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Come on! Save Crypto Assets like USDT & USDC at the Door

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Currently, there are various options for investing, from investing by saving in a bank, buying gold, to capital market instruments such as stocks. However, recently there is a new alternative investment option that is being discussed, namely cryptocurrency.

Crypto assets such as Bitcoin, Ethereum, and other crypto assets are the choice for investing. These crypto assets are known for their price volatility, but there are some crypto assets that are known as stablecoins, and these are designed to have value in reference to specific commodity assets.

Quoted from Pintu Academy, stablecoins are crypto assets that are specifically designed to have the same value as certain assets. Examples are the US dollar, or other commodities such as gold. In simple terms, stablecoins are cryptocurrencies that bridge crypto assets with certain commodities.

It can offer relatively stable prices because it is backed by reserve assets. Stablecoins also have various advantages such as allowing their owners to transfer crypto assets cheaply and quickly around the world like other crypto assets.

This stablecoin 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 real assets.

“In the cryptocurrency world, there are two stablecoins that can be called pioneers, namely Tether and USDC. Tether or USDT itself is one of the pioneers of stablecoins that were launched in 2014,” said Timothius Martin, PINTU Chief Marketing Officer.

Timothius Martin further explained that every USDT released will be guaranteed with the same amount of US dollar reserves. For now, you should know that USDT is one of the most popular stablecoins by market cap.

“As for USDC, launched in 2018, it is a stablecoin jointly managed by cryptocurrency companies Circle and Coinbase. USDC is 1:1 in value to the US dollar and is the second largest stablecoin by market cap.” explained Timothy Martin.

Meanwhile, for beginners who want to start investing in crypto assets, stablecoins can be the first step in investing, stablecoins such as USDT or USDC can be choices that have less volatility risk, while equipping themselves with more information about various crypto projects that they want to invest in. .

Interestingly, the Pintu application now offers investments that users need to know about. In the Pintu application, investors can also take advantage of the Pintu Earn feature which will provide an hourly bonus interest on stored stablecoins. So the crypto assets continue to work and add value.

Pintu Earn is the newest feature of the PINTU application. Through this feature, PINTU users can get an interest bonus of up to 4% APY (Annual Percentage Yield) which is paid every hour simply by storing crypto assets in the Earn wallet.

In addition to providing interest, Pintu Earn provides flexibility for users, where PINTU users can withdraw balances from the Earn wallet for trading needs at any time when needed. There is no additional charge for depositing, top up and balance withdrawal from Earn Doors.

“Currently Door Earn itself is supported by a choice of six tokens, including Bitcoin, Ethereum, Doge, BNB, USDT, and USDC. With the Earn Doors, investors can also apply the Dollar Cost Averaging (DCA) strategy or invest regularly in the same amount on a regular basis,” concluded Timothius Martin.

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