Over 12% APR may sound too good to be true. And interest even compounds daily? Say no more. We know that many of you have wondered what HaruBank is and how we offer such a high-interest rate. Here we have a list of frequently asked questions that we are pleased to answer.
1. My Accounts
What is [My Accounts]?
[My Accounts] at HaruBank are interest-bearing accounts, which provide a competitive annual interest rate (BTC 10.1%, ETH 10.4%, USDT 10.0%) to cryptocurrency holders with no lock-up.
How long should I keep my crypto in [My Accounts] to earn interest?
At HaruBank, you can earn interest on your crypto savings from day 1. Securely store crypto at your savings account and receive interest without any lock-up period. You may withdraw your crypto at any time.
How is my interest paid out?
The interest earned in [My Accounts] will be paid out daily. Note that the longer you store your crypto, the higher your yields will be due to compound interest. You will be able to view your total balance of savings on ‘My Accounts’ page. Interest will be added to [My Accounts] in the deposited currency, meaning BTC savings will earn BTC as interest.
Does interest in [My Accounts] compound?
Yes, [My Accounts] compounds interest daily. The longer you stay with HaruBank, the more you earn.
2. HaruBank Monthly Deposit
What is the HaruBank [Monthly Deposit]?
The HaruBank Monthly Deposit is a time deposit that provides even higher interest rates (BTC 12.4%, ETH 12.7%, USDT 12.3%) to our clients who deposit their crypto at HaruBank with a 1-month lock-up period. A lock-up period is automatically renewed until canceled.
How long can I deposit my crypto to earn interest?
Until you cancel the automatic renewal before the maturity date, your deposit will be automatically renewed every month.
How is my interest paid out?
The principal amount with accrued interest will be paid to [My Accounts] on the maturity date. You will be able to view your total balance on the ‘My Accounts’ > ‘Monthly Deposit’ section. Interest is paid in the deposited currency, meaning BTC will earn BTC as interest.
Does interest in my [Monthly Deposit] compound?
Yes, in HaruBank Monthly Deposit interest also compounds daily. Again, the longer you stay with HaruBank, the more you earn.
What is the minimum amount for the [Monthly Deposit]?
The minimum amount for each monthly deposit are 0.01 BTC, 0.5 ETH, 1 USDT, respectively.
3. Asset Management
What does HaruBank do with my deposits?
To keep all of our client savings deposit safe, once you deposit crypto into your savings account or deposit, HaruBank transfers them to a cold wallet securely managed by Block crafters. Your deposit generates stable profit through institutional loans and asset management. Trusted asset management partners of HaruBank include Block Crafters Capital and other global partners based in the United State, Singapore, and Japan.. With investment portfolio management and low-risk investment strategies such as arbitrage trading, quant trading, HaruBank offer you stable yet competitive interest rates.
Who manages my crypto savings and deposits?
Assets deposited at HaruBank are managed by our trusted management partners who meet our selection criteria as follows:
- Registered corporations only.
- Crypto asset management companies with at least four related professionals, preferably with strength in algorithm trading.
- Total annual trading volume of at least 100 million USD.
- Asset management history for 18-month periods.
- A strong track record with low volatility and profit above the industry average.
To read more about FAQs regarding withdrawal or KYC verification, visit our Help Center. Feel free to shoot us any questions on our Help Center, or email to email@example.com.
HaruBank is the trusted crypto savings and deposits service provider. We provide over 10% interest rate on cryptocurrency savings and over 12% for monthly deposits of BTC, ETH, and USDT. What we offer aims to shift a paradigm of investment in cryptocurrency — investment in crypto can be stable and comfortable, too. Keep your crypto asset smart.
Official Website: www.harubank.com