Earn Interest on BitTorrent - BTT Savings Account
YouHodler’s list of options to choose from for crypto savings accounts continues to grow. These low risk, high yield savings accounts help users earn interest on crypto up to 1% per year plus compounding interest. BitTorrent (BTT) is a popular choice in the market. Here’s some information additional facts on BTT and also learn how to easily accumulate crypto interest on YouHodler.
What is BitTorrent (BTT)?
Everyone in the torrenting world knows the popular file-sharing protocol BitTorrent. BitTorrent generated a community of over 100 million users but in 2019, the organization decided that file-sharing wasn’t enough. Hence, they made a deal with Tron and were acquired for a deal of over 140 million which resulted in the creation of a BitTorrent token called BTT.
The main goal of BTT is to connect content creators with their audience directly. Much like their peer-to-peer file sharing protocol, BitTorrent Token wants to allow two parties, creators and audience members, to use BTT tokens to promote open sharing, combat against censorship, and of course, financially award anyone who participates. Tron of course had very similar principles in regards to a decentralized content creator network free of any intermediaries so it was only natural the two joined forces.
How to earn 1% interest on BTT
Step 1: Sign-in or sign up to YouHodler (iOS, Android, and Web version available)
Step 2: Deposit BTT to your personal BitTorrent wallet
Step 3. Watch as your BTT earns a compounding interest of 1% APY.
Step 4: Get paid! Weekly payments come every 7 days
Watch your crypto earn on YouHodler
That’s it! You did it. You can now watch your crypto earn on YouHodler. It may seem like it was too easy and you’re right. That’s by design. YouHodler prioritizes simple UX/UI so you can take advantage of advantageous features without needing a master’s degree in finance or computer programming. We are making crypto for everyone and we hope our savings accounts are just the beginning of that. Once you’re comfortable watching your crypto earn interest on YouHodler, take a look at some of our other features for fun.
BitTorrent saving wallet app that pays interest
YouHodler wallet app is the only application where you can store your BitTorrent (BTT) just like you would in a regular wallet but in addition, earn interest on that BTT wallet balance every week.
How does BTT interest work
You can earn interest on BTT just like you would with a traditional bank savings account but with one key difference. Instead of near to zero interest rates at banks, we offer you 1% interest on BTT.
How to Earn Free BTT
It’s easy! Just deposit BTT to your YouHodler wallet and you’ll earn free BTT every week.
How to Get Free BTT
Interest payments occur every seven days. So you’ll get your free BTT a week after your first deposit.
Cumulative Interest BTT
Yes, you have cumulative interest if you HODL BTT in the wallet. We calculate compound interest rates every week.
BTT APY & Yield
Compared to other platforms, we offer APY instead of APR. APR gives you interest payments without the compounding effect. Hence, with APY at YouHodler, you get more BTT at the end of the year due to this cumulative interest.
BTT Savings Calculator
Just use our BTT Savings Calculator to see what you will have in 3, 6, or 12 months of HODLing on YouHodler.