RLUSD Joins Flexi Earn, Spot Grid Adds USDT/IDR & USDC/IDR
Hi, Sobee!
We have two pieces of good news for you today: RLUSD is now available on Flexi Earn, and Spot Grid Trading has new Rupiah-based pairs. Here's everything you need to know.
RLUSD Is Now Available on Flexi Earn
Following its listing on Mobee, RLUSD (Ripple USD) can now be used as one of the USD-based asset options on Flexi Earn. RLUSD is a stablecoin issued by Standard Custody & Trust Company, a Ripple Labs subsidiary, and has received regulatory approval from the New York Department of Financial Services (NYDFS). Every RLUSD token is fully backed by US dollar reserves and cash-equivalent assets, and it runs on the XRP Ledger.
With RLUSD now on Flexi Earn, you have a new option for holding USD-based assets while still earning daily yield, with the same flexible withdrawal anytime you'd expect from Flexi Earn products. For the current APR, please check the Mobee Earn page directly, as rates may change depending on market conditions.
If you're not yet familiar with stablecoins, you can read our guide, What Is Stablecoin? Types, How It Works & Examples, or revisit Mobee's earlier RLUSD listing announcement here.
Spot Grid Now Supports USDT/IDR and USDC/IDR
Second, Spot Grid Trading on Mobee now supports the USDT/IDR and USDC/IDR pairs. This is great news if you want to capture the Rupiah's movement against the US Dollar automatically, without having to watch the charts all day.
With Spot Grid, you can set your buy and sell price range according to your target, then let the system run an automated trading strategy 24/7. It's a good fit if you see opportunity in USDT/USDC-to-IDR rate fluctuations, whether the Rupiah is strengthening or weakening.
You can try the new pairs directly on the Mobee Spot Grid page, or learn how it works first at What Is Spot Grid Trading and How Does It Work?
How to Get Started
- Open the Mobee app and make sure you're on the latest version.
- For RLUSD on Flexi Earn: go to the Earn menu, select Flexi Earn, then find RLUSD in the asset list.
- For IDR Spot Grid: go to the Spot Grid menu, select the USDT/IDR or USDC/IDR pair, then set up your strategy as you prefer.
If you have any further questions about either feature, feel free to contact the Mobee Customer Support team via the Contact Us page or Live Chat in the Mobee app.
Happy trading, Sobee!
Best regards, Team Mobee
