Ace Wallet is pleased to announce that its parent company, Maxi Anchor Capital Limited, received in-principle approval from the Labuan Financial Services Authority to continue its business of money-broking and payment services. 

Ace Wallet is an all-in-one cryptocurrency super wallet that allows users to store their cryptocurrencies securely. It was officially launched on February 19, 2021. 

Ace Wallet’s key feature is that it allows its users to earn interest on the cryptocurrencies deposited. Ace Wallet is able to provide its users with an attractive yield of up to 14% APY on their crypto assets because Maxi Anchor operates a cryptocurrency arbitrage trading desk that is able to generate risk-free monthly returns on the cryptocurrencies deposited at Ace Wallet. 

Instead of loaning out the cryptocurrencies like many other similar platforms do, which still carries low risk, Ace Wallet is able to leverage the expertise of Maxi Anchor within the wholesale cryptocurrency money market to generate risk-free yields and distribute part of this yield to its users in a win-win situation for the Ace Wallet ecosystem. 

Ace Wallet also has plans to offer a loan service to its users where they will be able to get a loan from Ace Wallet using their cryptocurrencies as collateral. 

At the moment, Ace Wallet is in the midst of boosting the number of supported cryptocurrencies on the platform so as to be able to benefit more cryptocurrency investors. Ace Wallet currently supports the major cryptocurrencies such as Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Binance Coin (BNB), Tether (USDT) and Binance USD (BUSD), and has currently added Dogecoin (DOGE) to the list. 

To commemorate the addition of DOGE, Ace Wallet will launch a campaign where depositors of DOGE during the promotion will receive a free airdrop of Double Ace tokens (DAA), on top of a 6% APY in DOGE on their DOGE deposits on Ace Wallet. The promotion will commence on July 1 and users can deposit their DOGE into Ace Wallet’s DOGE program anytime between July 1 and 15 to qualify for the free airdrop and 6% APY. 

Other than the above time-crucial event, holders of DOGE or any other supported cryptocurrencies at Ace Wallet are not only free to deposit their coins to earn attractive yields, but also withdraw them anytime. 

For more information regarding the DOGE program and airdrop, please contact Denise here.

For more information on Ace Wallet, please visit here.

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