HaruInvest Review

Singapore-based crypto wealth management platform Haru provides significant returns on your cryptocurrency investments, with a maximum of 25%. As we continue our investigation of Haru Invest, we’ll look at some of the dangers investors should be aware of. Is Haru a safe investment vehicle? Our Haru Invest review will answer this question.

What is Haru Invest?

Blockchain investment fund, Block Crafter established Haru in 2019 as a business unit and received regulatory approval in the British Virgin Islands to manage cryptographic assets.

Statistical information on Haru’s performance is not available from the platform itself. Neither the number of active users nor the amount of money being managed is available. Despite this, we were able to find the average annualized returns for the Haru Explore product, which ranged from 15% to 20% pct.

Features

In this section, we’ll examine Haru Invest’s features in further detail and see why so many crypto investors rely on it to earn interest in their holdings.

Other users can borrow locked-in monies from the platform on most earnings-based platforms. Returning to the interest lenders pay on the money they lend you. Haru Invest is an anomaly. Instead, they operate like a broker or financial trading platform, managing your crypto investments with algorithms and hand-picked investing methods.

They aim to minimize risk while maximizing returns for investors by focusing on minimizing risk.

To maximize profits while minimizing risk, Haru Invest makes use of arbitrage and spread trading. In addition, the company has its in-house trading staff and works with established trading partners.

Services

• Crypto savings account

They’re called Haru Earn Explore and Haru Earn Plus, respectively, to distinguish them from other types of cryptocurrency savings accounts. Locked coins can yield a lot of interest with these applications. The staking program offered by various protocols and crypto exchanges is very similar to this one. With Haru Invest, on the other hand, you stand to make significantly more money.

• How are Haru Earn Explore and Earn Plus different?

With Earn Plus, you’ll get a fixed APR of up to 15% on your earnings. In addition, the detention time ranges from 15 to 365 days. APRs of up to 25% are possible with Earn, whose rates change every two weeks. One to three months is also the lock-up period.

• Crypto investment account

Additionally, Haru Invest offers fully automatic crypto savings that handle every aspect of your investment for you. It is, therefore, possible to let go of control of your investments, knowing that they’ll be made wisely for you by the software.

Other services

• Switch

Customers can use the Switch feature to swap their crypto (BTC, ETH, USDT) to reduce gas and transaction fees without having to leave the platform.

It is possible to switch between two different sorts of switches, the Market Switch, and the Limit Switch.

1)    Market switch

Like a market order works in trading, “Market Switch” will quickly swap your crypto at the market price. Inexperienced traders and those short on time can benefit from this option, as it is a straightforward swap to complete.

2)    Limit switch

You can set the price you want to switch crypto with Limit Switch. To complete the Swap, the market must first reach your set price. This is an excellent choice to get the best price for your switch if you’re not in a rush.

• Haru Freeze

It is a new product from Haru Invest that allows you to invest in digital art and uncover new investing opportunities (NFTs). By “freezing” their Haru Earn Plus items, users can turn them into Frosts and Crystals. Earn Explore fees can be reduced or boosted by using Crystals, which can be purchased for a small fee.

Interest rates

It is possible to gain even more money from cryptocurrency investments with Haru Earn Explore. Algorithms monitor the market and the investments made by Haru Invest’s crypto-trading partners. Several interest-generating choices, ranging from 21.5% to 25%, are included in Earn Explore (a target rate) which is quite impressive compared to the SmartFi crypto price.

To participate in Earn Explore, you must deposit at least $10 in Bitcoin and pay fees only when your APR return exceeds 15%. We’ll go into further detail about fees at the bottom of the page.

To receive better and more consistent returns, go with Earn Plus, while Earn Explore is a better bet if you want to go for higher ones.

Haru Invest rates

This platform offers a total of four different investing opportunities. While HI WALLET’s interest rate is lower than HI EARN’s, it also comes with less risk. You can earn anywhere from 7% to 40% interest, depending on how much risk you’re willing to take.

Haru earn rates

There is no lock-up time or instant liquidity with Haru Earn (Wallet), making it a simple “savings account” product. Your Haru wallet is accumulating interest daily. In terms of risk, this is Haru Invest’s lowest-risk product, with a lot of flexibility and attractive interest rates.

