As we continue to expand our offerings, our mission to deliver long-term value still stands. It’s the mission we believe in, and act on. This mission expands beyond just the tokens we list, but goes also to the features we offer with ZebPay.
Let’s look at ZebPay Earn
The Earn feature is a secure investment solution introduced by ZebPay, that provides various earning options to its users for earning returns on their crypto-holding. Think of ZebPay Earn as your crypto savings account. Hold your crypto with us and receive a fixed return.
Want to trade your crypto? Or withdraw it into rupees?
Absolutely, you have full control over your holdings, and what you choose to do with them.
Now, say you knew you were planning to hold your money for a fixed amount of time. With fiat money, you could open a fixed deposit with your bank – and collect a solid amount of interest once it matured.
With ZebPay Earn, you can make a fixed crypto-deposit
A deposit on ZebPay’s Earn feature unlocks the power of passive returns from your crypto. Under a fixed-term deposit, you can invest/deposit your crypto with us for up to 90-day periods. You can find the list of coins as supported on the Earn feature here.
These earnings are calculated on the volume of your crypto holding. As a result, they can be used to enhance your earnings when the price of a token goes up. Alternatively, they add a safety factor against a price drop by ensuring a certain amount of return.
What makes this especially interesting is when you compare the returns on a fiat fixed deposit versus a stablecoin like USDT.
Say you wanted to safely hold an amount of ₹50,000 for 3 months. Let’s consider two options:
Option A
Will lock in your amount, and offer an annual return between 3% and 7.5%.
Option B
Will also lock in your amount, but it will offer an annual return between 9% and 10%.
Which would you take? Option B is a no-brainer, right?
Option B is the fixed return on creating a USDT deposit with ZebPay. A, on the other hand, is a standard fixed deposit.
ZebPay’s Earn feature is our advancement into a more mature decentralized ecosystem. We want to give our users easy access to the best DeFi has to offer, via a direct fiat on-ramp. Watch this space closely, there’s plenty more to come!
Disclaimer:
Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Each investor must do his/her own research or seek independent advice if necessary before initiating any transactions in crypto products and NFTs. The views, thoughts, and opinions expressed in the article belong solely to the author, and not to ZebPay or the author’s employer or other groups or individuals. ZebPay shall not be held liable for any acts or omissions, or losses incurred by the investors. ZebPay has not received any compensation in cash or kind for the above article and the article is provided “as is”, with no guarantee of completeness, accuracy, timeliness or of the results obtained from the use of this information.
