LedgerX Launches Bitcoin Savings Account: HODLers Unite

Are you a Bitcoin HODLer? If you are, LedgerX is launching a Bitcoin savings account that might be right up your alley.

The LedgerX Bitcoin Savings Account

The cryptocurrency asset management platform, LedgerX, is launching the first Bitcoin (BTC) savings account that will be regulated by the Commodities Future Trading Commission (CFTC), reports Forbes. The goal of the Bitcoin savings account is to provide investors with a fiat-based yield on their Bitcoin holdings. This is done through a simplified version of a call overwrite.

All an investor needs to do is choose the implied …

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