New Online Wallet "Land Wallet" with 2.5% Annual Interest
New Land Wallet with 2.5% Annual Interest
Land-FX has announced that the broker has started to provide the online wallet “Land Wallet”.
The “Land Wallet” allows you to manage your own funds by storing them in the fund wallet on MT4 and MT5.
Also, if you apply for a deposit with your Land Wallet balance, you will receive up to 2.5% interest rate benefits.
By opening your own “Land Wallet”, you can move the funds in MT4/MT5 to your wallet and store them.
The fund transfer is completed in real-time.
Deposit fixed amount to earn Interest Income
You can apply for a fixed deposit to the balance on the Land Wallet.
Land Wallet offers interest rates from 0.3% up to 2.5% depending on the deposit period.
Here are the main conditions of fixed deposit for Land Wallet:
Deposit period | From 7 days minimum to 12 months maximum |
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Number of accounts with Land Wallet | Up to 5 |
Maximum Deposit Amount | Up to $50,000 per user |
The base currency of Land Wallet is USD.
Based on the application date, the deposit period will start the next day.
Interest will not be paid if the contract is canceled within the deposit period.
In accordance with Land Wallet’s terms of use, if there is no certain transaction volume in the MT4 and MT5 accounts.
Sign up for Land-FX to open Land Wallet
Annual Interest Rate for users of Land Wallet
The annual interest rate you can earn through Land Wallet’s service depends on the number of periods you have the funds in your accounts.
Please see the table below for the details of annual interest income for the users of Land Wallet.
7 days | 0.3% |
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15 days | 0.5% |
30 days | 1.2% |
3 months | 1.5% |
6 months | 1.8% |
9 months | 2.1% |
12 months | 2.5% |
No interest will be accrued after the set period has expired.
Deposit interest will be accrued from the day after the application for deposit.
If the deposit is canceled before the maturity date, Interest will be invalidated and the principal will be returned to Land Wallet.
There are no conditions for interest rate generation
When applying for withdrawal from your MT4 and MT5 accounts, if the withdrawal does not meet the transaction volume for the deposit amount, the deposit fee paid by Land Wallet at the time of deposit will be deducted from the withdrawal amount.