- Nov 16, 2011
- 19,807
- 11,282
They just sent a mail and it will be live in few days.
Here is the mail:
Money attracts more money, is an old phrase that we’ve grown up hearing.
We’ve built the ZebPay Lending Platform to do exactly that for your crypto.
For select cryptos - BTC, ETH, DAI and USDT - you can now deposit your long-term holdings with us to earn a fixed fee, over and above the normal price appreciation for your crypto.
HODLers! Now you can put your crypto holdings to work, and unlock the power of passive returns.
How does it work?
You can choose to lend us your crypto for either an open term, or a fixed term:
Open Term
Under an open term deposit, you will be paid a return as applicable for the day.
These returns will be deposited into your trading wallet daily.
You can return your crypto back to your trading wallet at any time. The amount you deposit will be returned immediately.
As a day trader, you can take the advantage of open term deposit to earn additional returns without locking-in your crypto.
Fixed Term
Under the fixed term deposit, you can lend your crypto for 7-day, 30-day, 60 day and 90-day periods. The rate of return will vary depending on the period you opt for.
The returns earned, along with the principal amount will be deposited into your trading wallet at the end of the term.
You can withdraw these coins at any time before expiry. However, a penalty will be levied on the returns.
Here is the mail:
Money attracts more money, is an old phrase that we’ve grown up hearing.
We’ve built the ZebPay Lending Platform to do exactly that for your crypto.
For select cryptos - BTC, ETH, DAI and USDT - you can now deposit your long-term holdings with us to earn a fixed fee, over and above the normal price appreciation for your crypto.
HODLers! Now you can put your crypto holdings to work, and unlock the power of passive returns.
How does it work?
You can choose to lend us your crypto for either an open term, or a fixed term:
Open Term
Under an open term deposit, you will be paid a return as applicable for the day.
These returns will be deposited into your trading wallet daily.
You can return your crypto back to your trading wallet at any time. The amount you deposit will be returned immediately.
As a day trader, you can take the advantage of open term deposit to earn additional returns without locking-in your crypto.
Fixed Term
Under the fixed term deposit, you can lend your crypto for 7-day, 30-day, 60 day and 90-day periods. The rate of return will vary depending on the period you opt for.
The returns earned, along with the principal amount will be deposited into your trading wallet at the end of the term.
You can withdraw these coins at any time before expiry. However, a penalty will be levied on the returns.