Flint offers crypto investment option
Passive crypto investment player Flint on Monday said that it is offering a simple diversification to crypto, with returns of up to 13 per cent a year without any lock-in period. Its early access will be available to over 25,000 customers via the waitlist.
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Hyderabad: Passive crypto investment player Flint on Monday said that it is offering a simple diversification to crypto, with returns of up to 13 per cent a year without any lock-in period. Its early access will be available to over 25,000 customers via the waitlist.
Going beyond merely buying and selling crypto tokens, the company is offering a unique investment opportunity to earn passive income. The users can invest via Indian rupee deposits, which will get converted to stable cryptocurrencies generating returns, the company said in a statement.
Akshit Bordia, co-founder, Flint, said: "With Flint, investors can now enjoy the upsides of the crypto markets with low-risk investments. Our users will also enjoy currency upsides as their investments are held in cryptocurrencies pegged to dollar. As the dollar becomes stronger, their investment earns additional appreciation."