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Save Crypto Asset Stablecoin USDT/USDC at the Door Earn 15% APY

PT Pintu Kemana is known by the brand name Pintu, platform buying and selling and investing of crypto assets, offering to Pintu users only this March 2022

For Pintu users who store USDT (Tether) or USDC crypto assets in the Pintu Earn feature, they will be rewarded 15% AAnnual Percentage Yield (APY) or hourly crypto assets will increase by 0.00159547%.

Timothius Martin, Chief Marketing Officer of Pintu, said that this program is something that Pintu users have been waiting for.

“We always monitor and collect all suggestions and criticisms given so that we can always improve and provide innovation and the best service for Pintu users,” said Timo in a press statement, Thursday (17/3).

“For this reason, in March we held a special program for Pintu users to maximize their crypto assets in the Pintu Earn feature,” he explained,

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The door rewards a maximum of 15% Annual Percentage Yield (APY) where in the previous months they only received 4% APY in return.

The crypto assets stored in the Earn Doors are two stablecoins, USDT or USDC which are suitable for beginners who want to invest in crypto assets and grow their assets.”

Quoted from Pintu Academy, stablecoin is a crypto asset that is specifically designated or pegged to a specific asset such as, the US dollar currency or another commodity such as gold in a 1:1 ratio.

However, once this exchange rate is set for a particular asset, the value of that crypto asset can fluctuate and technically the value of that asset may differ from that of the pegged asset.

Simply, stablecoin as a crypto currency that bridges crypto assets with certain commodities so that they can offer relatively stable prices because they are supported by reserve assets.

stablecoin it basically combines the advantages of crypto assets and fiat currencies or native assets with fast transaction processing and maintaining the security or privacy of crypto assets, and the value of fiat currencies or native assets.

“Stablecoins are not only suitable for those who want to try to start investing in crypto assets, based on our internal data, indeed, the use of the Earn Doors feature, especially on USDT & USDC crypto assets, showed an increase in the period 1 to 7 March 2022 and reached 39%,” said Tiom.

“In addition, since it was launched in December 2021 until last February 2022, in just three months there have been more than 20 thousand unique users who utilize Earn Doors to grow their crypto assets.” said Timo.

The Pintu application holds a special promo program by giving a reward of 15% APY or Annual Percentage Yield is an annual bonus that can be obtained by someone from an investment instrument owned.

This special promotion is valid for all Pintu users who have stored USDT/USDC crypto assets at the Earn Doors or who are doing top-ups for the first time and storing their assets at the Earn Doors during the promo period, which is from March 1 to 31, 2022.

After entering the month of April onwards the reward percentage will return to 4% APY. For more information about this program, please visit the following link https://door.co.id/blog/promo-earn-maret-apy-15. (RO/OL-09)