Place/Date: - October 30th, 2020 at 8:23 pm UTC · 3 min read
Contact: BitMax.io, Source: BitMax.io
BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of Plutus’s Pluton token (PLU) under the trading pair of PLU/USDT on October 30th at 10:00 a.m. EDT.
Plutus is an emerging DeFi card that allows users to earn 3% in crypto for every in-store or online purchase, and manage both fiat and crypto via an accompanying app. By shopping with Plutus, people earn its native token, PLU, as a reward. The PLU token can be redeemed for premium services, spent in-store by proxy with the Plutus Card, or staked to unlock additional cashback at some of the most popular online retailers such as Amazon, Sky, AliExpress, Nike, and many other household brands. In the next two quarters, Plutus will launch numerous services/features; highlights include BTC integration and Plutus’ very own non-custodial wallet extension for both the mobile and web app.
In contrast to centralized banking products, Plutus is one of the only non-custodial cards in the crypto market. Cardholders can also conveniently access a custom-built decentralized exchange, PlutusDEX, through the web and mobile apps. PlutusDEX is one of the only decentralized exchanges to offer crypto-fiat pairs, allowing users to convert assets without any third-party intermediaries.
Plutus is designed to put crypto into the hands of more people, letting them earn 3% back in crypto rewards for everyday online and in-store purchases instead of buying through a centralised exchange. Users can create a UK account or a European IBAN as well as connect their cryptocurrency wallets to interact with both asset types from one interface.
The Plutus team brings together veterans with over 40 years of experience across finance, payments, and software development. Plutus is currently pursuing a banking license, potentially making the company the first non-custodial crypto bank in the industry. The team is also planning to launch various extension services across their web and mobile apps in the next two quarters.
Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions.
Plutus is an emerging DeFi app and card that allows users to earn crypto rewards for their everyday purchases. It serves as a bridge between crypto and traditional finance by supporting both (crypto/fiat) asset types. A custom-built decentralised exchange, the PlutusDEX, allows for seamless swaps between crypto and fiat without any third-party intermediaries. The PLU token is the world’s first decentralised loyalty token, offering 3% crypto rewards on every online and in-store purchase.