Bitso’s Earnings in Latin America Now Support Ethereum (ETH) and Solana (SOL)
Exciting news from Bitso in Latin America! The platform has added Ethereum (ETH) and Solana (SOL) to its Earnings feature, with Cardano (ADA) and Polkadot (DOT) set to join in December 2024.
Through the Earnings section, users can store their funds and receive weekly interest, all while keeping their assets liquid. The annual rate for stablecoins like USDC and USDT ranges from 2% to 4% based on the amount invested. For the newly added cryptos, the annual rate will be fixed but will vary weekly based on market conditions.
At launch, Ethereum offers a 2.8% annual rate, while Solana offers 5%. Rates for ADA and DOT will be visible in the Earnings section once they are added. One of the major benefits of this feature is the flexibility it offers—funds are not locked or frozen, and there is no minimum deposit or balance requirement.
Currently, around 600,000 users are registered to receive weekly earnings for saving in stablecoins, and this new step extends the benefits to four popular tokens on the platform. Bitso, with over 8 million customers, is a leading financial services firm in Latin America powered by crypto.
Established in 2014, Bitso provides a regulated digital platform for buying, selling, holding, and transacting over 50 virtual currencies. Its Bitso Business segment caters to institutional clients and offers infrastructure for cross-border payments with cost-efficiency and transparency.
With just a few taps in the app, users can effortlessly grow their wealth while Bitso takes care of everything for them. The company is committed to providing universal access to the digital economy and enabling a fairer monetary system.
