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LedgerX Introduces CFTC Licensed Bitcoin Savings Accounts

  • Published on: May 16, 2018 - 1:12 PM
  • Source: Bitcoinist

LedgerX Introduces CFTC Licensed Bitcoin Savings AccountsLedgerX has introduced a Bitcoin savings product licensed by the CFTC. The Bitcoin asset management platform has designed this new product to cater to long-term hodlers. The LedgerX Bitcoin ‘Call Overwrite’ Launched on May 15th, the LedgerX Bitcoin savings account enables investors to earn a fiat-based yield on their Bitcoin holdings. Instead of hodling in the hope of a significant price increase, savers can now earn revenue from a call overwrite. Usually, overwrite contracts are for assets that are deemed to be undervalued or overvalued. The trader overwrites calls if the latter is the …

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