How does Bitcoin Interest on Cash work?
With River’s Bitcoin Interest on Cash, you can earn Bitcoin with your cash. Cash held with River accrues interest at 3.8%, and that interest can be automatically converted to Bitcoin.
When will I start earning interest?How is interest calculated?When will I receive my Bitcoin Interest payout?Are there any fees for earning Bitcoin Interest on cash?I have cash reserved for a Target Price Order or a Recurring Order. Does this cash earn Bitcoin Interest too?Can I receive my interest in US dollars instead of Bitcoin?Is there interest compounding?How is the interest generated?Are my dollars FDIC insured?Can I opt out of earning interest?Are there any tax implications to Bitcoin Interest on Cash?