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Xend Finance: Africa's First Crypto Bank Thread - Business - Nairaland

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Xend Finance: Africa's First Crypto Bank Thread by chumsfortech: 9:32pm On Jan 17, 2022
Xend Finance, a fast-growing startup that uses decentralized finance (DeFi) to solve currency devaluation and inflation, has launched the first global Crypto banking app out of Africa. The blockchain-based application allows users to save in stable currencies, in order to hedge against inflation and devaluation. The app is now available on all iOS and Android stores.

The launch of the Xend Finance app officially ushers us into the blockchain banking era. Seeing the continuous migration from traditional banking to digital banking, Xend finance brings us into a whole new terrain with crypto banking. The absolutely interesting part about this is that it solves a real and experienced problem for the people.

Looking at the economic climate of Nigeria, we have experienced a massive rise in inflation. This means that the value of the Naira has reduced drastically in this free-fall economy that we have been plunged into.

Given this reality, the Xend Finance app could not have come at a better time.

What does the Xend Finance Crypto Banking App do?
Simply put, the Xend Finance app helps users save in dollars and earn up to 15% annual compounding interest.

With this crypto banking app, users can convert their local currency (Naira) to dollars (BUSD) and save.

The app provides two savings plans – Fixed and Flexible Savings.

1. Fixed Savings:

With the fixed savings plan, users can lock their savings for a period of time and earn up to 15% compounding interest on their savings. During the duration of the fixed savings, users cannot withdraw from this plan until the maturity date. Fixed savings users also earn additional XEND tokens, which is a crypto coin traded on major crypto exchanges.

2. Flexible Savings:

On the flexible savings plan, users can save on this plan and earn daily interests. The flexible savings plan allows users to be able to withdraw at any time. These withdrawals do not affect the interest earned on the savings plan.

The best thing about Xend Finance is how easy and seamless it is to save on the platform. You can literally sign up, fund your wallet and start saving immediately. Xend Finance also gives a $2 referral bonus when new users sign up using your referral code/link. The person that is referred is also not left out, as you get $1 to start your saving experience.

How do you get started?

To get started, simply go to your Apple App Store or Google PlayStore to download the app.

Click here to download on iOS – https://apps.apple.com/us/app/xend-finance/id1587050825

Click here to download on Andriod – https://play.google.com/store/apps/details?id=com.xendmobile

https://xend.finance/mobileapp.html

Sign up and begin saving your way out of inflation.

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Re: Xend Finance: Africa's First Crypto Bank Thread by chumsfortech: 9:38pm On Jan 17, 2022
Xend Finance helps customers to save in dollars and also earn interest in dollars.

On the Xend Finance app, you can calculate how much you are going to earn at the end of your savings period with the Interest Calculator.
This way you can estimate how much your earning will be. This way you can make concrete plans for your savings.
Re: Xend Finance: Africa's First Crypto Bank Thread by chumsfortech: 9:40pm On Jan 17, 2022
To get started on Xend Finance, simply download the app on your iOS and Andriod devices, then use the referral code: CHUMS to get $1 to begin your savings journey.
Re: Xend Finance: Africa's First Crypto Bank Thread by bigboychukstar: 9:09am On Jan 19, 2022
I save on Xend Finance and it is so great. I want to ask tho, is there a way I can see the projected interest, like in how much gan gan not percentage grin
Re: Xend Finance: Africa's First Crypto Bank Thread by greychris: 9:23am On Jan 19, 2022
In January 2021, Naira was ₦357 to $1. Today, it is ₦570 to $1.
If you save money in banks, you'll lose money each month.
Use the Xend Finance app to save your money in dollars and earn up to 15% interest annually.

https://xend.finance/mobileapp.html

#XendFinance #SaveYourSavings #BlockchainBank
Re: Xend Finance: Africa's First Crypto Bank Thread by jerryidinoba: 2:36pm On Jan 20, 2022
Once I see my savings grow on Xend Finance, e dey sweet my belle!

Re: Xend Finance: Africa's First Crypto Bank Thread by jerryidinoba: 2:56pm On Jan 20, 2022
grin grin grin grin

Re: Xend Finance: Africa's First Crypto Bank Thread by joeytrib: 3:46pm On Jan 20, 2022
Nigeria’s fintech start-up Xend Finance is applying decentralised finance (DeFi) to credit unions in a bid to optimise operations and provide better yields. Xend Finance all the way!!
Download the Xend Finance app and start saving in dollars

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Re: Xend Finance: Africa's First Crypto Bank Thread by chumsfortech: 9:41am On Feb 14, 2022
Guess what's better than more money? �
� Saving in $dollars. Xend Finance, you can conveniently save in $$$ and earn interest.
Don’t wait for "SAPA"
Start here �https://xend.finance/mobileapp.html #xendfinance.
Re: Xend Finance: Africa's First Crypto Bank Thread by bigboychukstar: 7:50pm On Feb 19, 2022
Yeah sex is great, or so I hear, but have you ever felt the calmness that comes with saving in dollars on Xend Finance, and knowing your money is safe from random devaluation? BLISS ✨✨

Re: Xend Finance: Africa's First Crypto Bank Thread by madamjay(f): 8:37pm On Feb 19, 2022
Why keep all your money in naira when you can simply save it in dollars and get up to 15% interest, compounded daily? The Xend Finance app helps you do that. Download App: https://xend.finance/mobileapp.html
#Xendfinance
Re: Xend Finance: Africa's First Crypto Bank Thread by joeytrib: 8:40pm On Feb 19, 2022
1.25% simple interest is good but getting up to 15% compound interest is the Bomb �
Your savings can birth capital for your next business. Don't just take our words for it. Experience value here �https://xend.finance/mobileapp.html
Xend Finance or nothing!
Re: Xend Finance: Africa's First Crypto Bank Thread by jerryidinoba: 12:47pm On Feb 22, 2022
Stop saving in naira! Start saving in dollars!! With the @XendFinance app, you can convert your naira to dollars and conveniently save on the app. In addition, you get a 15% annual interest to your interest, compounded on a daily basis.

Download the Xend Finance App: https://xend.finance/mobileapp.html

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