What Users Say About...

Overcoming Traditional Banking Challenges with Juno. Finance

The world of finance is rife with issues that often leave customers feeling frustrated and disadvantaged. For example, an acquaintance of mine recently had all of his accounts at a certain national bank shut down for reasons they have yet to reveal to him, locking up over $200k in his business accounts for 6 months! Conventional banking systems, with their complex processes, low-interest rates, and frustrating customer service, are no longer meeting the needs of the modern-day user. Moreover, the emergence of digital assets, while promising, brings with it risks associated with rapid value fluctuations and lack of government-backed protection.

I personally started delving into the world of cryptocurrency early this year, heading up what has been a rather steep learning curve to understand how cryptocurrency works and the possibilities it holds. One of the first challenges I faced was how and where to buy cryptocurrency.

Enter Juno. Finance, a revolutionary platform designed to counter these problems head-on. Juno aims to bridge the gap between traditional banking and digital assets. In the Juno platform, I can hold both fiat and crypto currency. And unlike conventional banking systems, Juno offers a user-friendly portal to the world of digital finance, in partnership with Synapse Partner Financial Institutions. This platform is already trusted by over 300,000 members.

With Juno, I can automate my savings through Direct Deposit and up to 5.00% on cash, which I can utilize for bill payments or just growing my savings.

While Juno offers incredible benefits, it's important to note that digital assets are highly speculative in nature, involve a high degree of risk, and can rapidly and significantly decrease in value. They are not protected by FDIC insurance or any other government-backed or third-party insurance.

What I Like

The ease with which I can buy various crypto coins and have them all show up in one place. I also like that I can arrange for direct deposit into my account, pay for certain bills using crypto, and make purchases from well-known retailers.

What I Dislike

The Plaid connection between the Juno account and my other accounts has consistently failed to work properly. Contrary to what is stated on their website, support is not in real time and has yet to be able to figure out why.

Final Verdict

While I am still learning all the possibilities with Juno, overall I my experience has been good with purchasing various crypto coins which I can then send out easily for investment projects I find interesting.