It’s no longer news that banks and crypto platforms have been compared a lot by people. Let’s look at some common factors which the Oyola platform and banks are often compared by and what makes Oyola better than traditional banks.

• RATE OF RETURN

Traditional banks as a result of today’s economic uncertainty and inflation, offer their customers zero or low interest rates when they put their funds in a savings account, while Oyola offers all users a 5% APY when they hold USDT in their Oyola wallet.

• TRANSACTION TIME

We all know how frustrating it is to wait in long queues at the bank just to deposit money and even longer lines at the ATM stand when you want to withdraw your money. With your Oyola wallet, you can quickly send crypto to any wallet of your choice and also easily pay for products and services at supported stores and vendors.

• BORDERLESS TRANSACTIONS

Say goodbye to long wait times when sending money overseas. With Oyola, you can now easily send payments using crypto equivalents like BTC, USDT, ETH and BNB, faster to other crypto wallets around the world. You don’t have to worry about FX rates and converting your local currency to foreign currencies.

As opposed to traditional banks, Oyola is your go-to platform for buying, selling and transacting with crypto. Visit www.oyola.io to beat the bank queues and transact faster with crypto.