Save Crypto Asset Stablecoin USDT/USDC At The Earn Door, Get 15 Percent APY

Photo: Doc. DOOR

JAKARTA - PT Pintu Kemana Saja, known by the brand name PINTU, a crypto asset trading and investment platform, is offering PINTU users only in March 2022, for PINTU users who store USDT (Tether) or USDC crypto assets in the Pintu Earn feature, they will get the reward of 15 percent Annual Percentage Yield (APY) or every hour of crypto assets will increase by 0.00159547 percent.

Timothius Martin, Chief Marketing Officer of PINTU, said that this program is something that PINTU users have been waiting for. His party always monitors and collects all suggestions and criticisms given so that they can always improve and provide innovation and the best service for PINTU users.

"For this reason, in March we held a special program for PINTU users to maximize their crypto assets in the Pintu Earn feature, we gave a maximum reward of 15 percent Annual Percentage Yield (APY) where in previous months they only received 4 percent 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 develop their assets," he explained, in a written statement, Monday 14 March.

Quoted from Pintu Academy, stablecoins are crypto assets that are specifically designed or pegged to a specific asset such as the US dollar or other commodities such as gold in a 1:1 ratio. However, once this exchange rate is fixed with 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.

In simple terms, stablecoins are crypto currencies that bridge crypto assets with certain commodities so that they can offer relatively stable prices because they are backed by reserve 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.

"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 percent. 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 have used Earn Doors to develop their crypto assets," said Timo.

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

This special promo 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 valid promo period, which is from March 1 to March 31, 2022, after entering 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.

“As I have said, we are very open to suggestions and criticisms and we will make this a valuable input to produce the best innovations according to the needs of PINTU users, one of which is the 15 percent APY Pintu Earn program. We hope that this program can help increase people's desire to start investing in crypto assets with the PINTU application," concluded Timo.