Brew Money is a non-custodial wallet that helps you earn up to 10% APY using decentralized finance.
This means when you add your funds to Brew Money's wallet, we don't hold custody of your funds, you do - at all times. #YourKeysYourCrypto.
When you add your funds into your Brew wallet, you can always see the protocol where these funds are deposited.
We've no lock-ins.
You can withdraw your funds anytime. We don't charge a transaction fee when you deposit or withdraw.
Your funds are converted into stablecoins and invested in Blue-Chip DeFi protocols such as Aave and Balancer.
We have launched our beta version on iOS available in the US ( except for NY & TX ) and are onboarding users on the app who are earning up to 10% APY.
Deposits take about 3-4 minutes. The roadmap is to make this instant. However, while the deposit is in process, you can either play the game that shows up. I must warn you it's not easy to win, or you could explore the app. Once the deposit is complete, the transaction is shown under the "Transactions" section of the app
We currently support deposits only via debit cards - VISA and MasterCard through Apple Pay. Here's a Youtube video explaining the same.
Please visit - https://support.apple.com/en-in/HT204506. If you have any questions, reach out to us and we would love to help you.
Please don't worry, the deposit is in progress in the background, and once successfully completed, the transaction details will reflect under the "Transactions" section on your app.
1-When you initiate a deposit; your funds are converted from USD to USDC - a Stablecoin fully backed by U.S. dollar assets using Send Wyre.
2-The USDC Stablecoins are deposited into Blue-Chip DeFi Protocols such as Aave & Balancer.
You can make a deposit anytime in the Brew Money App.
You can withdraw your funds anytime. There is no lock-in.
-Click "Connect bank account securely."
-Add your birthdate and proceed.
-We use Plaid for establishing a connection with your bank. Select your bank account > add your credentials.
At no point, your credentials are shared with Brew Money.
-Once your bank account is connected, click on "Transfer funds to your bank".
-Enter the amount you would like to withdraw and click withdraw.
It takes about 3-4 days for the funds to reflect in your bank account after withdrawal.