My Daily Coin is just like any other online bitcoin wallet, but with one nice difference. My Daily Coin is like a bank, for all the bitcoins you put in you will get at least 1% interest compounded daily. So if you have 1 bitcoin in your My Daily Coin bank you in 100 days you will have 2 bitcoins, well more than that. Take a look at this.
Day 1 you have 1 bitcoin in your bank, you gain 1% interest.
Day 2 you have 1 bitcoin + 1% of 1 bitcoin, ok this is a bit hard to understand lets us look at it this way.
Assume 1 bitcoin is worth $100 (the real value is $500+ but we want it to be simple)
So,
Day 1 you invest $100 which will gain 1%
Day 2 you have $100 + 100 * .01 give you $101
Day 3 you now have $101 which will gain 1% interest, 101 * .01 = 1.01
Now on Day 4 you have a balance of $102.01
As you can see, you would earn at least $1 a day plus a little extra. This is why I use My Daily Coin.
https://www.mydailycoin.com/index.php?ref=MrCompEng
