Outlet Interest Rates

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5%

Rates last updated June 10, 2022.

Outlet Facts

Outlet Facts

Founded 2019

Compounding interest

Yes

Withdrawal fees

No

Availability

Worldwide, excluding states: NY, NH, CT, HI, VT, VA, TX

Lockup terms

None

Payouts

First day of each month

Join Outlet outlet.finance

Outlet Review

Outlet Pros

  • Very simple process for non-crypto users interested in high interest rates
  • Automatic stablecoin purchase, interest generation
  • No fees or lockups

Outlet Cons

  • No support for other cryptocurrencies such as bitcoin
  • Cannot send stablecoin directly to account, bank transfers only
  • 5 days before deposits settle and earn interest
Nexo: The Right Place

Outlet Finance is a USD-focused savings app. It is designed to be easy to use, integrates with your traditional bank account for automatic conversion of USD into USDC stablecoins for interest creation and pool joining.

Outlet Finance has no fees for deposits or withdrawals. There are also no minimum balances.

Outlet Alternatives

Outlet FAQ

Is Outlet interest compounded?

Yes, Outlet compounds interest.

How often do you receive payouts at Outlet?

First day of each month.

Where is the Outlet headquartered/located?

Outlet is located in NJ, USA.

Where is Outlet available (what countries is Outlet available)?

Worldwide, excluding states: NY, NH, CT, HI, VT, VA, TX.

When was Outlet founded?

Outlet was founded in 2019.

Is Outlet available in the USA?

Yes, Outlet is available in the USA.

Is Outlet legitimate?

Yes, Outlet is legitimate. Located in NJ, USA, they follow local regulations and only serve customers in areas ruled by those jurisdictions. Outlet has been in business since 2019.

Does Outlet pay interest on Bitcoin?

No, Outlet does not pay interest on Bitcoin.

Does Outlet pay interest on Ethereum?

No, Outlet does not pay interest on Ethereum.

Does Outlet pay interest on Dogecoin?

No, Outlet does not support Dogecoin.

Questions or comments about Outlet?

Our team is here to answer them.