Axal lets you hold cash, Bitcoin and gold in one account. Your cash earns a variable 7.6% APY, Bitcoin can earn yield too, and you can buy real gold without a vault or broker.
| Asset | What you can do | Earns yield? |
|---|---|---|
| Cash (dollars) | Deposit, earn, withdraw anytime | Yes, about 7.6% APY, variable |
| Bitcoin | Buy, hold, sell, transfer | Yes, variable; see the current rate in the app |
| Gold (Paxos Gold, PAXG) | Buy, hold, sell, transfer | Not yet; gold yield is coming soon |
Cash
Your dollars are lent through overcollateralized lending markets, and the interest goes to you. There's no minimum and no fee. See Axal Cash.
Bitcoin
Buy Bitcoin at market quotes with no extra spread added by Axal, then put it to work earning yield without selling it. See Bitcoin.
Gold
Gold in Axal is held as Paxos Gold (PAXG). Each token represents one fine troy ounce of a London Good Delivery gold bar stored in Brink's vaults, issued by Paxos Trust Company and regulated by the New York Department of Financial Services. See Gold.
Why one app?
Most people juggle a bank for cash, an exchange for Bitcoin, and a broker or dealer for gold. Axal puts all three in one place, with one balance view and no account minimums.
What to know
Axal isn't a bank, and balances aren't FDIC insured. Bitcoin and gold prices go up and down, so their value can fall. Read Is Axal Safe?
Get started on the App Store or Google Play.