New Investment Opportunities at Monobank
Monobank is launching a new phase of currency investments through its "Bank" platform. According to Oleg Gorokhovsky, users can earn rates of up to 3.7% annually depending on the currency selected.
To generate profit, users must deposit $1100 or euros into a currency account, and the bank will utilize these funds to invest in government bonds. Dollar deposits will yield 3.7% annually, while euro deposits will provide 2.8%.
Funds can be withdrawn at any time, even right after a deposit is made. This feature is currently in a testing phase, and once 5000 users have signed up, subsequent interested parties will be placed on a waiting list.
"At the moment, we do not have enough currency government bonds to meet the increased demand. However, if there is significant interest, we will purchase more and continue our expansion," Gorokhovsky noted.
