Sumary of How you can save money and grow your wealth with cryptos:
- “What is particularly exciting about cryptos is the emergence of new opportunities to grow wealth without the volatility, and earn interest rates that are far superior to those offered by traditional financial institutions,” says Brett Hope Robertson, investment analyst at Revix.
- For the risk-averse looking for a relatively low-risk exposure to crypto and a hedge against rand depreciation, Revix offers direct exposure to a stablecoin called USD Coin (known by its ticker USDC).
- It trades 24/7/365 It is listed in more than 50 crypto exchanges There are lightning-quick transaction times There’s a low minimum investment amount It is redeemable for US dollars at any time.
- ” Earn 4% interest on your USD Coin While SA banks offer between zero and 4.5% annual interest on a depreciating South African rand – provided you are prepared to lock up your funds for three months – Revix offers a US dollar denominated Savings Vault that earns around 4% a year with no lock-up period.
- Revix’s $1 million USDC Vault promotion Revix is offering a promotion on its new savings product.
- The promotion states that Revix will match your initial investment in your USDC Savings Vault up to the value of $1 million USDC.
- This USDC Match promotion starts Friday the 23 July 2021 and ends on the 31 of August 2021 at 23:59. Through Revix, you can also gain access to their ready-made “Crypto Bundles”.