Crypterium offers the highest interest rates in both the financial and cryptocurrency market with up to 16,32% APY on USDT, USDC and DAI pegged 1:1 to the U.S. dollar, which accrues daily and is paid out on a monthly basis.
We see value in cryptocurrency savings accounts since there are not many places in the traditional financial market where you can earn more than 0.05 – 2% yield on your deposit. The average savings account pays a 0.07% yield in the traditional market.
Crypterium offers better benefits on these types of accounts than national brick-and-mortar banks, as we don’t have the costs associated with brick-and-mortar institutions and can pass those savings on to our clients in the form of higher yields.
Fiat-backed cryptocurrencies at 1:1 USD
Tether (USDT) is the most popular stablecoin with the lion’s share of trade volume which is backed on a 1:1 basis with the U.S. dollar and is widely used as an instrument for getting dollars in and out of crypto exchanges. Alternatives include USD Coin (USDC), Dai (DAI), TrueUSD (TUSD), Paxos Standard Token (PAX), and Gemini Dollar (GUSD).
1 USDT token is always valued at 1 USD
Unlike Bitcoin (BTC) and other cryptocurrencies such as Litecoin (LTC) and Ethereum (ETH), USDT’s value is always stable, essentially addressing and eliminating the volatility factor of cryptocurrencies.
For every USDT coin in the cryptocurrency market, Tether Limited has $1 in its reserve fund. Crypto enthusiasts will tell you that holding USDT is the same as holding U.S. dollars.
Most people use USDT as the go-to option without worrying about price volatility often associated with Bitcoin and other cryptocurrencies. Instead of cashing out the assets, you can easily convert them into USDT to stabilize the price.
Crypterium; the era of a new blockchain-based banking system
We’re on the verge of a new era. Cryptocurrencies are about to go mainstream, and Crypterium is at the forefront of this evolution, offering the best high-yield savings accounts to help you grow your funds faster than standard accounts.
Let us guide you on how to deposit USDT, USDC and DAI on your savings account and get up to 16,32% APY.
#1 — Launch your Crypterium Wallet
Go to the “Market” section and click “Savings accounts”
#2 — Choose the currency and the period
Check the list of available assets and rates upon its duration and APR. Choose the coin that best fits your goals and estimate its interest rate based on your deposit. Also, you may have a look at its historical profits chart. Check the terms and confirm them.
#3 — Open the savings account
Note: You can close the deposit at any time and return your deposit without an accumulated interest. All your earned interest wouldn’t be calculated.
Congratulations! Wait for your profit
Crypterium is a licensed, fully regulated financial institution in the European Union. Your account is protected by 3-layer security, anti-fraud protocol, and insured by BitGo.