What is DeZy?

Came across an instagram ad about this new app called DeZy. Just wondering if anyone has tried it and have any reviews about it?

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Eric Dadoun

29 Sep 2021

CEO at DeZy

Thanks for taking note! Im one of the Co-Founders at DeZy and I hope its OK for me to jump into the thread as I'll be happy to answer any questions you have as best as I can.

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Wrong Sean

29 Sep 2021

Tried it as I saw it on one of the replies in Seedly.

There is a limit of $5000 deposit to the account. Starting is $200. Using PayNow to transfer funds and then the transaction will flow with notifications about the deposit and the stablecoin purchase.

But can only see the amount deposited and the returns, the underlying stablecoin details not able to see. Like not very transparent or maybe that’s the intention to abstract away the crypto layer.

Do note that they are not licensed by MAS.

https://dezy.sg/faq/

Will see how it goes for a while more.

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