Thread: Bitcoins
View Single Post
Old 03-04-2014, 01:48 PM   #583
Swarly
Powerplay Quarterback
 
Swarly's Avatar
 
Join Date: Oct 2007
Location: Calgary
Exp:
Default

Also something to think about is some exchanges (one I know of anyway) pays back the transaction fee's they collect from bitcoin and other alts back to their members. You are paid a % of your holdings a few times every day. Works out to an effective interest rate of 3-6% depending. So they have definite advantages of using it like a bank.
Swarly is offline   Reply With Quote