Outlet Interest Rates

Bonus or promo code$5 bonus with any deposit

Current Outlet Interest Rates

Stablecoin(s) APY

6% ●

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Availability: Worldwide, excluding the following US States: New York, New Hampshire, Connecticut, Hawaii, Vermont, Virginia, Texas

Compounding Interest: Yes
Payouts: First day of each month
Deposit Lockup Terms: None
Withdrawal Fees: None

Outlet

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.

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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

FAQ

Is Outlet interest compounded?

Yes, Outlet compounds interest.

How often do you recieve payouts at Outlet?

First day of each month.

Where is Outlet headquartered/located?

Outlet is located in NJ, USA.

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

Worldwide, excluding the following US States: New York, New Hampshire, Connecticut, Hawaii, Vermont, Virginia, Texas.

When was Outlet founded?

Outlet was founded in 2019.

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.

Tagged as custodial stablecoin usdc

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