[Digital Today Reporter Choo Hyun-woo] Virtual asset wallet service’Pigeon Wallet’ has launched an Ethereum deposit service.
The Ethereum deposit service launched by Pigeon Wallet is the second product to be launched based on Ethereum, following the Bitcoin No. 1 deposit service last month.
This time, it is also provided through Bluefin, an asset management company under Vibric, a digital asset company, and is a fixed product that can receive 8% compounded interest in Ethereum when deposited for 30 days.
Ethereum, which has been in the spotlight as the most representative virtual asset along with Bitcoin, is gaining as much popularity as Bitcoin due to the success of DeFi and anticipation for the release of Ethereum 2.0, which has been continuing since last year.
Most of all, while the legal currency-based deposit rate continues to be at a record low, public interest and response to the virtual asset-based deposit service that guarantees a high level of stable profits is also hotter than ever.
Pigeon Wallet plans to continuously develop and provide deposit products tailored to the needs of users, focusing on high-demand virtual assets in the future.
This Ethereum deposit service is also a 30-day fixed product with a recruitment quantity, and you receive an application for recruitment by the 16th and receive interest on the principal after a 30-day deposit period. More details can be found on the Dove Wallet website .
Author/ Translator: Jamie Kim
Bio: Jamie Kim is a technology journalist. Raised in Hong Kong and always vocal at heart. She aims to share her expertise with the readers at blockreview.net. Kim is a Bitcoin maximalist who believes with unwavering conviction that Bitcoin is the only cryptocurrency – in fact, currency – worth caring about.