Wirex, a top cryptocurrency wealth and payment platform, has introduced DUO, a dual-asset high yield instrument that may generate returns of up to 200% for consumers.
With a guaranteed income paid in cryptocurrency every time, DUO will make earning easier than ever before.
The best DeFi yield generation strategies and conventional financial trading platforms were combined to create DUO as part of Wirex’s mission to close the gap between the traditional and digital economies. It puts simplicity first and makes use of Wirex’s cutting-edge user interface to give users of all skill levels access to high yield earning instruments.
With DUO, Wirex’s 5 million customers can earn the price difference between two trading pairs over a specified period of time and receive payment in one of the two currencies plus the yield. Customers have complete flexibility in selecting the token pair, duration of the lock, and amount locked. They can also open multiple DUOs at once. Customers who choose to lock more for a shorter period of time will receive higher returns, and there are no usage fees.
With the introduction of DUO, Wirex has expanded its line of goods that help users increase their assets and are more in demand during the current crypto winter. They created X-Accounts last year, which have no minimum balance requirements, no lock-up or maintenance fees, and allow users to earn up to 20% AER on their funds. They also debuted Wirex Credit in July, which offers extremely low interest rates and no origination fees for cryptocurrency-backed loans up to $100,000.
Source: Prnewswire
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