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Earn Interest on Bitcoin and Other Cryptos with Amon

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Take a step back and acquire interest on your crypto wallet; whether you are holding Bitcoin or other cryptocurrencies, the Amon Earn product allows you to earn interest for simply depositing cryptos. Instead of storing assets in an exchange such as Binance or Coinbase you simply deposit them in the Amon Wallet – doing so you will earn a percentage of interest every week.

 

What is Amon Earn About?

With more than 95% of crypto users using digital currencies as part of their investment portfolio, a smaller number spend cryptocurrencies day to day – the future remains bright for crypto finance.

So what has Amon done to help crypto investors and users? As easy as it sounds, they created an innovative Earn Product – by placing your cryptocurrencies in the Amon Wallet you can earn interest every week.

Whether you are adding Bitcoin (BTC), Ethereum (ETH)or LiteCoin (LTC)to your Amon Wallet it is really very simple – every Monday without fail you will receive an additional interest payment for those currencies – you can earn more with Amon.

And these are not the only cryptocurrencies, you can earn interest on more than 15 other cryptocurrencies!

How Does Amon EARN Work?

You might be wondering how Amon is able to provide interest from your deposited funds? It is quite straightforward – Amon has some great partnerships with Hedge Funds, professional trading companies that require large amounts of capital to place their trades. They borrow cryptocurrencies to third parties to pay their capital interests.

Amon keeps only 20% of the proceeds and shares 80% with the community. Amon Earn is both easy and straightforward:

  • Deposit your digital currencies in the Amon Wallet
  • You will receive interests on deposited funds every Monday
  • Want to withdraw? No problem – there is no locking period
  • 20+ Coins – Bitcoin(BTC), Ethereum(ETH), Ripple(XRP), BitcoinCash(BCH), LiteCoin(LTC), DASH, and other coins in the pipeline.

How do I Calculate my Interest?

Wondering how much you can earn? With the Amon Calculator, you can work out the potential interests from your deposited crypto funds.

Simply insert the type of cryptocurrency you want to estimate as well as the amount and the calculator will give you an assessment of the weekly, monthly and annual yields that you could receive.

Based on market conditions the level of interest may change a bit, on average Amon Team estimates a yearly yield of 3-10% per annum.

The rates are updated every week and displayed on the APP. 

What Else Can You do with the Amon Wallet?

The Amon Wallet is not just an interest-earning wallet, it is much more. You can also use the wallet to:

  • Buy & Sell over seven cryptocurrencies
  • Deposit / WithdrawEuro with a unique Virtual IBAN
  • Exchangecrypto-crypto and crypto-Euro
  • Trackthe performance of your coins
  • Pre-Order Card, Amon is shortly launching a debit card with a fully integrated powerful AI Systemto convert cryptos at the time of purchase

Who is Behind the Amon Wallet and How Secure is it?

The Amon Wallet is secured by the SEC regulated provider BitGo. BitGo is a supplier of custodial services that works with the top blockchain companies around the globe, handling millions of transactions and crypto assets. For additional piece of mind, they are also insured for up to $100 Million against loss and hacks.

As a top-level partner known for its reliability, Amon decided to work with BitGo to provide real security for the users – your funds have never been safer in the Amon Wallet.

Who is Amon? Starting its journey in 2017, Amon raised $1.5 Million via a successful ICO – in March 2019 Amon was proud to announce that they joined the Innovation Fund of MKB Bank, the fourth largest bank in Hungary.

Amon Vision and Awards

Amon’s journey started in November 2017 when they began to build a unique Wallet that offered unrivaled services.

Over the past year and a half Amon has been able to create different products for the needs of different crypto users:

  • By holding your cryptos you can use the Earn product and make good interests
  • You can buy Bitcoin or cryptos with Euro/swap between different cryptos – Amon is connected with a number of different exchanges and provides only the best rate for your exchange
  • Amon will also be releasing a debit card backed by the Amon AI system to optimize users spending at the point of sale

Amon is proud to announce that they were awarded the Top Disruptive Company in 2019at the Malta Blockchain Summit in May 2019 along with two other important projects, Bitcoin.com and HoloChain.

If you have queries, please do free to drop them a line at [email protected] or join the Amon community on the Amon Telegram Group.

Download the Amon App on iOS, Android or use the Web wallet.

Altcoins

Ethereum Price Outlook as the DXY Index Crash Continues

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Cryptocurrency prices remained in an upbeat tone on Thursday as the US dollar index continued its bearish move. Bitcoin, the biggest cryptocurrency in the world, rose to $23,165, the highest level in months. Similarly, Ethereum has risen by more than 4% in the past 24 hours while BNB Coin and XRP surged to $307 and $0.41, respectively. 

US dollar index retreats

Cryptocurrencies have an inverse relationship with the US dollar index. For example, the DXY, which looks at the performance of the greenback vs other currencies, soared to a 20-year high of $115 in 2022. As that happened, cryptocurrencies like Bitcoin plunged during the year.

The foundation of this relationship is the Federal Reserve. In most periods, the US dollar index tends to rise when the Fed is extremely hawkish and vice versa. And it was extremely hawkish in 2022 as it hiked interest rates by more than 400 basis points. 

Therefore, while the Fed has remained hawkish recently, the US dollar has dropped because of what the data is saying. Data published recently showed that America’s inflation is easing. The closely watched consumer price index dropped to 6.5% in December while core inflation fell to 5.7%. 

At the same time, other parts of the economy are showing that the American economy is indeed recoiling. Retail sales dropped sharply in December while many…

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Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. One of the ways to have a successful…

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Campden Wealth Partners with GDA Group to Enter Digital Asset Markets

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Blockchain conglomerate GDA Group joins as Campden Wealth’s newest Corporate Partner for 2021. Based in Toronto, GDA group provides access to all verticals of the crypto capital markets to institutions and private investors. The two institutions once operated on different verticals, so the partnership indicates a new era of portfolio allocation and asset diversification. Digital assets, including bitcoin, are becoming a vital component of modern investment strategies. GDA Group provides multiple avenues for digital asset exposure, including trading services through their institutional trading desk Secure Digital Markets, including non-recourse lending up to $100M through GDA Lending, and private placements through their capital markets arm GDA Capital

“Institutions have spent a decade on the sidelines, evaluating the risks of this burgeoning sector. Now, in less than 6 months we have seen billions in institutional and private capital enter the space,”  says James Godfrey, FX and International Banking Advisor to GDA Group. “Our relationship with Campden will illustrate the maturation of this industry and where we are headed next. New stakeholders will need experience, resources and insights to navigate this new market and evaluate upcoming opportunities.”

 “The Campden Community is constantly balancing the needs of wealth creation for the future, with wealth preservation…

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