Do you have some money stored somewhere? Growing it with a fantastic 0.5% interest a year? (against our 2% inflation) Or have you bought some bitcoins which you are not planning to use in the near future? Store them on Bitbays and grow them with 10%-12.9% per year! while getting paid out every day!
I know this sounds like the story you would hear in a pop-up window containing a virus when clicking on it. And like people say: When something sounds too good to be true, it is often to good to be true. However let me try to explain how it works so you can understand this is possible. I will use an apple metaphor, if you are already familiar with Arbitrary trading you can skip ahead 2 paragraphs.
Say there are two different markets to buy apples. One market is close to a lot of apple farms so there are a lot of farmers selling apples. The other market is in the city where there are a lot of people who want to buy apples. This causes the price of the same apples in the market near the farmers to be lower than in the city. So, if you buy apples from one market and sell it on the other you make profits, this is called arbitrary trading.
The same can be applied to bitcoins. There are currently a couple of hundred bitcoin exchanges around the world. Some exchanges you can only access with a certain nationality. This and other factors cause some price differences in bitcoin on the different exchanges, as you can see here: http://coinmarketcap.com/currencies/bitcoin/#markets
The good thing with bitcoins however, is that you don't have to walk up and down different markets. You can easily trade it from behind your laptop. To make it even more interesting, you can program bots to automatically buy, sell and move bitcoins across different exchanges. In this way, the more money and bitcoins you have available to move across the markets, the more profits you make. Therefore Bitbays created their arbitrary fund. Everyone can store their USD or bitcoins with them so they can use it to move along the markets. It is practically the same what your bank does with your money only more effective, less risky and you gain about 20 times more from it.
Bitbays is a trusted company, I couldn't find anything bad about them which is exceptional for a bitcoin exchange. Also they are referred to by large BTC sites etc. They are already active since 2013. You can even take your money or BTC at any moment when you need it without any troubles while you get paid out every day. They pay 13% for USD a year which is 0.0356% a day, and 10% for bitcoins which is 0.0274% per day. Since you get paid out everyday automatically on your account, you grow your money exponentially. This means that with an increase of 0.0353% per day you double your money within 5 and a half years!
5,5365=2007 days
$1000,-(1+0.000353)^2007= $2030,-
Yes, I guess that is a bit higher than your current savings account. Check it out yourself
So why am I convincing you? Am I working at Bitbays or something? No, the main reason is because I, for multiple reasons, feel like we are being screwed by our banks and central banking system. I think this is a great alternative for storing money on a bank since, like I said, they do practically the same like your bank does with your money but then more effective, less risky(!) and you gain about 20 times more from it. Therefore I am also using it myself and would recommend it to my grandma.
Of Course I am also referring you with my affiliate link. I love affiliate, links what can you do. So if you are interested and have any questions contact me. Creating and verifying an account might not be soo easy so i can help you with it.
Thanks!
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