Method for holding Bitcoin at a particular value (w/ 5% annual interest)

Hey all,

Here's a method for holding onto Bitcoin at a particular value, without it being affected by changes in price.

• Create a free account at Cointiply
  
• Once logged in, click your username in the top right corner and choose Deposit BTC (or, just earn through their faucet, offer walls, videos, etc.)
  
• Be sure to Enable 5% annual interest in Account Settings (click username in top right corner and choose Settings / Premium)
  

While Cointiply wasn't designed for this particular purpose, it is by far the best Bitcoin faucet and offer wall provider I've found... it allows you to earn free cryptocurrency by completing surveys, watching videos, clicking links, claiming from faucet, etc... I've earned 306,436 coins ($30.64USD) through the site myself, which works out to ~900k satoshis and I've made 7 withdrawals without an issue.

Holding onto Bitcoin at a particular value works because all balances on Cointiply are stored as Cointiply Coins which are tethered to the US dollar (100 coins = $0.01US). Your coins (and therefore, its value) will remain the same, but the amount of BTC it represents fluctuates based on the current value of Bitcoin.

Example of fluctuations (4 cropped screenshots) :



Pros:

• Your Bitcoin won't decrease in value if the price drops
  
• 5% annual interest, if enabled in settings (paid weekly on balances over 35k coins)
  
• Plenty of ways to earn free coins via their faucet, completing offers/surveys on their offer walls, watching videos, etc.
  
• Balance can be withdrawn at any time (min. 100k coins to any wallet address, or 35k coins to faucethub)
  

Cons:

• Your Bitcoin won't increase in value if the price rises
  
• Storing crypto here is akin to having your cryptocurrency stored on an exchange (i.e. wallet is not under your own control)
  

I wouldn't recommend holding onto large quantities of Bitcoin anywhere besides your own wallet (that is, I wouldn't hold it on Cointiply or any exchange) but it's great for holding onto a small amounts and earning some free money.

Just to note, I do use it regularly:



Cheers.