Interest rates on deposits at banks, and even credit unions, are so low as to hardly be worth the bother. Deciding to put your money in an interest-bearing account may seem like a no-brainer. Banks make most of their profits by taking in deposits, lending the money out in loans, and receiving more interest income than they pay out.
On the other hand, asset development is seen by many as a key to bringing individuals, families, and communities out of poverty. But not everyone seizes the opportunity. Most people, especially citizen of developing countries, still have to struggle against low salary, and have lack of financial management knowledge.
Despite all the facts mentioned above, everyone has the opportunity to start saving today with the help of Cryptograin that introduces service and modern technologies to allow accumulating. What is Cryptograin? and how it works? you can find the answer on this article.
Cryptograin is a service represented by a mobile application and web-version that allows making personal savings in fiat and cryptocurrency assets in automatic and semi-automatic mode, supports the use of highly liquid cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, etc. The conversion of fiat funds into cryptocurrency assets takes place in real time.
The main goal of the Сryptograin service is to provide a convenient and functional savings tool for as many users as possible and to cover a broader target market in a variety of countries.
The service allows overcoming the gap between fiat funds and cryptocurrencies, and also offers a full-fledged ecosystem for the process of transferring funds to cryptocurrency and fiat assets. You will be able to save money for your own needs (to make savings, for example, to retire or save for a specific goal) using a bank card every day without paying attention to it, i.e. in an automatic mode.
The service also works without a bank card binding for permanent payments, and a user has the opportunity to transfer his or her fiat and cryptocurrency funds into the Сryptograin service of fast savings. A user is able to store funds in the wallet of the service, exchange them into other cryptocurrencies, and also withdraw funds to payment cards in fiat currencies. Users will receive a decentralized savings account for the funds. This service differs from traditional banks. Banks will not be able to ensure the return that digital assets are able to provide, i.e. cryptocurrency.
Cryptograin will serve its users with the following key function:
- Rounding off the sums of transactions when shopping in stores and retail outlets, and automatic transferring of the difference to your wallet service
- Rounding off the sums of transactions when depositing a bank card (incoming funds transfer), and automatic transferring of the difference to your wallet service
- Performing a fixed daily transfer of identified sum to your wallet service
- Performing a fixed weekly transfer of identified sum to your wallet service
- Performing an instant exchange of cryptocurrencies in the service chat, with "cryptograin" protection of the transaction
- Inviting friends to the service and participating in the loyalty program allowing to get bonuses
- Issuing gift certificates with different value in cryptocurrency
- Performing a fixed monthly transfer of identified sum to your wallet service
- Performing an instant transfer of cryptocurrencies in the service chat to another user of the service, with "cryptograin" protection of the transaction
- Withdrawing funds to digital wallets and debit cards
- Transferring funds to your wallet service in accordance with a convenient schedule and the amount chosen
- Investing in securities
Funds transferred to a personal account are automatically exchanged to a user's chosen fiat or crypto currency. Thus, the accumulation process is performed without direct participation of a user. A user is able to observe how his or her funds are increasing in the mobile application, and if a user wants to withdraw funds, he or she simply chooses this option in the application and indicates where to withdraw the funds.
Users can accumulate the money with Cryptogain through these following services:
- THROUGH ADDING A BANK CARD
Users added his/her bank card to the service, and each time they used the card as a payment, their account was credited in his national currency, that automatically converted into cryptocurrency.
- THROUGH REGULAR DEPOSIT
In this accumulation service, users can set the amount of his/her cryptocurrency investment and scheduled it regularly. E.g. you chose to deposit the funds to your account twice a week set up in the service that each transaction was 5 USD, and the accumulation of funds to be in fiat currency, Thus, every week you can save 10 USD, that is 40 USD per month and 480 USD per year. You were able to accumulate 480 USD with the help of Cryptograin service, which was an achievement, as earlier it did not work for him.
- THROUGH GIFT CERTIFICATE
Cryptogain is issuing cryptocurrency certificate with certain amount of value. The certificate can be used as a birthday present, etc. The person with the certificate will automatically receive the exact value of cryptocurrency. The certificate will work as an investment, if he/she does not spend it immediately, he/she will be able to accumulate capital due to increasing value of the cryptocurrency. It is possible to set a date when the certificate can be used.
Road map
For more information about Cryptograin, you can visit the company important links below:
[June 25, 2018 - August 29, 2018]
Twitter: https://twitter.com/cryptograin_io
Facebook: https://www.facebook.com/cryptograin
Telegram: https://t.me/cryptograin
YouTube:
Whitepaper: https://cryptograin.io/whitepaper/
Website: https://cryptograin.io
About Author:
Bitcointalk Username: Misha Dog
Bitcointalk Profile Link:https://bitcointalk.org/index.php?action=profile;u=1294309