Gelt

2261 Market Street, 94114, San Francisco, United States
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5.00
Based on 10 Reviews

5

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About Gelt

Gelt is the leading savings product at the intersection of traditional and decentralized finance (DeFi). Gelt is self-custodial so you provably retain full control of your funds at all times and know exactly how interest is generated. Gelt is audited by Quanstamp and covered by Nexus Mutual up to $100,000 per user.

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Cody McGuffie
US

I leave it open in another window at work 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.

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Koby Conrad
US

I’m a finance guy with a traditional… 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

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Leonard Bogdonoff
US

Crypto is tanking but Gelt is still making me gaaains 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.

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Aliya Yano
US

Earning ~$20 a week. My Marcus account didn’t even make that all of last year. 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.

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Maren Powell
US

Most user friendly DeFi app I've seen 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.

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