PrimeXBT opens Covesting Yield accounts
PrimeXBT, a fintech company that offers trading in FX, cryptocurrency and other instruments for traders and investors, has announced the launch of Covesting Yield accounts that will help platform users generate passive income by investing in earning assets.
The account offers users the technology to make it easy to invest in the best DeFi protocols such as Uniswap, Compound and Curve, without needing to understand complicated technology or connecting their own wallets to relevant decentralized exchanges.
Users will trade and invest in Forex, Cryptocurrencies, Stocks, Commodities and use income-generating assets from one UI, making it a very convenient way to generate passive income over a long time.
By using this tool, users will be able to use their unused cryptocurrency assets to generate profits of up to 10% in the current market conditions. The platform will be very transparent and allow users to understand what they are investing in and display the expected returns on assets at the time of investment so that the user knows what to expect before investing in a specific instrument.