Announces New Increased Interest Rates for USDC, Bitcoin and Ethereum
Voyager Digital Ltd., a publicly traded, licensed crypto-asset broker that provides investors with a turnkey solution to trade crypto assets, announced the expansion of its Crypto Interest Program, making it the premiere agency crypto destination for trading and earning interest on the widest range of assets. The newly announced interest rates place Voyager at the top of the market for three of the most liquid coins, BTC, ETH and USDC. Customers can now earn up to 9.5% on USDC, 6.5% on BTC and 5% on ETH. In addition to some of the highest rates on the market, the company also announced it has added Chainlink (LINK), Basic Attention Token (BAT), and Kyber Network (KNC) to its interest program, bringing the total number of interest-bearing assets to 17. These groundbreaking, increased interest rates are starting on September 1, 2020.
“Our mission at Voyager has always been focused on providing our customers with a full-service digital asset brokerage experience when using our platform to manage their assets,” said Steve Ehrlich, Voyager’s CEO and co-founder. “With the expansion of our Crypto Interest Program, we are providing our customers with a superior user experience. Going forward, we continue to set our sights on disrupting the cryptocurrency marketplace by providing an easy-to-use platform that offers an unparalleled advantage over any other provider in the space.”
Recommended AI News: Genesys Partners With Infosys to Accelerate Its Strategic Transformation Journey
“All Voyager interest-bearing assets require no-lock up term and have no limit on the amount of holdings for customers to earn interest,” added Mr. Ehrlich. “Our Crypto Interest Program offers interest rates of up to nine- and one-half percent, a significant premium to traditional savings accounts, especially with interest rates currently near zero. All of this is to provide our customers with a safe haven to hedge their assets during this time of uncertainty in today’s economic climate.”
Voyager’s 17 Interest-Bearing Assets
|
Asset |
Base Rate |
Asset |
Base Rate |
|
USDC |
9.00% |
Litecoin |
2.00% |
|
Bitcoin |
6.00% |
Bitcoin Cash |
2.00% |
|
Ethereum |
4.50% |
XRP |
2.00% |
|
VGX |
3.00% |
EOS |
2.00% |
|
Dash |
3.00% |
ZRX |
2.00% |
|
BSV |
3.00% |
XLM |
1.00% |
|
LINK |
2.50% |
BAT |
1.00% |
|
OMG |
1.00% |
KNC |
1.00% |
|
ADA |
1.00% |
||
Recommended AI News: Eclipse Tech Joins Teradici Advantage Partner Program
Voyager’s Interest Booster
In addition to Voyager’s aforementioned interest bearing assets, the Company will also include a 0.5% boost on USDC, Bitcoin and Ethereum rates for customers who hold 7,500 or more Voyager Token (VGX), their signature broker token, in their Voyager Portfolio. This means customers can earn up to 9.5% interest on USDC, 6.5% on Bitcoin & 4.5% on Ethereum if they hold at least 7,500 in their average minimum balance. Voyager customers who hold 7,500 in VGX will also get an automatic upgrade to a $10,000 Daily Deposit Limit on adding funds to their account. Voyager’s interest booster offering sets the stage for various features, rewards and incentives which are currently offered and will continue to be added on its platform for its signature Voyager Token.
Earlier this week, Voyager announced that it has listed the fastest growing new token in the crypto market, Polkadot (DOT) to its platform. Polkadot is near the top rankings of all cryptocurrencies, as reported by Market Cap.
Recommended AI News: Daily AI Roundup: The 5 Coolest Things On Earth Today
Comments are closed, but trackbacks and pingbacks are open.