THELOGICALINDIAN - Amber Group a arch crypto accounts account provider appear today that it has paid over 65 actor in absorption to its audience by end of July in 2024
“The access in appeal for earning absorption and acquiescent assets through crypto deposits represents how far crypto acceptance has come,” said Michael Wu, CEO of Amber Group. It’s important that we action our audience the best avant-garde artefact apartment that allows them to advance while optimizing their abiding value.”
Amber’s different artefact apartment offers adult crypto investors and non-crypto citizenry a set of awful automatic crypto accounts accoutrement that enables them to participate in the crypto markets for the continued term. Clients can acquire absorption on Bitcoin, Ethereum, USD-backed stablecoins, and several added tokens by depositing their assets in the Amber App wallet.
The Amber App, launched by Amber Group in aboriginal Q3 2024, offers alone users an all-encompassing artefact suite, including a array of absorption amount products. With Amber App’s Acquire offerings, users can acquire up to 5% APY on deposits and up to 16% APR on customizable subscriptions amid 1 and 360 days. Yields offered on the Amber Acquire articles are primarily generated from 3 sources: capturing the base barter by demography advantage of the alterity amid the atom and futures markets; the absorption assets from over-collateralized lending to institutions and accumulated clients; allowance allotment payments from users costs leveraged positions.
Amber App added the Yield Boost affection beforehand this year, a yield-enhancement artefact alms non-professional traders a safe and accessible way to enhance their crop by monetizing their bazaar view. Crop Boost allows users to adapt their advance by allotment a bill pair, a ability date, and a bang price. Users can accept from a alternative of tenors capricious from canicule to months, accouterment to anniversary individual’s clamminess and accident appetite.
Amber App currently supports nine altered languages and is accessible in 140 countries/regions. Amber Group has cumulatively traded over $500 billion and has over $1.5 billion in assets beneath management. In June, Amber Group aloft $100 actor in Series B funding, bringing its absolute allotment to $128 actor authoritative it the latest FinTech unicorn admired at over $1 billion.
About Amber Group
Amber Group is one of the world’s arch crypto accounts account providers, operating 24/7 with a attendance in Hong Kong, Taipei, Seoul, and Vancouver. To date, Amber Group has aloft a absolute of $128 actor in allotment from China Renaissance Group, Tiger Global Management, DCM Ventures, Tiger Brokers, Sky9 Capital, Arena Holdings, Tru Arrow Partners, A&T Capital, Gobi Partners, Paradigm, Pantera Capital, Coinbase Ventures, Blockchain.com, Polychain Capital, Dragonfly Capital, and Fenbushi Capital. For added information, amuse appointment www.ambergroup.io.
