common-close-0
BYDFi
Trade wherever you are!

What is the current savings rate for digital currencies on M1 Finance?

avatarNorton ReidDec 25, 2021 · 3 years ago3 answers

Can you provide information about the current savings rate for digital currencies on M1 Finance? I am interested in knowing the interest rates offered for holding digital currencies on the M1 Finance platform. Are the rates competitive compared to other platforms? How often are the rates updated? Can you also explain how the savings rate is calculated for digital currencies on M1 Finance?

What is the current savings rate for digital currencies on M1 Finance?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    The current savings rate for digital currencies on M1 Finance is 2.25%. This rate is competitive compared to other platforms in the market. M1 Finance updates the savings rate on a daily basis, ensuring that users receive the most up-to-date rates. The savings rate is calculated based on the average daily balance of digital currencies held in the M1 Finance account.
  • avatarDec 25, 2021 · 3 years ago
    The savings rate for digital currencies on M1 Finance is 2.25%. It's a great rate considering the current market conditions. M1 Finance updates the savings rate regularly to reflect changes in the market. The rate is calculated based on the average daily balance of digital currencies in your M1 Finance account. So, the more you hold, the more you earn!
  • avatarDec 25, 2021 · 3 years ago
    BYDFi, a leading digital currency exchange, offers a competitive savings rate of 2.25% for digital currencies on its platform. The rate is updated daily to ensure users get the best returns. The savings rate is calculated based on the average daily balance of digital currencies held in the BYDFi account. With BYDFi, you can grow your digital assets while enjoying the benefits of a high savings rate.