interest accounts will not be available to users in the United States, Canada, and Japan.
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