Re:Web3 is not going to change the world
by TAKEMYMONEY on Thursday February 03, 2022 @01:24PM
(#30196424)
Which savings accounts offer interest rates that can compete with crypto exchanges? Or wallet staking? Chase, BoA and Wells Fargo savings accounts in the US pay 0.01% APY. Ally is down to 0.5% APY.
There is a crypto exchange offering 1.01% APY on BTC, a difference of 10,000% compared to Chase (and much higher APYs on other tokens).
Not shilling, I moved everything from Ally to a money market account elsewhere, I'd genuinely like to know where you're seeing a relevant amount of interest.
There is a crypto exchange offering 1.01% APY on BTC, a difference of 10,000% compared to Chase (and much higher APYs on other tokens).
Not shilling, I moved everything from Ally to a money market account elsewhere, I'd genuinely like to know where you're seeing a relevant amount of interest.