Why Should You Use Vauld As Your Crypto Bank?
When you save your hard-earned money in banks, what is the interest that you receive?
Have you analyzed the returns you are getting for your money?
Your savings account can earn a little extra income, but it can never be more than the paltry 0.07% annual percentage yield (APY). It is as per the data from Bankrate.
Suppose you are willing to deposit your digital assets in a bank that offers the best returns, then Vauld should be your choice. Vauld is a crypto bank that offers various banking services like owning, lending, borrowing, trading, and spending crypto.
Vauld is the best platform because it offers the best interest rates when compared to the traditional banks and other platforms in the crypto industry. Vauld offers 9% savings interest for tokens DAI, TUSD, USDC, USDT, PAX, & BUSD. It offers 5% savings interest for tokens BTC & ETH.
When it comes to the security of your money in the bank, you can rest assured about it as they provide high-level security of funds.
Why Choose Vauld?
Vauld offers services that are unique from other platforms.
Vauld offers the highest interest rates on all crypto deposits. You can earn up to 12% interest in the form of savings rate, borrowing rate, and fixed deposit rates.
Deposit & Withdrawal Fees
You need not pay any deposit fees for any of the cryptocurrencies supported by Vauld. There is no limit to the withdrawal of cryptocurrencies. Also, the transaction fees for digital currencies are very minimal. The transaction fees for Bitcoin is 0.0001 BTC, Ethereum is 0.007 ETH, and for USDT it is 3 USDT. This transaction is very little when compared to the industry standards.
The trading fees for all the cryptocurrency and FIAT pairs is minimized as much as 0.05%.
The interest on your deposit is calculated daily and paid on a weekly basis. You can withdraw your assets anytime while you are earning interest. You can opt-in to Fixed Deposits to earn high interest and opt-out with zero penalties. The interest is compounded every week or at the end of your FD term.
You can take a loan at low interest. You can borrow up to an LTV of 66.67%. Vauld provides instant approval of your loan. There are no additional charges or hidden fees in Vauld. You can pay back the amount loaned at any time in any number of installments.
Trade with Crypto
You can trade easily with all the supported tokens. You can access liquidity of $50M. Vauld has a competitive fee of 0.05% maker and 0.05% taker fees. You can also trade while you earn interest. Their android and iOS application allows you to swap and manage your portfolio.
Trade with INR
You can trade crypto with INR on Vauld. You can get access to the liquidity of over $50M. The KYC approval time is the shortest of 30 minutes. You can instantly process INR deposits and withdrawals at 0% fees. The platform also supports trading in INR. You can use RTGS / IMPS / NEFT, UPI, Net Banking, Debit cards, and Mobikwik wallet for deposit. For withdrawal of your currency, you can use RTGS / IMPS.
Vauld offers various products:
- Cross token payments to a user’s wallet, phone, or email ID.
- You can link platinum cards to your wallet ad spend instantly.
- Margin Trading, where you can use your crypto assets to take positions with up to 5x leverage.
- You can bank with your FIAT and crypto-assets.
Vauld is not only focused on offering the above services, but also they are dedicated to providing the right values to their customers. They consider customer satisfaction as their top priority and seriously consider the customer feedback to resolve the issues. They work tirelessly towards providing the best product experience to their customers. Their business practices are completely transparent as what you see is what you get. Vauld consistently upgrades its products to enhance the customer experience.
With Vauld, the crypto bank, you have all the rights on your digital assets of when and how to use them. Vauld is a fast, secure, and decentralized platform that uses permissionless blockchain. Vauld is the platform where every hodler can bank with the blockchain. If you’re looking for a smooth crypto journey with the best crypto rates, then Vauld is the crypto you should choose. For regular updates of Vauld, you can check their Telegram Channel.
Originally published https://bitcoinik.com/why-should-you-use-vauld-as-your-crypto-bank/