Bitwala has launched a Bitcoin Interest Account product offering users interest rates of up to 4.3%. The German neobank, which says it has around 80,000 users, has partnered with cryptocurrency lending platform Celsius Network to offer the new product. Funds held in Bitwala’s Bitcoin Interest Accounts are lent out to ‘trusted partners’ on the network. The bank accounts are hosted by Berlin-based Solarisbank. This Bitwala partner has a banking license, so it is supervised by Bafin and Bundesbank, Germany’s banking authorities. Roman Kessler, a spokesperson for Bitwala, told news.Bitcoin.com: For now, only German residents can go through the KYC [know-your-customer] process. Here you’ll find a compiled list of top ten useful sites to discover the latest news on Bitcoin, whether it be trading analysis, market updates, or general crypto updates. Don’t forget to check out our own Market Watch for regular updates, specially curated by Bitwala’s very own trading team. Neobanking service provider Bitwala on Thursday introduced a new account that offers its 80,000 European customers passive bitcoin (BTC) income. The Neobanking service provider Bitwala on Thursday ... Bitwala is a global blockchain-based payment service provider headquartered in Berlin, Germany.Bitwala empowers people to make international transfers using Bitcoin faster, cheaper and more user-friendly. One of its core missions is to enable anyone to live exclusively on Bitcoin comfortably in an era where Bitcoin acceptance still has much room for growth.
Interview Bitwala CFO Christoph Iwaniez - Bitcoin Märkte und Insights
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