Posted on: 16. April 2018

Bitcoin Investment Trust

# Provider of the Month - Passive income through Masternodes
The GetNode Club offers its members a stake in the only ever Masternode pool. to the provider - (https://www.getnode.io).

What is the Bitcoin Investment Trust?

The Bitcoin Investment Trust, or BIT, is one of the first securities with which Bitcoin could be invested and allows cryptocurrencies, such as Bitcoin, to be publicly traded. From this security, the price of Bitcoin can be derived.

However, the fees should be noted, since they inevitably reduce the price gain. With the BIT, investors have a tool in their hands to speculate with Bitcoins without having to own them.

The BIT shares are publicly listed on OTCQX®, thus, Bitcoins can be acquired or sold at market rates. The service is under the Alternative Reporting Standards.

Risk assessment of the Bitcoin Investment Trust (BIT)

A purely private security and thus not controlled by any regulatory authority, the risk should be considered high. The BIT is not registered via SEC and investment is, therefore, highly speculative.

Investors can expect high profits, but should also expect the total loss of deposits. Therefore, only funds that, in the case of total loss, can’t negatively affect one's own standard of living should be used.

The assets are held in XAPO Bank accounts and are registered in XAPO Vaults. The protection is provided by multi-signature codes, which are cryptographically secured private keys.

The BIT has been trading since September 15, 2013. One share currently represents the equivalent of 0.09211978 BTC. There are currently 1,868,700 such shares.


Passive income through Masternodes
Editor's recommendation: The Masternode Pool Club GetNode is the only provider of its kind. GetNode allows its members to participate in a unique masternode pool that is already over 100 Bitcoin in size. Through active management of the pool and constant purchase of new masters, GetNode has achieved very good results. So who ever wanted a passive income through Masternodes , here is the change. With a minimum of 1000 Euro or 0.2 Bitcoin a quick start is possible. The deposit can be made via Bitcoin or Euro. The payment is made automatically every two weeks via Bitcoin. We are even invested in GetNode with 1.2 Bitcoin and so far we are very satisfied with the results.

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