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Announcements > News > New APY Tiers for Phemex Savings >

New APY Tiers for Phemex Savings

Author: Alan W. Date: 2022-09-26 08:26:24

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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


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