Save and Grow your deposits with crypto
We currently offer a choice of three crypto savings products. Each product operates within the framework of decentralised finance and thus provides greater transparency, security and high interest returns.
1 Year Fixed Rate
Lock up your deposit for 1 year and receive guaranteed interest of 10% per month.
2 Year Fixed Rate
Our 2-year saver option pays 12% interest per month.
Flexible Saver
The flexible saver pays 6% interest per month. You can access your money anytime and there are zero withdrawal fees.
1 YEAR fixed RATE SAVER
Our 1 year fixed rate saver pays 10% interest. You can choose how you receive your interest: daily, weekly or monthly. There are no management or arrangement fees and you have visibility and access to your money at all times.
Sound too good to be true? It’s not. We’re just unlocking the power and potential of Defi and bringing it to the people.
1 Year Fixed Rate
ANNUAL INTEREST RATE
10%
INTEREST PAID
Monthly
MATURITY DATE
March 2024
FSCS protected up to £85,000
All assets backed 1:1
UK Support team
guarantreed Fixed rate
transparancy of your money
WHY IS THE INTEREST RATE SO HIGH?
Bonds and investment products offered within the traditional centralised system we have today is subject to a vast system of overheads that are required to support it: building and infrastructure costs, staff wages, insurances, debt to service, shareholders to reward, etc.
Cryptocurrency investments are not typically subject to these costs; instead finance applications and services are decentralised and often autonomous, connecting borrowers to savers digitally without the need for expensive and inefficient third parties.
This means that by harnessing the potential of decentralised finance, rewards can be distributed more favourably to savers.
ARE MY FUNDS SAFE?
Yes. Unlike your traditional bank or building society where usually only about 20% of deposits are backed by physical assets, all our deposits are backed 1:1 and audited by xyz. You can view our treasury here.
Deposits are also FSCS protected up £85,000.
The Crypto Building Society pays 10% interest on every £1000 deposited. This equates to a monthly payment of £8.33.
A typical high street ISA will pay 4% interest on every £1000 deposited. This equates to a monthly payment of £3.33 .
Banks & Building Societies provide an essential service. They store our money and provide relatively easy access to it. Commonly, we do not need to pay for this service. More likely is that banks and building societies will compete with each other by paying interest on savings to encourage people to deposit their money with them. Why?
These deposits are invested and grown in a range of often long-term financial instruments such as government bonds, stocks, real-estate, and loans to individuals and businesses. This process provides much needed liquidity to our centralised financial system – without it you wouldn’t be able to get a mortgage for a car or a loan for home improvements.
The problem, however, is that the rewards provided in this system are distributed heavily in favour of shareholders and not depositors.
With cryptocurrency, many of the same principles apply but they operate in a decentralised system that places more emphasis on rewarding the customer and not the shareholder. Deposits can be invested in a range of financial services and applications that help support the crypto eco-system in return for interest. From the simple staking of stablecoins to yield farming to liquid staking of a particular crypto token, there are many opportunities that vary in complexity, risk, and reward.
Cryptocurrency is a key part of a new technologically disruptive wave of decentralised financial applications and services that are being offered to users. These services are often run autonomously; they are in essence bits of code on the internet that execute tasks and fulfil requirements 24/7 as configured by the protocol. This movement is referred to as Defi.
With Defi applications and services the rewards are often greater because there are no expensive middle-men taking a cut, no buildings and staff to maintain, no debt to service or shareholders to consider. Instead, services are automated through the use of Smart Contracts, i.e., computer code programmed to fulfil an agreed purpose or contract.
2 YEAR fixed RATE SAVER
Our 1 year fixed rate saver pays 10% interest. You can choose how you receive your interest: daily, weekly or monthly. There are no management or arrangement fees and you have visibility and access to your money at all times.
Sound too good to be true? It’s not. We’re just unlocking the power and potential of Defi and bringing it to the people.
1 Year Fixed Rate
ANNUAL INTEREST RATE
12%
INTEREST PAID
You Decide
MATURITY DATE
March 2025
FSCS PROTECTED UP TO £85,000
ALL ASSETS BACKED 1:1
UK SUPPORT TEAM
GUARANTREED FIXED RATE
TRANSPARANCY OF YOUR MONEY
WHY IS THE INTEREST RATE SO HIGH?
Bonds and investment products offered within the traditional centralised system we have today is subject to a wealth of overheads that are required to support it: building and infrastructure costs, staff wages, insurances, debt to service, shareholders to reward, etc.
Cryptocurrency investments are not typically subject to these costs; instead finance applications and services are decentralised and often autonomous and connect borrowers to savers digitally without the need for expensive and inefficient third parties.
This means that by harnessing the potential of crypto finance applications rewards can be distributed more favourably to savers.
ARE MY FUNDS SAFE?
Yes. Unlike your traditional bank or building society where usually only about 20% of deposits are backed by physical assets, all our deposits are backed 1:1 and audited by xyz. You can view our treasury here.
Deposits are also FSCS protected up £85,000.
The Crypto Building Society pays 12% interest on every £1000 deposited. This equates to a monthly payment of £8.33.
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CURRENT BANK OF ENGLAND BASE RATE
uk inflation (cpi)
A typical high street ISA will pay 4% interest on every £1000 deposited. This equates to a monthly payment of £3.33 .