Dear Phemexers,
Phemex is launching support for many new Earn Crypto products, such as for USDC, DOT, LUNA, SOL, FTM, and MANA. For USDC, we’re running a limited time campaign, allowing you to earn up to 25% APY. Come and enjoy a strong rate of return!⭐
Campaign Details
Currency | USDC |
Estimated APY | 25% |
Time Period | 14 Days (From 2022-03-24 04:00 AM UTC to 2022-04-07 04:00 AM UTC) |
Account Type | Flexible Savings Account |
Limit | ≤1,000 USDC |
Total Available Subscription Pool | $1,000,000 USDC |
Subscription Format | First-come, first-serve |
Frequently Asked Questions
What is Earn Crypto’s Flexible Savings account?
Our crypto Flexible Savings account allows users to earn interest without any long-term commitments. You can constantly enjoy a strong rate of return while funds are held, and can deposit and withdraw at any time!
How is crypto interest calculated and distributed for the Flexible Saving product?
Any funds deposited by users before 12:00 PM (UTC) on the day of transfer (T) will receive earned interest at 12:30 on T+1 day. Any funds transferred after 12:00 PM (UTC) on T day will receive interest on T+2 days. Phemex calculates the interest of the previous day in real time based on the net value growth of the account’s current funds, and distributes that income accordingly.
Are the Earn Crypto Products safe?
All of your Earn Crypto assets are held in special Phemex crypto savings accounts that are constantly monitored in real time. Every transaction is thoroughly scrutinized and requires a meticulous approval process. The system is regularly audited by a third party to ensure your crypto interest payouts are met. Our trading systems employ a sophisticated combination of risk management, algorithmic calculation, and quantitative analysis techniques.
