Frequently Asked Questions

Plutus Blockchain is an open sourced technology layer supporting the latest Fintech applications based on decentralised ledger technology (DLT). Plutus Blockchain is built with scalability in mind and supports a myriad of Decentralised Finance (DEFI) applications. To find out more, please refer to the Plutus Whitepaper on the main website at
Stakeholders of Plutus Blockchain are partners, investors, founding members of Plutus as well as the participants in the Plutus Mining App. Thereafter, anyone who stakes automatically becomes a stakeholder for Plutus.
Plutus Mining App is developed by a strategic group within our community to allow a fair and equitable means of distribution of PLT to an intended global audience.

Plutus Blockchain allows and invites any application to be built to support the ecosystem, and use-cases that support DEFI and/or mass adoption are strongly encouraged. As an open sourced and transparent platform, Plutus Blockchain cannot discriminate against any app that wishes to use the blockchain for its specific purpose. Do note that Plutus Blockchain has a purely decentralised governance and has no central organisation.
Partners and stakeholders of Plutus Blockchain are in discussions with many credible and global exchanges on the listing. Stakeholders believe in the fundamentals of PLT and will strive to list for trading only once fair and equitable distribution of tokens is achieved. Plutus Blockchain expected to achieve these targets by 2020.
The Plutus finance team generates returns for our community by lending out our community's digital assets to institutional and retail borrowers.  We aim to return 85% of the revenues made from lending out our community's assets back to our community on a weekly basis. 
Withdrawal fees are charged to cover our community team and these fees are necessary to prevent people spamming the network.  
In order to transfer your crypto assets to your Plutus account please follow the steps below:

1. Log in to your Plutus lending app wallet/account.
2. Scroll to the crypto assets where all supported cryptocurrencies are displayed.
3. Click on the “Token deposit" button next to the cryptocurrency you want to deposit or you can tap on the round Plutus Logo button and choose deposit, from there you can select the token you want to deposit.  
1. Tap on the round Plutus logo in the bottom right corner of the screen.

2. Click on the "Withdraw" button.

3. Enter the amount of tokens that you wish to withdraw, you can also click on the arrows to the right to switch between USD value and token amount that you wish to withdraw. When you enter the amount click on the "Check wallet address" button.

On this step, you will be able to enter your withdrawal address if you are withdrawing for the first time or to check your wallet address if you already withdrew before. Once you are ready to withdraw click on the "Confirm withdrawal" button, after which you will be asked to fill in your security PIN number for confirmation.
Currently, we have OTC function for our users to exchange USDT/PLT Tokens.
If your withdrawal was under $10,000, your transaction will remain on "Pending" until it is confirmed by the blockchain network of your token. We can't influence the speed of the verification process, if there is a lot of traffic at that moment it will take some time for the transaction to get approved. As soon as it is confirmed by the network the token will be visible on your wallet.
Our interest calculation schedule is as follows:
1. Interest gets statistics on Thursday.
2. Interest calculation price snapshot on Friday
3. Interest payment distributed on Monday, no set time. 
Yes, currently earning interest in PLT token yearly rates at 12%.
Unfortunately, you do not. We are able to offer such low rates on USD loans, and such high interest on deposits partly due to the fact that we do not pay interest on locked collateral. You as a customer can choose to either earn the highest rates on your deposits, or pay the lowest rates on your loans, but you can't do both.
When you take a loan via the Plutus Lending App, your collateral goes into one of our exclusive onchain custodial partners. From there, it may be held in reserve or lent out to one of the institutional partners that Plutus works with. It is important to note that when we lend tokens to our partners, we do so with collateral to ensure the safety of your tokens.
Currently, the minimum loan amount you can take is $500.
You can contact our Customer Support team by sending an email to: [email protected]