Cashero High-Yield Wallet, not a Bank High Yield Savings Account
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Deposit
Total Earnings
$
1,500
APY
6%
Term
Final balance is
$
6,500
Inflation-beating 6% APY
Yields paid out daily
Deposit or withdraw your money at any time
Swiss VQF licensed & regulated financial institution
Earn the Cashero Way
You want your money to work for you, right? We understand. You've come to the right place. If your money is sitting in a bank account, inflation is definitely costing you money. High-yield savings account interest rates should beat inflation and make you money. Unfortunately, most high-yield and money market accounts don’t.
Introducing the Cashero High-Yield Wallet. We're not a bank, that's why you get inflation-beating, bank-beating rates of up to 6% APY.
How Does Cashero’s High-Yield Wallet Work?
When you deposit money into your Cashero high-yield wallet, it's converted to fully collateralized stablecoins. Cashero gets you the best annual percentage yields, between 2%-6%. How? By acting as a financial intermediary for you to lend stablecoins to borrowers as collateralized loans.
Leave the hard work of optimizing your finances to Cashero's yield generation algorithm. Do that thing rich people do, get richer while you sleep.
How it Works. It’s Simple.
Join Cashero
Add money to your Wallet
Earn up to 6% APY. Yep, that simple
Ready to earn higher yields? Growing your wealth is easy with Cashero's high-yield wallet.
Cashero Works Across the Globe
Frequently Asked Questions
How can I see how much I’ve earned?
On the main Wallet screen within the Cashero app, you’ll be able to click on Chart View. Here you can see how much you’ve deposited and your earnings over different periods of time.
What is APY?
APY stands for annual percentage yield. It's the effective rate of return for one year, taking compounding interest into account. When choosing a bank account or financial service provider for your finances, it is essential to look at APY comparison information to select a service with the best rates.
Are any fees applicable to my APY earnings?
The short answer is no. The long answer is also no. Rest assured knowing that your wealth will grow without fees affecting your online earnings. The APY you see is the APY you get.
Is my money safe in Cashero Wallet?
Yes. Cashero works with licensed financial institutions and banks. Cashero is licensed and supervised by the Swiss Financial Services Standards Association (VQF). User deposits are bankruptcy remote and cannot be used to pay the company's debts. Cashero Wallets utilize multi-party computation (MPC) and hardware isolation with Intel SGX enclaves. These complex security layers ensure that your funds remain safe and protected online.
When your money is converted into stablecoins, only fully collateralized stablecoins with third-party attestations are used. The bankruptcy-remote status of the stablecoin issuers is checked first. While the stablecoins that meet this criteria may change, what is not subject to change is Cashero’s commitment to safeguarding your money.
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Ready to make your money go further? Join Cashero and get early access.
Features
Company
Legal
Cashero 2022©®
Cashero SA is supervised by the Financial Services Standards Association (VQF) which reports to FINMA. Cashero SA is a Virtual Asset Service Provider (“VASP”) as defined in Art. 7 Para. 1 Let. a of the VQF regulations and is licensed to provide fiat-to-crypto and crypto-to-fiat conversions, wallets services including user-to-user wallet payments, and financial intermediation in the lending market (connecting of borrower and lender).
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