Bitwala depositors will receive 4.3% per annum

17.05.2020 / Payment system news

The first cryptocurrency online bank Bitwala began to accept deposits in digital currency with an annual interest rate in excess of four percent (4.3%).

It is worth noting that opening an account will require a minimum amount of only 10 euros, and all payments for the product will be made weekly. Rates are calculated by the Celsius Network platform weekly based on the demand for bitcoin from their institutional borrowers.

“We believe that everyone should be able to create the financial future that he wants for himself – from buying his own apartment to traveling the world with passive income. Offering you a service that can be used with just a few taps, we want you to be able to control your own financial future, ”Bitwala specialists said in an official press release.