BitConnect is different to many cryptocurrencies in that it’s both a cryptocurrency in the usual sense, alongside being a platform to earn substantial interest on a cryptocurrency investment.
Anyone holding BitConnect Coin in their wallet will receive interest on their balance in return for helping maintain security of the network.
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More on BitConnect
The BitConnect website claims that their platform and cryptocurrency allows users to “Gain financial freedom with a secure and practical alternative to centralized banking. Allowing individuals to invest their wealth in a non-government controlled currency, and even earn a substantial interest on investment.”
We have recently seen the BitConnect coin shoot to within the top 20 cryptocurrencies, even sitting within the top 10 due to the increasing popularity of its investment platform.