Mode Banking: New feature called ‘Bitcoin Jar’
- Announce that rolling out a brand new interest-generating product for Bitcoin, alongside a new app redesign for 2020
- Making Mode one of the most attractive mobile banking apps to buy, store, and grow Bitcoin in the UK
- Through new feature called ‘Bitcoin Jar’ holders of Bitcoin can start earning interest on their Bitcoin
- Bitcoin Jar aims to give people access to higher-interest earning products than those they accustomed to by offering a 5% APY
- Generate interest by working through partnerships with market-leading institutional lending providers including New York-based Celsius Network
- Celsius Network generates yield by lending out Bitcoin and other digital assets to carefully vetted borrowers
