Announcement Center

Simple Earn FAQ
Published on: 2023/04/06 03:34Last Update: 2025/01/01 15:32

1. What is CoinW Simple Earn?

Simple Earn is a product that leverages your idle assets to earn rewards. Relying on CoinW's robust risk control system, leading security measures, and advanced infrastructure, CoinW Earn offers maximum protection for your assets. Available in both Flexible and Fixed terms, it is open to everyone.

 

2. What is the reference APR?

APR is the annualized interest rate your deposited crypto generates from our Earn products.

 

3. When does the interest calculation/distribution start?

Interest calculation starts on the next day of your subscription.

  • Flexible products: The interest will be paid to your Earn account daily since 2 days after your subscription.
  • Fixed products: The interest will be paid to your Earn account after product expiration.

 

4. What are the redemption rules?

  • Flexible products: You can redeem at any time. Upon successful redemption, the principal will be returned to your Earn account.
  • Fixed products: Early redemption is not supported for the time being, principal and interest will be credited to your Earn account upon expiration.

 

5. What is CoinW Auto-Earn?

Auto-Earn will automatically subscribe to our Flexible products with your idle assets to maximize your returns. With  Auto-Earn enabled, we will automatically make these subscriptions with the available balance of your Funding account and Earn account at 0:00 (UTC +8) every day. You can turn on or off the  Auto-Earn function in your Earn account.

 

6. How does Auto-Subscribe work?

After your current Fixed term subscription expires, Auto-Subscribe will take your principal and subscribe to new Fixed term products with the same term. You can turn on or off Auto-Subscribe when subscribing to our Fixed term products. With Auto-Subscribe turned off, your principal and interest will be redeemed to your Earn account after the next product expires.

 

7. Where do I find Simple Earn?

Web: https://www.coinw.com/earn/crypto-savings

App: Homepage > "Earn" > "Simple Earn"

 

8. Will my funds be at risk?

Your principal is subject to the risks of investing in crypto, including market volatility, exchange risk, and being unable to redeem your principal. This is mitigated by CoinW's robust risk control, industry-leading security measures, and advanced infrastructure.

Was this article helpful?
0 out of 0 found this helpful
Limited-Time New User Offer!
Sign up now to claim your exclusive 12000 USDT gift pack!
Already have an account?Log In
Popular Articles
Simple Earn FAQ
Published on: 2023/04/06 03:34Last Update: 2025/01/01 15:32

1. What is CoinW Simple Earn?

Simple Earn is a product that leverages your idle assets to earn rewards. Relying on CoinW's robust risk control system, leading security measures, and advanced infrastructure, CoinW Earn offers maximum protection for your assets. Available in both Flexible and Fixed terms, it is open to everyone.

 

2. What is the reference APR?

APR is the annualized interest rate your deposited crypto generates from our Earn products.

 

3. When does the interest calculation/distribution start?

Interest calculation starts on the next day of your subscription.

  • Flexible products: The interest will be paid to your Earn account daily since 2 days after your subscription.
  • Fixed products: The interest will be paid to your Earn account after product expiration.

 

4. What are the redemption rules?

  • Flexible products: You can redeem at any time. Upon successful redemption, the principal will be returned to your Earn account.
  • Fixed products: Early redemption is not supported for the time being, principal and interest will be credited to your Earn account upon expiration.

 

5. What is CoinW Auto-Earn?

Auto-Earn will automatically subscribe to our Flexible products with your idle assets to maximize your returns. With  Auto-Earn enabled, we will automatically make these subscriptions with the available balance of your Funding account and Earn account at 0:00 (UTC +8) every day. You can turn on or off the  Auto-Earn function in your Earn account.

 

6. How does Auto-Subscribe work?

After your current Fixed term subscription expires, Auto-Subscribe will take your principal and subscribe to new Fixed term products with the same term. You can turn on or off Auto-Subscribe when subscribing to our Fixed term products. With Auto-Subscribe turned off, your principal and interest will be redeemed to your Earn account after the next product expires.

 

7. Where do I find Simple Earn?

Web: https://www.coinw.com/earn/crypto-savings

App: Homepage > "Earn" > "Simple Earn"

 

8. Will my funds be at risk?

Your principal is subject to the risks of investing in crypto, including market volatility, exchange risk, and being unable to redeem your principal. This is mitigated by CoinW's robust risk control, industry-leading security measures, and advanced infrastructure.

Was this article helpful?
0 out of 0 found this helpful
Limited-Time New User Offer!
Sign up now to claim your exclusive 12000 USDT gift pack!
Already have an account?Log In
Popular Articles