Blog News The MyConstant November 2020 newsletter

The MyConstant November 2020 newsletter

date December 4, 2020 time 4 min read 274 views

Seasons greetings to you all,

We’ve had some fun stuff happening over at MyConstant this past month as well as a brand new promo for you all. Let’s get into it.

US members: for a limited time, get a 30-day Diamond membership upgrade when your referees deposit $50 or more

For the next 30 days (starting Dec. 4th at 6 AM PST) if you refer a friend who deposits $50 or more, you’ll get a FREE upgrade to Diamond for 30 days.

During those 30 days, you’ll earn up to double referral rewards ($20 bonus plus 20% of referees’ Flex interest) as well as get priority on secondary market orders. 

Refer more people during the promotional period and you can extend your upgrade up to 6 months. 

Note: Diamond member $50 bonus and 1 STAR bonus do not apply to this promo.

Promo ends January 3rd, 2021 at 9 PM PST.

New referral updates

We have a new bonus reward to help you diligent referrers to level up faster. For each friend you refer who completes KYC, we’ll add an additional 200 membership points to your account.

We’ve also updated our referral page. Now you can:

  • Customize personal referral emails
  • Monitor your referees’ progress (and the time until your next reward) through our referral progress bar.

News: Crypto’s wild month

Hard to write news this month without mentioning the crypto market. Bitcoin skipped from around $14,000 to $19,000 in a matter of days and has stayed more or less up through the end of the month.

Mainstream fintech players like Square and PayPal are reportedly buying up huge reserves of Bitcoin for their products. Big asset managers like Blackrock have jumped on board, with their Chief Investment Officer saying BTC could be a viable alternative to gold. And hot off the press, Reuters reports that the S&P 500 and Dow Jones indices are poised to launch crypto indexes next year.

As a platform that works closely with cryptocurrency, we love to see greater growth in the industry. If you haven’t been poking around with crypto yet, we encourage you to look it up. With China debuting their national digital currency last month and Facebook’s Libra reportedly coming back online crypto seems like it’s here to stay.

If you’re curious how the whole crypto-backed lending part of our operation works, please have a look at our blog. We strongly believed crypto-secured lending is poised to become the new normal for fast, personal collateral loans.

Learn about the rich world of alternative investment with our new podcast

Alternative investment is hot right now. This new class of platforms (including MyConstant) are offering some of the best rates on the market on assets that are traditionally hard to access by average investors. And it’s growing fast.

Through the nature of our jobs, our content team spends a large chunk of our time researching the growing fintech and AltFi (that’s alternative finance) industries and writing in-depth about them for the blog.

That’s why this month, our CCO, Chris, and I have teamed up to make a podcast about all things alternative investing for those of you who like an auditory experience.

You can link to the podcast and see our transcript via the blog. We’re new to the game so we’d love to hear any feedback you might have.

And as I’ve mentioned before, we created a forum on Facebook where we encourage you to discuss all things AltFi.

More videos helping you and your friends around our platform

The content team has been busy this month making you new video walkthroughs for our platform. We recently released:

Be sure to subscribe to our Youtube channel for more content like this.

New CS member Angie joins the team

For those of you calling between the wee hours of 1-8 AM PST, you’ll be talking with our newest customer service consultant, Angie Hoang, out of the Vietnam office.

Angie brings with her years of experience in the hospitality industries of both the UK and Vietnam. Besides being an all around great person, she’ll be fulfilling MyConstant’ s pledge to bring you round-the-clock excellent customer service.

In parting

To all of our US members, I hope you had a great Thanksgiving despite COVID setbacks. I myself had a nice fried chicken meal since I live out in Vietnam at moment. My parents tell me they were heating up the frozen egg rolls back in the states this year so I wasn’t far off.

We hope we’ve been able to give you the portfolio boost you’ve needed to take a breather this holiday season. As usual please keep in touch and let us know any questions/comments/concerns you may have. Our platform is great because you make it great.

All the best,

-Peter

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Peter Upton

Peter Upton

Community Manager

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