According to BitcoinRichList.com there are over $750 million worth of bitcoin sitting idle. Magnr, a company dedicated to providing Cryptocurrency Financial Services, is trying to change this by allowing the first-ever blockchain-based “savings accounts.” Magnr currently operates across two verticals: trading and saving.
“Magnr allows users to independently verify the safety of their deposit on the blockchain’s public ledger,” says CEO Joe Lee. “Additionally, the interest payout is calculated from blockchain data. This lets users […]
