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POKKET is a platform that offers structured savings products for dozens of different cryptocurrency tokens.

POKKET: A Smarter Way To Invest In Cryptocurrency. POKKET is a new cryptocurrency savings account service to help you earn interest returns on your crypto assets. 6-8% APY on Bitcoin lending, +100 other assets!

Each of POKKET’s structured saving plans last for exactly one week, after which they will be settled. These plans come in three different flavors. Customers can either choose to create their savings plan in any of the more than 50 supported cryptocurrencies, or they can choose to have their returns paid out in Tether (USDT) or True USD (TUSD). Once a customer has selected their account type and the underlying asset, they’ll then be locked in for one week accruing interest.

Depending on the performance of the underlying asset they choose, these savings products will be settled after one week in one of two ways. The savings amount will be paid out either in the original underlying token or in stablecoin. If the market price of the token after 7 days is at least 91% of its value at the start of the period, then the return will be paid out as the original savings asset (e.g. token or stablecoin) plus the additional interest in stablecoins.

Alternatively, if the value of the underlying asset is at or below 91% of its initial value, then the customer will be paid out in the underlying cryptocurrency purchased at a discount, plus the interest on top.

Although POKKET users are technically sellers of put options, they don’t need to worry about actually handling any of the leg work. Instead, POKKET works directly with hedge funds to sell these put options on behalf of the customer, which then receives the option premium as their interest. These savings products are market-agnostic and hence allow customers to turn a healthy profit irrespective of the prevailing market conditions.

Currently, the line of supported assets includes most of the largest cryptocurrencies by market capitalization - Bitcoin( BTC), Ethereum (ETH) and Chainlink (LINK), in addition to dozens of popular ERC20 tokens.

Customers can either deposit the underlying cryptocurrency directly to open a savings plan, or can opt to open their plan with Tether or True USD, and instead track the underlying cryptocurrency instead.

On average, POKKET’s structured savings products boast an APR of 30%, but this currently varies between 2.6% and 416%, depending on the underlying cryptocurrency selected and the prevailing market conditions.

POKKET: A Smarter Way To Invest In Cryptocurrency. POKKET is a new cryptocurrency savings account service to help you earn interest returns on your crypto assets. 6-8% APY on Bitcoin lending, +100 other assets!

POKKET's products and interest rates 

  • Simple Saving - Straight Lending

Simple Savings are suitable for longer-term investments as the savings are not tied to market movements.

Select from Bitcoin, Ethereum, Chainlink and stablecoins such as USDT, USDC and TUSD, and earn 3.25% - 12.00% (APY) interest on them for 14, 30 or 90 days, without worrying about market conditions or token conversion. 

  • Token Structured Saving

Token Structured Savings are suitable for short-term investments as the savings can mature in the underlying stablecoin depending on market movements. It's a call option product that earns high interest with high risk.

Select from list of 93 popular cryptocurrencies, hold for one week, and earn 6.89% - 711.48% (APY) interest on them depending on market conditions.

  • Stablecoin Structured Saving 

Stablecoin Structured Savings are suitable for short-term investments as the savings can mature in the underlying token depending on market movements. It's a put option product that earns high interest with high risk.

Select from USDT, USDC and TUSD stablecoins, with underlying token combination from list of 93 popular cryptocurrencies, hold for one week, and earn 6.73% - 582.49% (APY) interest on them depending on market conditions.

POKKET - EARN 15 % Interest on USD & More on Digital Assets

POKKET takes the security of its users and their funds extremely seriously. To ensure that customers are protected at all times, POKKET overcollateralizes all deposits by 110% and uses a combination of cold storage and stringent manual checks on every withdrawal to detect and thwart any suspicious activity.

POKKET users can choose from one of 18 cryptocurrencies and get an estimated 5.5% to 15% interest. There’s no staking required, and there’s quite a bit of freedom and versatility in this crypto lending model. Earn interest on Bitcoin, Ethereum or a stablecoin such as Tether (USDT) in an accessible environment.

This platform was built by finance professionals - and it shows. Structured saving plans are broken down by APY, weekly interest, and available token quota. Then there’s also Simple Saving for BTC, ETH, USDT, LINK, UOP and others. The platform’s assertion that traders won’t have to “worry about market conditions” is salient as so many investors get nervous about what equities will do in the short term, let alone the long term. POKKET is a great off-ramp from business as usual, and an on-ramp to crypto lending gambits.

Conclusion

Built by a team of finance professionals, POKKET is a new savings account service for digital assets. It provides crypto holders with new and innovative products to earn passive income. Users can earn interest returns on their crypto assets. The platform offers many products to earn passive income, including new structured products, which are designed in a way that they can earn a handsome amount of interest during market volatility. What sets it apart from others is its wider token selection and higher interest rates. Getting started with POKKET is super easier than its competitors in the market. Also, POKKET supports more than 30 assets and doesn’t charge you any fees.

Earn 6.25% - 8% APY on Bitcoin with Crypto Savings Account, POKKET

POKKET: A Smarter Way To Invest In Cryptocurrency; is a new crypto savings account service to help you earn interest returns on your crypto assets. 6-8% APY on Bitcoin lending, +100 other assets! Over 100+ crypto high yield savings, where you can earn securely, without extra fees, with the best interest rates for crypto on the market.

POKKET official website >>> 

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