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
Outlet New User Bonus
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
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.
