Better than Mercado Pago: a wallet that doubles your income and is more convenient than a fixed term

Amidst relentless inflation, Argentines may turn to virtual wallets like Market paymentUalá and Naranja X to pay off your account balance and generate passive returns, s lower than 60% of the nominal annual rate (TNA).

Alternatives of e-wallet There are several of them, and a constant question that circulates in the financial environment is: which of them all is suitable? For the benefit of small investors, the financial education bill transcend has an answer and it might surprise you.

Mercado Pago, ualá or orange x: Which creates more interest

transcenda site that strives to democratize and facilitate finance for all audiences, registers every month which is the virtual wallet that offers the most performance.

According to your information, Orange X leads the ranking for the month of February, with annual return of 65%. follows him Ualá, with 64.3% and, thirdly, Market payment, with 63.4%.

It should be mentioned that figures vary daily, so the contestants sometimes change places. However, this is data collected by Trascendo until February 17.

Orange X: how to earn interest

It should be noted that the interest is for the balance in the virtual wallet they are not automatic. In case of Orange X must:

• Download the app and create an account.
• Deposit funds into the account.
• On the home screen of the app, tap the box with the coin plant, then tap the purple button that says “activate.” And ready! Interests in virtual wallets: Why it is better than a fixed term

Goodbye for a while: why virtual wallets are practical

Although it is true that the returns of virtual wallets are less than the value of any bank fixed term (TNA of 75%), the great advantage lies in the fact that the money is available for usewithout paying a penalty. In other words, e-wallets have a very flexible system that allows a mismatched liquidity.