Dear Users,
Phemex Savings has always been one of our most popular features because it allows you to earn steady, risk-free income on crypto holdings. Now, we’re excited to introduce new Phemex Savings APY tiers, which will enable users to unlock even higher APYs on their favorite savings products! Enjoy a total of up to 50% APY across a multitude of different cryptocurrencies.
The new APY tiers will come into effect at 12:00 UTC on September 26, 2022. Details are as follows:
Coin | Tiers | Starting Balance | Past APY Structure | New Tiered APY Structure |
USDT | 1 | 0 – 500 | 2% | 12% |
2 | 500 – 10000 | 4.5% | ||
3 | >10000 | 1% |
There are more high return products coming out in the following days, so stay tuned and check out Phemex Savings for the latest offerings. Started earning right away!
Phemex Team
