Monobank is introducing new currency investment options through its "Bank". Users will be able to earn between 2.8% and 3.7% annually depending on the currency, as reported by Oleg Gorokhovsky.
To start earning, users must deposit $1100 or euros into the currency "Bank". Monobank will use these funds to purchase government bonds. Dollars will yield 3.7%, while euros will provide 2.8% per annum.
Users can withdraw their funds at any time, even a second after making a deposit. Currently, the feature is being launched in a test format, and once 5000 activations are reached, additional interested users will be placed on a waiting list.
Gorokhovsky said, "Right now, we do not have enough currency government bonds to meet higher demand. However, if there are many interested parties, we will acquire more and continue."
