Frequently Asked Questions
Everything you need to know about SafeBank and your crypto bill buffer
SafeBank is a platform that helps crypto traders and enthusiasts automate their USDC bill buffer. We help you set aside funds for your monthly expenses, earn passive yield on those funds, and trade with peace of mind knowing your bills are covered.
SafeBank automatically sets aside the USDC you need for your monthly bills. We recommend keeping a 3-month buffer to ensure your financial obligations are always covered, regardless of market conditions.
Safety is our top priority. Your funds are stored in secure smart contracts that have undergone rigorous auditing. We use established yield protocols to generate returns while maintaining high security standards.
Yield rates vary based on market conditions, but we target stable returns by using a diversified set of well-established DeFi protocols. You can view current and historical yield rates directly in your dashboard.
Yes, you have full control over your funds at all times. There are no lock-up periods, and you can withdraw your USDC whenever you need it.
Unlike traditional banks, SafeBank is built for crypto-native users who want to maintain their assets in stablecoins while ensuring their real-world expenses are covered. We offer higher yields than traditional savings accounts and operate with full transparency.
No, SafeBank is designed to be accessible to anyone familiar with basic crypto concepts. Our interface is intuitive and user-friendly, making it easy to set up and manage your bill buffer.
Currently, SafeBank operates on Ethereum and Solana for maximum security and flexibility. We plan to expand to other major chains in the future based on user demand and security considerations.
SafeBank charges a small percentage of the yield generated, but your principal remains untouched. Our fee structure is transparent and clearly displayed in your dashboard.
SafeBank is currently in beta. Join our waitlist on the homepage to get early access to the platform. Once invited, you can connect your wallet, set up your bill categories and amounts, and deposit your initial buffer.
Still have questions?
Our team is happy to answer your questions about SafeBank and how we can help you manage your crypto finances.