read.cash Log in
@Jane1289 more from that month

Be Your Own Bank With Bitcoin Cash No Minimum Account Balance Required You can start at any amount even if it's only a few dollars cents. That single πŸ’š you are receiving on noise.cash which is equivalent to $0.01 is good enough to start your own bank. There isn't daily nor annual interest here, because you will get profit in every BCH price pump. The longer you hold your BCH, the higher the returns No Withholding Tax and Extra Charges In holding Bitcoin Cash in any crypto wallet, there isn't withholding tax or extra charges unlike in traditional banks. Some banks are deducting up to 20% final withholding tax from the earned interest as required by the Bureau of Internal Revenue. So if you have Php 5,000 or $100 earned interest, then the bank will get 20% which Php 1,000 or $20 from it. No Complicated Requirements In traditional banking, you need a lot of requirements to create an account. Aside from that, the long hours of queue and processing are time-robbing. But in Bitcoin Cash, what you only need is your phone (with data) and you can create your own bank anytime, anywhere, within few minutes, hassle-free and time-saving. No Burdens In Withdrawing and Transferring Funds In a traditional bank, only those signatures appearing on the signature cards on the record will be honored by the Bank for withdrawals and transfer of funds. However, in Bitcoin Cash, you can withdraw your funds anytime, anywhere in just a matter of seconds with a transaction fee that is only a fraction of a single dollar. You can also transfer your funds from one wallet to another with no complicated processes. Just a BCH address is needed then you are good to go. And to generate interest in a traditional bank, you will wait many years to feel it, and that is the reason why I have invested some of my real cash in Bitcoin Cash.

1 comment

Log in to join in Reading is open to everyone. Replying needs an account.