You can expect to make the following amounts:

• 6% APY on both Bitcoin and ETH
• 7.1% APY on USDT

The Earn Plus package provides daily interest payments of up to 17% per year. For this solution, you may choose a lock-up period ranging from 15 to 365 days for your assets.

Each of the numerous investing methods in Earn Explorer pays monthly dividends.

Depending on the asset type (crypto) and the lock-up duration (ranging from 1 to 12 months), the yield might be anywhere from 0% to 100%.

As previously indicated, the platform provides three distinct product services:

• Earn like the best
• Surf volatility
• Beyond stalking

You may start using the Haru Explore techniques with just 10 USDT; therefore, it’s worth mentioning that the minimum investment is incredibly low.

That being said, Earn Explore does not guarantee a precise return but rather provides an estimated expected yield. If you’re curious about how a particular approach has fared in the past, look it up in the “performance history” section.

Wallet

If you want to invest, Haru Wallet is your first choice. This will be the default option after you deposit money unless you change your investment options. Up to 7.3%, APR is possible.

Deposits and withdrawals can be made at any time and from any location. Daily, you’ll receive interest.

Your interest rate will vary based on the type of cryptocurrency you invest in. The interest rates of Bitcoin, Ethereum, and Tether are all different.

Cryptocurrencies

Haru Invest accepts the three most widely used cryptocurrencies: Bitcoin (BTC), Tether (USDT), and Ethereum (ETH).

They now support just three cryptocurrencies, and no plans exist to add more.

Fees

The Haru Wallet and other Haru products, such as Haru Earn Plus and Haru Earn Explore, are free to use (fees apply only when the APR return exceeds 15 percent ).

Other platforms and exchanges like SimpleSwap and SpectroCoin wallet, may charge users fees when sending funds to the Haru Wallet. Haru Invest does not have an option to acquire cryptocurrency with a credit or debit card or bank transfer like Bitcoin loan instant.

On the other hand, withdrawal from Haru Invest is subject to costs. The fees you pay will vary according to the type of cryptocurrency you are withdrawing:

There are now:

• 0.0001 Bitcoins in circulation.
• Tether (USDT): 0.005 ETH BTC: 1 BTC.

Haru Invest withdrawal fees

Account opening, depositing, and withdrawing is all free of charge. You can find your Haru invest referral code on the referral option to enjoy some interest.

Mobile & App

The Haru Invest platform is not only available on the web but also for iOS and Android smartphones via App Store and GooglePlay.

With the Haru Invest app, investors can keep track of their investments on the go. It also has unique features that allow you to follow the performance of your assets (using app notifications), log in securely with biometric verification and even decrease eye strain by allowing you to go to a dark mode.

Is Haru Invest legit?

No, Haru Invest is not a scam hence answering the “is Haru Invest legit?” question. Block Crafters, a well-known South Korean blockchain company, launched the project. On February 23, 2021, it also launched a Government-approved fund as a sign of its credibility. Block Crafters is one of Asia’s most reputable blockchain companies.

Finally, the team’s identity is not a secret. They freely post images and other details about themselves on their website and social media pages. Consequently, “is Haru invest safe?” The question has been answered.

Contact & Support

You’ll have a great experience with customer service. Their support will cover all of your queries and provide more clarity to some of the material you might not be able to locate on the website if you use the platform’s live chat option. There might be a five-minute wait for a response within business hours.

Conclusion

There are several advantages to using Haru as an experienced crypto trader or asset owner. Their products and services may sound like something out of a science fiction movie to those unfamiliar with cryptocurrency. You should be aware of Haru’s high-risk investing opportunities, which can return up to 35% annually in interest.

Haru Invest is a wonderful crypto trading place to start if you’re looking to get more out of your crypto assets and holdings. You can earn an interest rate of up to 7.1% without a lockup period (via the wallet). The Haru Earn Plus and Haru Earn Explore programs, which offer interest rates (APRs) up to 25% more significant than the industry average, are available to those who want to earn even more but are willing to lock up their assets.

Haru Invest’s in-house trading team works with some experienced and proven crypto partners and utilizes high-frequency algorithmic trading to reduce risk and increase your earning potential. They are experts at managing crypto investments and their in-house trading team. A safe and secure mechanism for generating interest on crypto loan assets and holdings appears to be in place.