Pillow Onboarding Guide

Pillow: Dollar Savings App
2 min readOct 28, 2021

The Pillow platform currently accepts USDC and USDT on the BSC (BEP20-Binance Smart Chain) & Ethereum Network (ERC-20). Once you deposit any of the mentioned stable coins, you start earning upto 14% returns🎉

Pillow also accepts Ethereum and Bitcoin where you can earn upto 6% returns🎉

Pillow team has come up with some fairly common ways to buy USDC/USDT and further transfer it to Pillow:

For Indian Users:

  • CoinDCX supports only ERC-20 USDT and ERC-20 USDC tokens. You would have to transfer your purchased stable coins on the Ethereum Network and handle the extra 20$ withdrawal fee incurred by the exchange itself. Please find the guide here.
  • Binance P2P supports both ERC-20 and BEP-20 stablecoins. The withdrawal fee for Ethereum Network would be ~25$ where as on the BSC Network would be less than 1$. Please find the P2P guide here.

For US Users:

  • Coinbase supports only the ERC-20 stablecoin USDC. The withdrawal fee would be dependent on the real-time Ethereum gas fee. Please find the guide here.
  • Binance US supports both ERC-20 and BEP-20 stablecoins. The withdrawal fee for Ethereum Network would be ranging from 20$-50$. For the BSC Network, the withdrawal fee would be less than 1$. Please find the guide here.

If you would like to deposit your funds to Pillow, please read this Deposit Guide and you can follow this Withdrawal Guide to withdraw your funds to the wallet of your choice.

You can use any exchange or private wallet as per your convenience to transfer your crypto to Pillow. If you need help in any of the steps, please reach out to our vibrant Telegram community, or even write to us at support@pillow.fund

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