Banking Fintech News

Crypto Earn: Now Earn up to 6% P.A. on XTZ Deposits, Paid in XTZ

Crypto Earn: Now Earn up to 6% P.A. on XTZ Deposits, Paid in XTZ

Crypto, the pioneering payments and cryptocurrency platform, announced that it has added XTZ to Crypto Earn, allowing users to enjoy up to 6% p.a. on their deposits, paid in XTZ. private users will earn up to 8% p.a.

In addition, deposits and withdrawals of XTZ are enabled on the App.

Crypto Earn now supports 19 coins including BTC, ETH, LTC, XRP, BNB, TUSD, PAX, USDC, MCO, BAT, LINK, CRO, MKR, DAI, PAXG, EOS, XLM, ATOM with the addition of XTZ. Interest is paid out weekly in the coin deposited with flexible, 1-month or 3-month terms available. Users earn more by staking at least 500 MCO.

Read More: Finhabits Launches Microlearning Journeys to Help Diverse Communities Build Healthy Financial Habits

Note: For US users, both deposit and withdrawal of XTZ and Crypto Earn deposit in XTZ are initially available in 38 states: AlaskaArizonaArkansasCaliforniaColoradoDelawareFloridaIllinoisIndianaIowaKansasKentuckyMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNorth DakotaOhioOklahomaPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaWest VirginiaWisconsin, and Wyoming.

Read More: Remitly Partners With Alipay to Offer International Remittances

Tezos (XTZ) is an open-source platform for assets and applications that can evolve by upgrading itself. It aims at combining a self-correcting protocol and on-chain governance to manage network modifications. Tezos offers a platform to create smart contracts and build decentralized applications. Using Proof-of-Stake as its consensus mechanism, any stakeholder of Tezos can participate in the consensus process and be rewarded by the protocol itself for contributing to the security and stability of the network.

Read More: Celsius Network and Prime Trust partner to secure depositors funds and offer low-cost credit

Related posts

IQ Protocol to Underpin NFT Powered Film Development & Production House, Mogul Productions

Fintech News Desk

New This Tax Season: Industry Leader efile4Biz Streamlines The 1099 E-Filing Experience

Fintech News Desk

NAIC Executive Committee Appoints Beth Dwyer to Financial Stability Oversight Council

Fintech News Desk