Historically, gold has been used as a hedge against inflation and geopolitical upheaval, with a traditional move being to use it against stock volatility. (Stablecoins are cryptocurrencies whose value is pegged to a fiat currency, most commonly the US dollar). What makes 24Carret stand out from the rest of the applications in the market is one of the highest interest rates being offered, and that is up to 17 per cent APY. A crypto high yield account will lend, invest, or stake crypto, paying users interest regularly on the earnings. The crypto high yield account may be the most optimal solution for those who just want to earn some interest in their cryptocurrencies instead of letting them sit idle. Crypto yield accounts allow users to stake or lend coins for a set period to earn interest. As the world of decentralised finance (DeFi) evolves, more and more platforms are offering cryptocurrency yield accounts.
Founded in India, Carret believes in the long-term potential of the cryptocurrency ecosystem for generating passive income. With the notion of creating the next-generation cryptocurrency platform for people to invest seamlessly into, Carret is built for individuals who want to earn with crypto in the most efficient way.
Bengaluru (Karnataka), August 6 (ANI/BusinessWire India): Founded by IIT BHU and IIM Ahmedabad alumuni, 24Carret is now available to Indians on the Carret app.
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