The Xend Finance App is now live allowing its users to save in stable currencies while earning higher interest, all risk free. Discussing with the CEO of Xend Finance provides insight into the features and functional benefits of the app.


Xend Finance has been around for over a year now, why did you decide to launch it as a mobile App?
We can all admit that mobile applications make access and navigation of some platforms easier. Xend Finance is one of such platforms. If you look at the friendly user interface, you’ll see that we aimed to create a better experience for our users and this app has served its purpose.


Since its launch, the Xend Finance App has attracted the attention of many with over hundreds of downloads already. Why do you think this is?
I will just say that this justifies the claim that people have been looking for a better way to save their money and we have provided that. The inflation rate in many third world countries is making life unbearable for its citizens. The cost of living keeps increasing simply because the currency keeps reducing in value. For example, January 2021 in Nigeria, $1 was equivalent to N472 but by December 2021, $1 was equivalent to N565. The purchasing power of the Naira dropped by about 19%. So don’t be surprised that people rush at the opportunity to convert their local currency to stable currencies that will ensure that they do not lose purchasing power.


Users of the Xend Finance App are offered up to 15% APY which is way higher than any interest rate in the market. How is this possible?
Xend finance is a blockchain bank that works with a special algorithm that helps users (without their knowledge) to choose the protocol with the highest interest rates. This means at all times; their savings are optimized to generate interests.


What are some of the savings features available on the Xend Finance App?
Users can save personally on their flexible wallet where they have easy access to their money or they can lock in their money for a period time during which they cannot access their money until the set time elapses. The Esusu feature is also available to users allowing different users to pool their money together and take turns to take the interest accrued by their pooled funds. Also, users can decide to set up their own cooperative society and set up and customize their savings plan on the platform.


What are Xend Tokens and how can users use them?
We needed a way to reward users on the platform and the Xend token helps us do just that. Likewise different platforms have their own tokens like Binance has the BUSD, so also does the Xend Finance platform have its own token. How it works is when the demand for the token increases, if becomes more valuable and users with these tokens can exchange them for large sums.


Does the Xend Finance App offer referral bonuses to its users?
Of course! Users can earn up to $4 from a single referral. All they have to do is send their referral code to a friend and if a friend registers with that referral code, both parties get bonuses. Some youths have taken this to be a little business and they are actually giving us a run for our money which proves that its highly rewarding.


Why do you advice people to use the Xend Finance App?
Like I always tell people around me, inflation is silently eating up your money. Save wisely with the Xend Finance App so your money does not lose its value even when the value of your local currency falls.

Download the Xend Finance app today!

This is facts. Saving in Xend Finance is the safety net you need in 2022

bigboychukstar:
The Xend Finance App is now live allowing its users to save in stable currencies while earning higher interest, all risk free. Discussing with the CEO of Xend Finance provides insight into the features and functional benefits of the app.


Xend Finance has been around for over a year now, why did you decide to launch it as a mobile App?
We can all admit that mobile applications make access and navigation of some platforms easier. Xend Finance is one of such platforms. If you look at the friendly user interface, you’ll see that we aimed to create a better experience for our users and this app has served its purpose.


Since its launch, the Xend Finance App has attracted the attention of many with over hundreds of downloads already. Why do you think this is?
I will just say that this justifies the claim that people have been looking for a better way to save their money and we have provided that. The inflation rate in many third world countries is making life unbearable for its citizens. The cost of living keeps increasing simply because the currency keeps reducing in value. For example, January 2021 in Nigeria, $1 was equivalent to N472 but by December 2021, $1 was equivalent to N565. The purchasing power of the Naira dropped by about 19%. So don’t be surprised that people rush at the opportunity to convert their local currency to stable currencies that will ensure that they do not lose purchasing power.


Users of the Xend Finance App are offered up to 15% APY which is way higher than any interest rate in the market. How is this possible?
Xend finance is a blockchain bank that works with a special algorithm that helps users (without their knowledge) to choose the protocol with the highest interest rates. This means at all times; their savings are optimized to generate interests.


What are some of the savings features available on the Xend Finance App?
Users can save personally on their flexible wallet where they have easy access to their money or they can lock in their money for a period time during which they cannot access their money until the set time elapses. The Esusu feature is also available to users allowing different users to pool their money together and take turns to take the interest accrued by their pooled funds. Also, users can decide to set up their own cooperative society and set up and customize their savings plan on the platform.


What are Xend Tokens and how can users use them?
We needed a way to reward users on the platform and the Xend token helps us do just that. Likewise different platforms have their own tokens like Binance has the BUSD, so also does the Xend Finance platform have its own token. How it works is when the demand for the token increases, if becomes more valuable and users with these tokens can exchange them for large sums.


Does the Xend Finance App offer referral bonuses to its users?
Of course! Users can earn up to $4 from a single referral. All they have to do is send their referral code to a friend and if a friend registers with that referral code, both parties get bonuses. Some youths have taken this to be a little business and they are actually giving us a run for our money which proves that its highly rewarding.


Why do you advice people to use the Xend Finance App?
Like I always tell people around me, inflation is silently eating up your money. Save wisely with the Xend Finance App so your money does not lose its value even when the value of your local currency falls.

Download the Xend Finance app today!

Inflation got nothing on you as a Smart person, because you now save in a more stable currency.
Xend Finance is the way to go!
Start saving your money in dollars to enjoy up to 15% interest, compounded daily. Start saving today with as little as ₦3,000 ($5).

#Saveyoursavings #XendFinance #CryptoBankingForEveryone

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