Bitcoin
BTC$62 777.23

-1.17%

Ethereum
ETH$3 059.34

-1.54%

Tether
USDT$1.000390

0%

Binance Coin
BNB$535.38

-3.81%

Solana
SOL$132.22

-4.58%

USD Coin
USDC$1.000148

0.02%

New NordFX Savings Account: Investment Income Plus Trading Income


03 May 2021

#Tether

The new Savings Account from NordFX represents a unique know-how developed by the company's specialists, based on DeFi technology. This account allows you not only to receive passive income up to 30% per annum, but also to increase your profits through operations in the financial markets. It is just enough to take a trade loan at only 3%.

DeFi (from the English "Decentralized financing") is a term for special applications in cryptocurrency or blockchain, aimed at eliminating financial intermediaries. It is these advantages of DeFi that have formed the basis of the innovative new NordFX Savings Account, allowing its owners to generate profits many times higher than interest on bank deposits. Passive income on their investments is currently about 30% per annum and may vary.

The world's most popular stablecoin, Tether (USDT), the rate of which is secured by real US dollars in a ratio of 1:1, is used as the account currency. The minimum deposit amount for this account is equal to $500. In addition to USDT, deposits are also allowed with USDC and DAI stablecoins, which will be automatically converted to USDT. Withdrawals are also possible in USDT.

The undoubted advantage of this account is the ability to take a trade loan secured by the funds placed in it. The interest on the loan is only 3% per annum and is deducted from the investment income. The loan funds are instantly credited to the balance of the Trader's Cabinet and can be used for trading on terms similar to those of a Zero account.

This feature gives account holders the opportunity to maximize returns on their investments through trading in financial markets. Investment income is credited to the Savings Account on a daily basis and can be withdrawn at any time without restrictions.


Related

Tether commercial paper exposure now under $50M
Tether commercial paper exposure now under $50M
How
How "Stable" Really Are Stablecoins?
Tether aims to decrease commercial paper backing of USDT to zero
Tether aims to decrease commercial paper backing of USDT to zero
Tether’s attestation report shows commercial paper holdings cut by 21%
Tether’s attestation report shows commercial paper holdings cut by 21%
Tether reveals plans to make Lugano the Bitcoin capital of Europe
Tether reveals plans to make Lugano the Bitcoin capital of Europe
USDT is minted for crypto as $1M bounty offered to unpick reserves
USDT is minted for crypto as $1M bounty offered to unpick reserves
Tether fires back against report it is using reserves for investments and making crypto-backed loans
Tether fires back against report it is using reserves for investments and making crypto-backed loans
Tether promises an audit in months as Paxos claims USDT is not a real stablecoin
Tether promises an audit in months as Paxos claims USDT is not a real stablecoin
Stablecoin inflows to exchanges dip as traders watch Bitcoin from the sidelines
Stablecoin inflows to exchanges dip as traders watch Bitcoin from the sidelines

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 86.8% 21 $62 777.23 -1.17% -9.11% $1 235 741 063 758 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 83.6% 30 $3 059.34 -1.54% -13.04% $367 336 292 565 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94.8% 1 $1.000390 0% 0.07% $108 142 272 293 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 85.2% 16 $535.38 -3.81% -7.75% $80 057 320 062 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 74% 43 $132.22 -4.58% -24.17% $59 064 198 087 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 92% 2 $1.000148 0.02% 0% $32 541 399 313 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 81.2% 31 $0.491910 -1.35% -21.21% $27 114 048 131 XRP 7 days price change
8 Dogecoin (DOGE) DOGE Dogecoin predictions 70.8% 60 $0.153226 -4.26% -18.95% $22 051 237 993 DOGE 7 days price change
9 Toncoin (TON) TON Toncoin predictions 72.8% 53 $6.07 -10.02% -9.35% $21 072 373 464 TON 7 days price change
10 Cardano (ADA) ADA Cardano predictions 75.6% 49 $0.449300 -1.62% -25.08% $16 001 649 489 ADA 7 days price change
11 SHIBA INU (SHIB) SHIB SHIBA INU predictions 59.6% 85 $0.000022 1.51% -19.78% $13 101 990 254 SHIB 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 69.2% 62 $33.98 -4.05% -28.07% $12 843 222 527 AVAX 7 days price change
13 Lido stETH (STETH) STETH Lido stETH predictions 94% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
14 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 85.6% 20 $62 775.36 -1.12% -8.95% $9 747 006 616 WBTC 7 days price change
15 TRON (TRX) TRX TRON predictions 87.6% 15 $0.110731 -0.71% -8.44% $9 702 951 174 TRX 7 days price change

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2024 Crypto-Rating.com

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.