When you wake up in the morning, do you ask yourself, what am I doing now to make life easier for my future self?

On which platform can I invest my crypto?

What can I do now, so that I will never have to worry about money?

And why do I need to start Early?

In this post, I will show you how you can do all that with Pillow. 

Join me as we take this ride together.👍

Post Summary

• The Power of Starting Early
• Why Invest And Start Early?
• Taking The Easy Route Using Pillow
• What Is Pillow?
• How To Get Started On Pillow
• What’s More?
• Conclusion

Let’s get started!

The Power of Starting Early

To make you fully understand the concept I am trying to bring to you, let’s look at the story of two friends, John and Mike.

If your name is among them, you are welcome. 

John and Mike are both 20 years of age and earn $12,000 per year. 

Mike started saving $1,200 a year in a portfolio that pays him 7% APY while John spent it all. 

In 10 years, Mike had deposited a total of $12,000 and his portfolio had grown to $17,740. 

When he told his friend John, John was wowed.

For the next 30 years, John started saving his money in this portfolio while Mike stopped and started spending it all. 

Let’s see the outcome. 

John had saved a total of $36,000 and his portfolio has grown to $121,287. 

But Mike who initially saved $12,000 and didn’t save any in the next 30 years but didn’t also withdraw, his portfolio has grown to $135,043.84. 

Look at that, Mike saved much less but earned more than John who saved 3 times more. 

(You may watch the video linked above to get a clearer picture of this story)

How Is that possible? 

You might be wondering, how did Mike do it?

That is the power of compound interest and why you should start early. 

Why Invest And Start Early?

Based on statistics, the stock market has a 7% annual return if we look at a period of 15 years.

This doesn’t mean that it gives 7% each year, because there are negative years.

However, if you considered the total return in a 15-year period, it’s equivalent to about 7% each year. 

And when you look at the crypto market for the past 10 years, you’ll notice a 90,000% annual growth in bitcoin. Crazy, right? 

I might have some doubt if BTC would achieve the same in the next 10 years. 

But guess what😊

The interesting thing with crypto is the introduction of yield farming through Decentralized Finance (DeFi).

Imagine having bitcoin do the value return it did in the past 10 years and also have the bitcoin itself increase by an additional 6% each year.  Think about it. 

But the thing with DeFi is that you have to constantly look for projects and coins that give that kind of yield, make sure they are legit, safe, and have potential.

Also, you are responsible for your security when interacting with them. 

Taking The Easy Route Using Pillow

If you don’t want to take the route above, then you can use a  platform like Pillow.

It does the research for you and presents the highest yields possible from any project.

All you need to do is to deposit to earn yield and withdraw at any time when you need your money. 

With Pillow, you can earn up to 50% APY. If you go to the wallet section you can see:

• USDx case (USDT and USDC) – 13.68% APY
• SOL – 20.75% APY
• AXS – 50% APY and so on. 

Also, you will notice that some of them are tagged variable APY which means that the APY is not static. 

Now the question you might be asking is, what is Pillow?

Don’t worry, I got you covered. Keep reading!

What Is Pillow?

Pillow is a digital asset management platform where users can invest and get returns on their crypto (BTC, ETH, and stablecoins like USDC and USDT) in a simple manner.

Arindam Roy, Rajath KM, and Kartik Mishra launched the platform in 2021.

Pillow is registered in Singapore and has a $250 million digital assets insurance coverage and custody via BitGo. 

It has a world-class research team that analyzes 500+ protocols across 10 chains to ensure that the users’ funds are invested in the best protocol with the least amount of risk.

Pillow does not trade with your fund, rather it yields from it.

How To Get Started On Pillow

Getting started is not as hard as you might be thinking.

To get started, simply follow the steps below:

STEP 1

Go to  PILLOW,  and download the app from the App Store or Google Play, depending on the device you are using.

STEP 2

• Install and open the App
• Then sign up using your email and verify your account
• Select your country
• Acknowledge terms and conditions 

STEP 3

You can deposit any of the listed cryptos and if you are in Nigeria, you can deposit Naira and have it converted directly to USDC.

To do that;

• Click on Bank deposit 
• Enter the amount you want to deposit in naira and you will see the exchange rate.  
• Click on continue, then make a bank transfer to the account details shown and click “I have sent funds”

Within a few minutes, you will have the USDC in your wallet. 

It’s as easy as that.

But mind you, if you are not satisfied with the exchange rate, you can always buy USDC in another exchange and send it to your Pillow wallet.

What’s More?

Pillow also has a reward section where you earn feathers when you make deposits and refer friends.

Later, you can convert these feathers to USDC so, please use my referral code JUDE3000 when signing up.  

Also, Pillow allows you to convert your local currency to USD and save in USD.

This would help save your funds from inflation.

Imagine what inflation would have done to our characters’ funds if they were saving in Naira. 

However, none of this is financial advice, you should always do your own research and consult your financial adviser before you proceed. 

Conclusion

We’ve come to the end of this ride, hope you enjoyed it.

So will you be investing with Pillow?

Perhaps, you’re already using the App, What’s your experience like?

Do you have any questions about the App?

Let’s have them in the comments section below.

Also, do well to share this post with your friends. Thank You.