What is AQRU?
The purpose of Aqru.io is to give investors a simple solution to store and benefit from their cryptocurrency holdings. The platform would provide interest rates ranging from 7% to 12% only for being the protector of your digital assets. Moreover, Aqru.io is a user-friendly website that minimizes excessive financial and crypto terminology, and revenues may be tracked in real-time.
As a platform set to start in Dec 2021, it will have a lot to demonstrate to its competitors in the market. It varies from most others, though, due to its platform philosophy. With the team’s experience and skills, it claims to provide the finest user experience while providing the best profit on showing a significant increase in the decentralized financial sector. The result will be a publicly accessible ecology.
Numerous digital currencies are accepted on the platform, like Bitcoin, and stablecoins like USDT, USDC, and DAI are linked to fiat currencies but keep their value. To take part in curated products that will provide a return, customers can convert their dollars into a cryptocurrency commodity that can be stored in a secure wallet. Fire blocks, a technology used by more than 70 banks worldwide, has been integrated into the AQRU platform’s wallet architecture, providing an additional layer of safety for investors’ funds.
Where is AQRU located?
The headquarters and regulatory authority for Aqru are both in Bulgaria. There is a brick-and-mortar location at 9 Tsarigradsko Shose, 1124, Sofia, Bulgaria, and its registration number is 206651201. Accru Finance Limited is the official name. The company was established in 2019 in London, U.K.
Who created AQRU?
An experienced team of investment, payment and technology experts created AQRU. Phil Blows is the chief executive officer and co-founder of AQRU, a DeFi company that helps institutional and retail clients earn high-interest rates on their cryptocurrencies.
How to buy AQRU crypto
For digital assets stored in its crypto savings account, AQRU, like many other crypto investing platforms, offers competitive interest rates. Interest rates on this site are far greater than those provided by banks and other conventional investing services.
- There is a current cap on the total supply of tokens on the AQRU cryptocurrency savings platform. The platform only allows for the use of five different cryptocurrencies at this time. They are USDC, USDT, DAI, BTC, and ETH, of which three are stablecoins, and two are not.
- You can use the AQRU website or the corresponding mobile app (iPhone and Android).
- Although a few Know Your Customer (KYC) checks are required throughout the signup process, it’s manageable.
- The AQRU platform is straightforward to grasp once you’ve signed up. The program incorporates a built-in cryptocurrency wallet for easy exchange of digital currencies. To add funds to your fiat wallet, you can use a bank transfer, a debit or credit card, or even a gift card. Please be aware that AQRU has a $100 minimum deposit requirement.
- If you make a cryptocurrency deposit to the AQRU platform, you should receive a confirmation within 20 minutes. Based on our experiments, we can confirm that AQRU can promptly and reliably recognize cryptocurrency deposits.
- In general, the processing time for fiat deposits is determined by the sending bank. Transferring money to cryptocurrency platforms can be slowed since many banks perform extra checks. Keep calm and check with your bank to see if the transfer has been delayed while it undergoes internal fraud checks if you encounter a lag.
- Once you have money on the site, you can save, invest, or trade it for anything else.
How to withdraw from AQRU?
- Select an asset – Select the crypto you want to withdraw.
- Enter Amount – the Amount you would like to withdraw.
- Withdrawal Address – the address of the external wallet.
AQRU interest calculator
On the main page of AQRU, you can use a handy interest calculator to get an idea of how much money you could make by investing. Simple instructions are provided below for using the interest calculator.
- Check out the AQRU website.
- You may find the calculator on the AQRU homepage toward the bottom.
- The Amount you are considering investing can be entered in the appropriate areas after you have chosen your preferred fiat currency.
- Next, decide which digital currency
- you want to put your money into.
- The calculator can estimate the return on a one-month, 12-month, 24-month, or 36-month investment.
- Select the month you’re interested in to see the expected returns for that period.
How to trade in AQRU?
Interest can be earned on a user’s digitized assets using AQRU. Daily payouts in BTC, ETH, USDT, USDC, and DAI stablecoins make the platform’s annualized returns alluring. Here are the various interest rates available through AQRU:
- BTC (Bitcoin): 7%
- Ethereum (ETH): 7%
- Dai (DAI): 12%
- U.S. Dollar Coin (USDC): 12%
- Tether (USDT): 12%
How is the interest paid out?
AQRU pays interest in-kind, meaning users receive interest in the asset they have deposited. Based on the balance for the day, the claim is accrued and is directly credited to the user’s account. Users earn the same interest rate on the entire deposit value. Users start earning interest immediately after depositing crypto onto the AQRU platform. The interest is tracked every second and credited daily to the user’s account.
Features Of The AQRU Platform
The AQRU Platform makes it easier for people to enter the cryptocurrency market while providing a way to earn daily interest on their cryptocurrency holdings. To provide the most significant interest rates in one insured and regulated platform. AQRU set out to create the most secure and user-friendly venue to access decent returns in cryptocurrency.
Deposits can be made in GBP or EUR, two of the world’s most widely used fiat currencies, or in Bitcoin, Ethereum, USDT, or USDC, four of the most popular cryptocurrencies, and customers can earn returns of up to 12%. Individuals can deposit a minimum of €100 within 30 seconds by bank transfer to get started and then purchase any cryptocurrency they choose.
Unlike other platforms in this field, AQRU doesn’t require its users to wait any minimum amount before withdrawing their funds in crypto or fiat currency, including any interest that may have accrued. For individuals who prefer the tried-and-true security of conventional banking to the inherent volatility of the crypto market, the platform provides bank-grade protection in the form of Fireblocks, a service used by more than 800 institutions and over 70 banks to store and trade digital assets. Additionally, AQRU provides industry-leading security with a $30 million cyber insurance policy.
The creators of AQRU have needed more lousy customer service to make it a complete focus. Many consumers have reported that once locked into a crypto platform’s ecosystem, they must wait weeks for answers to crucial account queries or risk permanently shutting out of their accounts. Therefore, AQRU prioritizes providing a quick response when users contact them by staffing their support team with knowledgeable persons.
AQRU Mobile App
In addition to its web-based services, AQRU offers a mobile application. This app allows users to access the AQRU platform on their mobile devices while away from their computers or laptops. The AQRU mobile app is available on Google Play and the Apple app store. Like the AQRU website, the app supports Fiat currency and crypto deposits. With a simple design and user interface, investors will find it easy to use this app.
Pros and Cons of AQRU
Pros
- No fees on fiat deposits or withdrawals
- The interface is straightforward.
- Joining bonus of 10 USDT
- Single all-in exchange cost of 0.35%
- Regulatory status and ownership structure are clearly defined
Cons
- The number of coins supported by this platform is limited
- Not registered with FCA
- Minimum deposit of €100
- For crypto withdrawals, there is a high $20 fee
Is AQRU legit?
Yes! AQRU is legit. After January 2022, 2022 Accru Finance UAB – the company name of AQRU – fulfilled all the necessary legal requirements under Lithuanian law so that the company can legitimately act as a virtual assets service provider (VASP). AQRU is a secure and dependable cryptocurrency investment platform that enables customers to make passive income from their cryptocurrency assets. The platform only allows you to invest in a few crypto assets but compensates by providing reasonable interest rates.
Can I use AQUA in the U.S.?
Unfortunately, U.S. residents will have to wait a little longer to use Aqru.io. That’s because, in U.S. law, they have yet to become an exchange officially.
Do I need KYC with AQRU?
Yes, it does. After signing up, you must complete KYC regulations before accessing and using your account.