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[b] How To Save In Dollars And Earn Interest In Nigeria [/b] - Nairaland / General - Nairaland

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[b] How To Save In Dollars And Earn Interest In Nigeria [/b] by everythingyinka: 12:08pm On Mar 25, 2022
Due to economic problems in Nigeria and the persistent fall of Naira, many might advise that saving your money in Naira is a bad financial practice and that’s why in recent times, people seek and choose secure ways in which they can protect their “hard-earned” naira from losing its value. With inflation on the rise and the drop in the price of crude oil, the Nigerian currency, Naira, does not seem like it’s going to regain its value anytime soon. This simply implies that saving your naira in dollars is the surest way to prevent your naira from losing its monetary value.

Before the introduction of fintech platforms, saving your naira in dollars entailed stress that involved going to the bank, submitting documents and filling a bunch of paperwork just to successfully open a domiciliary account. But with the advent of fintech platforms providing convenience for its customers, saving your naira in dollars has become so easy because it doesn’t involve trips to the bank, paperwork and any third party.

The “save in dollars” feature on a fintech platform enables users to save their naira in dollars. When you save your naira in dollars via a trusted fintech platform like Vella, the deposited amount is converted to the current value of dollars and the value of your savings increases with time. Also, most fintech platforms offer saving plans that give you interest when you save your naira in dollars on their platform for a stipulated period of time.

Save and Grow your earnings with Vella

Vella is a secure and trusted digital payment platform that not only lets you send money anywhere in the world in minutes but also enables users to save and lock their hard-earned naira in dollars via Vella vault. For individuals and business owners who would like to save their naira in dollars, Vella is an ideal platform for you because you not only save your naira in dollars on a secure platform, We also offer incredible interest rates through our saving plans that help you make profit as you save.

How Do I Save My Naira in Dollars on Vella?

Saving your naira in dollars on Vella is very simple and does not require any paperwork because Vella offers a secure and fast funding method. To get started;

- Download Vella on your mobile device via Google play store or Apple store

- Sign up by creating an account and completing your account verification

- Fund your NGNT wallet with the amount you would like to save.

- Swap the funds in your NGNT wallet to USDT wallet

- After a successful swap, Click on Vella Vault feature on your dashboard and tap Quick Save

- Enter the amount you want to save and choose your desired savings plan

- Complete the process by entering the required information.

- Sit back and watch your money grow.

Saving Plans on Vella Vault

With our profitable saving plans, users are not just saving in dollars but also earning interest while they save. With our saving plans, users can;

Earn up to 4% per annum when you save for 3 months

Earn up to 6% per annum when you save for 6 months.

Earn up to 10% per annum when you save for 12 months.

An interesting thing to note is that our “save in dollars” feature is available for Nigerians and non-Nigerians interested in unlocking their savings potential and earning interest while doing so.

Vella is more than just a platform that helps Africans move money across the globe seamlessly and pay bills with crypto easily. With Vella, you can avoid the effects of devaluation of naira by saving in dollars and earning interest via Vella Vault.

Interested in saving your naira in dollars?

Download Vella on Google Play Store/Apple Store to get started today!

Re: [b] How To Save In Dollars And Earn Interest In Nigeria [/b] by IdJack(m): 12:37pm On Mar 25, 2022
Dollars is now N580/585 in the black market.

for more information visit my signature
Re: [b] How To Save In Dollars And Earn Interest In Nigeria [/b] by Akanoaaa(m): 10:38am On Apr 30, 2022
What's Vella finance dollar rate?
Re: [b] How To Save In Dollars And Earn Interest In Nigeria [/b] by Akanoaaa(m): 10:43am On Apr 30, 2022
everythingyinka:
Due to economic problems in Nigeria and the persistent fall of Naira, many might advise that saving your money in Naira is a bad financial practice and that’s why in recent times, people seek and choose secure ways in which they can protect their “hard-earned” naira from losing its value. With inflation on the rise and the drop in the price of crude oil, the Nigerian currency, Naira, does not seem like it’s going to regain its value anytime soon. This simply implies that saving your naira in dollars is the surest way to prevent your naira from losing its monetary value.

Before the introduction of fintech platforms, saving your naira in dollars entailed stress that involved going to the bank, submitting documents and filling a bunch of paperwork just to successfully open a domiciliary account. But with the advent of fintech platforms providing convenience for its customers, saving your naira in dollars has become so easy because it doesn’t involve trips to the bank, paperwork and any third party.

The “save in dollars” feature on a fintech platform enables users to save their naira in dollars. When you save your naira in dollars via a trusted fintech platform like Vella, the deposited amount is converted to the current value of dollars and the value of your savings increases with time. Also, most fintech platforms offer saving plans that give you interest when you save your naira in dollars on their platform for a stipulated period of time.

Save and Grow your earnings with Vella

Vella is a secure and trusted digital payment platform that not only lets you send money anywhere in the world in minutes but also enables users to save and lock their hard-earned naira in dollars via Vella vault. For individuals and business owners who would like to save their naira in dollars, Vella is an ideal platform for you because you not only save your naira in dollars on a secure platform, We also offer incredible interest rates through our saving plans that help you make profit as you save.

How Do I Save My Naira in Dollars on Vella?

Saving your naira in dollars on Vella is very simple and does not require any paperwork because Vella offers a secure and fast funding method. To get started;

- Download Vella on your mobile device via Google play store or Apple store

- Sign up by creating an account and completing your account verification

- Fund your NGNT wallet with the amount you would like to save.

- Swap the funds in your NGNT wallet to USDT wallet

- After a successful swap, Click on Vella Vault feature on your dashboard and tap Quick Save

- Enter the amount you want to save and choose your desired savings plan

- Complete the process by entering the required information.

- Sit back and watch your money grow.

Saving Plans on Vella Vault

With our profitable saving plans, users are not just saving in dollars but also earning interest while they save. With our saving plans, users can;

Earn up to 4% per annum when you save for 3 months

Earn up to 6% per annum when you save for 6 months.

Earn up to 10% per annum when you save for 12 months.

An interesting thing to note is that our “save in dollars” feature is available for Nigerians and non-Nigerians interested in unlocking their savings potential and earning interest while doing so.

Vella is more than just a platform that helps Africans move money across the globe seamlessly and pay bills with crypto easily. With Vella, you can avoid the effects of devaluation of naira by saving in dollars and earning interest via Vella Vault.

Interested in saving your naira in dollars?

Download Vella on Google Play Store/Apple Store to get started today!


What's their dollar rate?

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