Gelt Reviews 11

Fraudulent
Counterfeit
Bogus
Phony / Phoney
Imitation
Sham
Fabricated
Forged
Knockoff
Spurious
Pretend
Pseudo
Fraud
Swindle
Con / Con job
Hustle
Rip-off
Grift
Hoax
Scheme
Racket
Bait and switch
Sting (in some contexts)
Deception

Gelt is probably the most addictive finance app I’ve ever seen because you can literally see your money growing in real time every second.

While I’m at work I typically have the app open in another tab and just watch it earn me passive income while I do my day job haha

I don’t understand why other high yield savings accounts don’t do this.

Only thing I wish they would show me is how much I’ve earned and like projected total earnings for like 12 months from now.

Besides that love the product and the customer service has been great.

I’m a finance guy with a traditional banking background and you’re not going to find a better risk adjusted yield for your savings than Gelt.

I’ve been looking for an easy DeFi savings solution but all the other apps and wallets are using tech stacks that create way too much exposure for my saving account preferences.

Gelt doesn’t get the most APY, but it is one of the best yield to risk ratios I’ve seen which made it my first choice.

So far I’m getting about 7% APY on average and can withdraw funds in a couple of business days which is great if I need to get liquid due to an emergency.

Only wish they had an increased cover or let me do this for my business lol

Signed up for this app about 4 months ago. Got an invite from a friend. My KYC didn’t go through the first time so customer support reached out proactively to help. Great experience.

Made a deposit and it took about two business days to transfer. Started earning interest immediately which was sweet.

Fast forward to today and crypto is nosediving but my Gelt account is still earning me about 5 - 6%. It's about the only thing in my portfolio that is green lol

App is a little clunky since it is browser only but the yield is worth it.

A couple of months ago I switched from another DeFi savings app to Gelt. I was worried the other app wasn’t keeping my funds safe and Gelt’s cover and other precautions looked better.

Seriously, thank god I switched.

The other app is called Donut and it was using UST to generate yield and it lost millions of users dollars when UST depegged.

I would have lost a some of my savings if I hadn’t switched and I have friends that did. Thank god I did. Dodged a bullet.

Anyway, super happy with Gelt. I’m making about $20 a week and sleeping peacefully knowing my savings are safe.

Now that I've discovered Gelt, I won't be using DeFi directly. Not only do I not have to buy cryptocurrency on an exchange or use a wallet, but I don't have to pay a variety of high fees or worry that my funds aren't insured. I've never seen an easier way to access DeFi (and I've looked!), nor have I encountered one with better customer service.

answered my q's, thanks

Deposit took a bit to clear but the customer support was really great. I don’t know a ton about defi but they answered all my questions and now I’m earning like 7-8% interest. Worth it for sure.

Got free $5 to start with and brought $1000 of mine. Growing at average 7% so far! The max I seen was little above 9% and min little above 6%. The support is definitely supportive and easy to get it. The web app is pretty stable.

The company does what it says it is going to do. I deposited $300 a couple of weeks ago and I'm now at $302.343etcetc

it's not going to get me to retire early but it's fun to see the money growing every time I login.

Also it's definitely more than what the banks are giving me (negative because of the fees).

I wouldn't put all my savings in there until I get a better idea of how it's working but definitely a neat little bump and worth trusting with a few ks.

I enjoyed learning about how to make some lower risk return in the Crypto space.