Which method do you prefer saving your funds??

[GIFTMICHAEL]

I can't say I'm saving via Cryptocurrency at the moment. I'll simply say, I'm investing into Cryptocurrency long term.to reap its magnificent future benefits.

 

[Hena101]

I stopped using any payment when i found about crypto currency because it is easy to used and also fast when it comes to receiving payments from any site.

 

[gammarays]

Lolz, I know how you feel before saying that but sometimes we really need to take calculated risks because most of this meme cryptocurrency are not trusted, Nigerian currency is almost at the point of dying.

That's what I'm talking about. Those tokens can even give me x2 in a year which is not possible with the naira. Saving in naira is even risky to me because it's losing value.

 

[Tracee]

Crypto wallet for me seems more safe than the bank to be honest, yeah there are risk such as you loosing your pass codes or it being tampered with but aside that, there are no charges and maintenance fees, and also the fact that sometimes money tend to go missing from my account.(money that can't be accounted for).

 

[Richard92]

As my friends recommend to try a crypto wallet where you will be able to keep your e-money and anytime you want to invest in something crypto wallet is the best for keeps.

The best metal that prefer saving my money is saving it in a commercial Bank if I save it with cryptocurrency that is I am investing my money so the only way I can be able to save my money without investment is in commercial Bank.

 

[tray591]

The best metal that prefer saving my money is saving it in a commercial Bank if I save it with cryptocurrency that is I am investing my money so the only way I can be able to save my money without investment is in commercial Bank.

I also prefer same system I saved my money directly in a commercial bank where I made alot interest and I do ensure that my money is safe in that account but there is nothing wrong saving money in a payment processor but its far more risky sometime

 

[Alisco]

I can decide to save money in crypto wallet and at the same time save some in bank.

 

[kayode10]

I prefer to keep my savings in cryptocurrency than in the banking. The reason is that I can make more money with my savings when I keep them in cryptocurrency and that is the same thing the banks are also doing.

 

[Ralphjoe]

Due to the devaluation of my country's currency, I prefer saving money in my crypto wallet and whenever I need it I convert it to my local currency and this method has been very helpful to me for some time now.

I don't think that anyone will be comfortable saving their money in their local currency because inflation affect is very well so the best way that anyone can save the money in by converting it into a stable cryptocurrencies and saving it as such.

 

[kayode10]

Most of my savings are kept with different cryptocurrency assets. all I need to do if I want to buy something is to convert little of the cryptocurrency access to local currency to make purchase.

 

[Good-Person]

USDT is centralized, most of the stable coins are centralized. And the popular ones are mainly representing the USD fiat currency in the coin market.

USDT is a centralized coin but what about USDC Coin? I have read somewhere that it is based on decentralized ethereum blockchain. I am not sure about this. However, does it mean that it is a decentralized token?

 

[Jlife]

That's what I'm talking about. Those tokens can even give me x2 in a year which is not possible with the naira. Saving in naira is even risky to me because it's losing value.

Yes I know but instead of you to invest your money in cryptocurrency that are not good ,you should rather invest your money in good cryptocurrency because good one can be able to give you x5 of what you invested on yearly basis.

 

[Sincerem]

USDT is a centralized coin but what about USDC Coin? I have read somewhere that it is based on decentralized ethereum blockchain. I am not sure about this. However, does it mean that it is a decentralized token?

I never made inquiry to get the information if USDC is a centralized coin or decentralized one too. You can get the right information via one tap Google search.
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I have more than three online banks I'm saving funds with. Which offers me annual interest of 8%, and 20% apiece. But I still fancy saving money with Cryptocurrency.

 

[Bookwormlux1]

You really got lots of options you're earning your funds with. You're saving via crypto and online bank account. I am saving with Binance, piggyvest and branch.
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Those new coins will be rewarding to you when it comes to ICO investment. They have higher APR compared to the popular choice coins.

Does binance has an option where I can save some USDT that I won't be able to withdraw until after some months? I want to save some money.

 

[Good-Person]

I never made inquiry to get the information if USDC is a centralized coin or decentralized one too. You can get the right information via one tap Google search.
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I have more than three online banks I'm saving funds with. Which offers me annual interest of 8%, and 20% apiece. But I still fancy saving money with Cryptocurrency.

I never trust my local banks when it comes to storing money. I believe saving funds in payment systems is much better because you can use these payment processors if you travel abroad. I am not sure if local banks could be used abroad if there is no branch of the bank in other country.

 

[Hena101]

I prefer saving my funds in my cryoto wallet. I buy Bitcoin, will my savings and leave it there, as the bitcoin rises i then withdraw the initial money I saved and the rest waiting for it to rise again, by doing so i get to multiply my money instead of remaining stagnant in a bank.

That's the truth nobody will like to keep his or her money stagnant when there is a place they save it and get multiply without doing any activity.

 

[Filicit]

I stopped using any payment when i found about crypto currency because it is easy to used and also fast when it comes to receiving payments from any site.

But then how do you send money locally through our local banks because I know my country banned crypto so you can't convert crypto to local currency

 

[Good-Person]

But then how do you send money locally through our local banks because I know my country banned crypto so you can't convert crypto to local currency

I am quite sure many people do not trust banks when it comes to saving money. Unfortunately, many people also have a problem with their Paypal accounts and this is why they prefer to store funds in crypto. You can use crypto anywhere, even if your country bans it. You have to just make sure the government does not find it out that you are using cryptos.

 

[Sincerem]

I never trust my local banks when it comes to storing money. I believe saving funds in payment systems is much better because you can use these payment processors if you travel abroad. I am not sure if local banks could be used abroad if there is no branch of the bank in other country.

Yes, using the payment systems is far safer cos you make use of them when you move abroad in the future. But in bank, it remains used locally.

 

[Chizfab]

Crypto, because you never can tell the jackpot your investment on crypto coins will fetch you in the future. You don't get to loss your investment or savings if the coin goes down unless you SELL it. If l had saved my money by buying Bitcoin decade ago, l would have been a billionaire by now. So save wisely, do your research well before choosing the crypto coin to invest in.