List of Flash News about 2023 Bitcoin growth
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2025-05-12 10:54 |
Bitcoin vs Bank Savings: 2023 KES 5,000 Investment Returns Compared for Crypto Traders
According to GoChapaa Official, saving KES 5,000 in a traditional bank account for one year yields an average return of 3 percent, resulting in approximately KES 5,150 after fees. In contrast, investing the same amount in Bitcoin via GoChapaa in 2023 would have generated around 160 percent growth, significantly outperforming local bank rates. For crypto traders, this underscores the potential of digital assets like USDT and Bitcoin as high-yield alternatives to fiat savings, especially in emerging markets like Kenya. Source: GoChapaa Official Twitter, May 12, 2025. |