Watch your capital grow daily.
No fees or foreign exchange risk.
Earn with as little as $25.
Withdraw when you want.
Start Earning in under 5 minutes.
How does Finder Earn work?
When you use Finder Earn, you convert your Australian dollars into TAUD stablecoins and these TAUD stablecoins are then lent to us. In exchange for lending us your capital (that is, your TAUD stablecoins), we will pay you a fee of 4.01% p.a.
Finder Earn is not a banking product or a savings account, and we are not investing on your behalf or managing your capital. It is offered exclusively through the Finder app and powered by Finder Wallet Pty Ltd. There are no fees for using Finder Earn, and you are free to withdraw your capital at any time.
It's important to understand that Finder Earn does not come without risk. When you lend us your capital, you transfer ownership of the TAUD stablecoins to us. If we become insolvent or subject to hacking or some other cybersecurity event, then you may incur partial or total loss of the capital. If we become insolvent, you will be an unsecured creditor in relation to your capital and any accrued returns.
Finder Earn also takes advantage of a unique category of cryptocurrencies called "stablecoins". Unlike other cryptocurrencies you might have heard of such as Bitcoin, stablecoins are rarely volatile, meaning they don't often fluctuate in price. This is because they are typically "pegged", "backed" or "collateralised" against the corresponding currency or asset they aim to reflect, digitised in the blockchain ecosystem. However, stablecoins are not official currencies, nor are they endorsed or insured under any government guarantee program.
The minimum deposit is $25 and the maximum balance you can hold is currently set to 50,000 TAUD. Once your Finder Earn balance reaches 50,000 TAUD, you will no longer be able to convert and transfer additional capital, but this does not limit the daily TAUD earnings that will be paid into your Finder Earn balance, and your earnings will continue to accrue and compound each day.
When you allocate an amount of Cryptocurrency to Finder Wallet for the Cryptocurrency Earn Option, ownership of the Cryptocurrency will pass from you to Finder Wallet. Finder Wallet, or a third party, will hold and secure the Cryptocurrency.
If Finder Wallet, or the third party becomes insolvent, or is subject to hacking or some other cyber security event, your Cryptocurrency may be jeopardised and you may incur partial or total loss of your cryptocurrency.
2. Credit risk
You do not maintain a legal interest in the Allocation or Cryptocurrency, as defined in our Terms of Service, and we do not hold Fiat currency in a trust account. Accordingly, if Finder becomes insolvent, you will be an unsecured creditor in relation to your Allocation, Cryptocurrency or Fiat currency held with us. Your capital is also not protected under the Financial Claims Scheme (FCS).
Trading and holding Cryptocurrency has a high level of risk. Cryptocurrency is a volatile asset, and you can incur losses. Though generally less volatile, stablecoin categories of cryptocurrency carry risk and may lose some or total market value. You should only trade Cryptocurrency if you fully understand and agree to the risks.
4. Complex tax advice risk
Buying, selling Cryptocurrencies for profit, and receiving a Return raises novel taxation issues. You will need to be prepared to talk to a tax adviser if you use our services. We suggest you seek independent taxation advice prior to purchasing Cryptocurrency or earning a Return.
5. Independent Financial Advice
We suggest you seek independent financial advice prior to purchasing Cryptocurrency or earning a Return.
6. Not Exhaustive
This is not an exhaustive list.