Dear Users:
To help you better utilize your idle assets to generate stable returns, the platform has compiled detailed instructions for using Simple Earn's flexible and fixed-term products. Please refer to the following guide for subscription and management:
I. Flexible Products Guide
- How to Subscribe:
1. Select your preferred asset in Simple Earn's flexible/fixed-term products and click "Subscribe".
2. Enter the amount you wish to deposit.
3. Review the reference annualized return and agree to the terms.
4. Click "Confirm" to complete the subscription.
- Auto Subscribe Function: You can enable or disable "Auto Subscribe" at any time on the subscription page. When enabled, the system will automatically use your available spot balance to subscribe to the corresponding Simple Earn flexible products daily at 15:00 (UTC+8).
- Interest Calculation and Payment:
- Calculation Formula: Daily Interest = Subscription Amount × Expected Annualized Rate of Return ÷ 365
- Payment Rules: This interest will be credited to your spot account daily at 00:00 (UTC+8). You can also view the expected return, interest accrual time, and payment time on the subscription page.
- How to Redeem: You can go to your investment account page and manually click the redemption button to redeem at any time without any penalties. After redemption, the assets will be credited to your spot account in real time.
II. Fixed Term Products Guide
- How to Subscribe:
1. Select your preferred asset from the Simple Earn Fixed Term Products options.
2. Select the lock-up period (e.g., 7, 14, or 30 days) based on the available options for the selected asset.
3. Click “Subscribe”.
4. Enter your investment amount.
5. View the expected APR and lock-up details.
6. Agree to the terms and click “Confirm”.
- Interest Calculation and Payment: Interest is calculated from day D+1 (the day after subscription). There are two payment methods:
1. Daily Interest Payment = Subscription Amount × Expected Annualized Rate of Return ÷ 365
2. Interest Payment at Maturity = Subscription Amount × APR × Lock-up Days ÷ 365
- How to Redeem: You do not need to redeem manually. Redemption will be automatic upon product maturity and the funds will be credited to your spot account.
- Early Redemption Instructions: Some Simple Earn Fixed-Term products do not support early redemption; some products support early redemption, but penalties may apply. Please refer to your investment account's subscription record page for specific rules.
Risk Warning: Digital asset prices fluctuate wildly, and investment may result in the total loss of principal. Past performance is not indicative of future results. This content does not constitute any investment advice. Please operate cautiously based on your own risk tolerance. Bitbase assumes no legal responsibility for any potential trading losses.
Bitbase will continue to optimize its products to provide you with more professional and secure trading services. Thank you for your support and attention to Bitbase!
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