Starting July 8, 2024, Coins.ph users can enjoy a groundbreaking opportunity to grow their funds with the PHPC HODL & Earn Program. Earn an attractive 8% p.a. on PHPC holdings, a stablecoin pegged 1:1 to the Philippine Peso (PHP) and backed by cash and cash equivalents. Join us in maximizing your cryptocurrency potential while enjoying the security of a stablecoin tied directly to PHP.
What is PHPC?
PHPC is the Philippines’ first retail stablecoin, designed to maintain a steady value aligned with the Philippine Peso. By holding PHPC on Coins.ph, users enjoy the advantages of a stable asset with the potential for significant returns. Secure, reliable, and simple to use, PHPC offers a stable entry into the digital asset world.
How the HODL & Earn Program Works
Joining the PHPC HODL & Earn Program is easy. Here’s how you can start earning 8% p.a. on your PHPC holdings:
- Convert PHP to PHPC: Use Coins.ph’s Buy/Sell feature to exchange PHP for PHPC.
- Hold a Minimum Balance: Maintain at least 1,000 PHPC in your Coins account weekly.
- Earn Weekly Rewards: With holdings up to 100,000 PHPC, you’ll receive PHP rewards credited to your account the following week.
Why Choose PHPC to Earn in Coins.ph?
The PHPC stablecoin provides a unique blend of stability and growth, offering investors a secure digital asset tied directly to Philippine currency. Here’s why PHPC stands out:
- Stability: Pegged to PHP, PHPC maintains a stable value, making it less volatile than other cryptocurrencies.
- Backed by Reserves: Every PHPC is backed by cash or cash equivalents, ensuring trustworthiness.
- Accessible: PHPC is available directly through Coins.ph, offering a straightforward way to diversify into digital assets with a Philippine Peso backing.
Key Terms for the PHPC HODL & Earn Program
Here’s what you need to know to make the most of your HODL & Earn experience:
- Eligibility: Open to all identity-verified users on Coins.ph.
- Reward Limits: Earn on a maximum of 100,000 PHPC holdings.
- Weekly Calculation: Rewards are calculated based on minimum PHPC holdings each week (Monday to Sunday).
- Automatic Reward Credit: Rewards are credited weekly to your account.
Program Terms & Conditions
Coins reserves the right to cancel or amend the mechanics at its sole discretion including which tokens will be eligible for HODL and Earn and the percentage of rewards to be received.
Coins.ph reserves the rights to disqualify and exclude users who are involved in any dishonest or fraudulent behaviors (i.e wash trading, illegally bulk registered accounts, market manipulation).
Frequently Asked Questions
What is the annual interest rate on PHPC?
The program offers an annualized return of 8% p.a. on eligible PHPC holdings.
How do I earn in Coins.ph with PHPC?
Convert PHP to PHPC using the Coins.ph Buy/Sell feature, maintain at least 1,000 PHPC, and enjoy 8% p.a. rewards on your holdings.
Are there any risks with PHPC?
While PHPC is pegged to PHP, cryptocurrency carries inherent risks. However, PHPC’s backing by cash reserves adds an additional layer of security.
The PHPC HODL & Earn Program offers a valuable opportunity to earn significant returns on a stable, PHP-backed asset. Whether you’re new to cryptocurrency or an experienced investor, PHPC provides a steady and accessible option to maximize your earnings. Start HODLing PHPC on Coins.ph today and unlock an annual return of 8% p.a. on your holdings!
