'Crypto Paychecks and Cashback for All' by OnJunoHQ cryptocurrency payments
, is attempting to address that complexity. But they’re not stopping at lending. OnJuno is an entire banking services app for managing your crypto and cash. And it even allows you to earn your paycheck in digital assets. This review will discuss OnJuno’s various features and how the platform holds up in the overall financial ecosystem.
The platform offers two high-yield checking accounts, each paying 1.20% in annual interest on balances up to $5,000. From there, OnJuno offers 0.25% on balances over $5,000 and up to $100,000, which is still a higher rate than the. Otherwise, OnJuno has partnered with various companies to offer 5% cashback on up to $500 spending per year.
There’s also a Metal tier for users that direct deposit $250 or more. Metal tier provides you with a physical metal debit card, alongside 5% cashback on up to $3000 in spending at their selected merchants.While OnJuno is making banking services more accessible than ever, it also offers some helpful crypto options for customers who utilize fiat and digital assets.
Not only this but OnJuno users can onramp directly from their bank accounts to Layer-2 Ethereum solutions such as Polygon and Avalanche without converting to Ether first. The same goes for offramping, with users able to convert their Polygon and Avalanche assets into their OnJuno checking account. In this same vein, users will also enjoy instant cashout through USDC. The second USDC is in their account, users can spend with their card without requiring an ACH transfer.
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