Buy Crypto
Markets
Contract
Spot
Earn
Web3 new
Learn
Announcements > News > Earn Crypto Rate Adjustments >

Earn Crypto Rate Adjustments

Author: Alan W. Date: 2022-06-15 03:58:34

  • Facebook
  • Twitter
  • LinkedIn
  • Telegram
  • Discord
  • Youtube

To continue serving our customers the best we can and provide steady returns, the Phemex team has made adjustments to our Earn Crypto product.

Due to the recent crypto market fluctuations, Phemex team has fitted the interest rates of Phemex Earn Crypto to better reflect a sustainable profit strategy based on the market situation and our expert risk management. The rate reduction will occur starting at 6:00 UTC on June 16, and adjustments can be referred to per the table below.

Currency

Type

APY

Adjusted APY

BTC
Flexible1.80%0.80%
73%1%
143.60%1.20%
USDT
Flexible7.50%2%
710%3%
1411%4.50%
ETH
Flexible1.40%0.30%
72.80%0.35%
143.30%0.50%
XRP
Flexible1.40%0.30%
72.80%0.40%
143.30%0.50%
LINK
Flexible1.30%0.30%
72.30%0.40%
143%0.50%
ADA
Flexible1.30%0.30%
72.30%0.40%
143%0.50%
DOT
Flexible1.40%0.30%
72.80%0.40%
143.30%0.50%
MANA
Flexible1.40%0.30%
72.80%0.40%
143.30%0.50%
SOL
Flexible1.40%0.75%
72.80%0.80%
143.30%0.85%
FTM
Flexible1.40%0.30%
72.80%0.40%
143.30%0.50%
USDC
Flexible7.50%2%
710%3%
1411%3.50%

For Flexible Savings, Subscriptions made before the rate adjustment will be subject to the new rates on June 16th, 2022. Subscriptions made after 6:00 UTC on June 16th, 2022 will be subject to new rates immediately.

For Fixed Savings, active subscriptions made before the 6:00 UTC on June 16th ,2022 will receive returns based on the interest rate at subscription time. Subscriptions made after the 6:00 UTC on June 16th will be subject to new rates immediately.

Phemex partners with expert financial managers and reputable funds to consistently execute profitable strategies, and we thrive to bring profit to our users while maintaining maximum sustainability and reliability. We will continue to develop more alpha financial products for our loyal customers, stay tuned.


For any inquiries contact us at support@phemex.zendesk.com
Follow our official Twitter | Join our community on Telegram
Trade crypto on the go: Download for iOS | Download for Android
Phemex | Break Through, Break Free
Subscribe Phemex

Get The Latest News And Updates From Phemex!

Get The Latest News & Updates!

Bonus

Become the First PT Holders with ZERO Risk

Celebrate the Launching of the Phemex Token on November 30th