What is the difference between Regular and Savings accounts in PointPay Blockchain CryptoBank
Regular Account is convenient to use on a daily basis. Members may receive and send funds in cryptocurrency an unlimited number of times. Savings Account is ideal for storing funds and pays daily interest. However, it’s only permitted to transfer funds from it three times per month. If funds are withdrawn from the Savings account more than three times in the current month, interest rates for all cryptocurrencies will be removed until the following calendar month.
What operations can be performed with Regular account in the PointPay Blockchain CryptoBank?
You can top up accounts with an amount not less than the minimum (indicated on each corresponding account); Make transfers between Regular and Savings accounts in the PointPay Blockchain CryptoBank; Make transfers between PointPay users accounts and withdraw to external third-party wallets.
Do I earn any interest on my regular account?
No, regular account doesn’t have any earn program. If you want to get interest, use savings account.