About Flexible Savings
CoinEx Flexible Savings is a low-risk crypto financial product that allows for flexible subscription and redemption. By subscribing to Flexible Savings products using your idle assets, you can earn a stable daily income.
Frequently Asked Questions
1. Participation requirements & restrictions
(1) What are the requirements to participate in Flexible Savings?
All registered CoinEx users can participate in Flexible Savings with no additional requirements.
(2) Who is suitable for Flexible Savings?
Flexible Savings is suitable for users seeking stable passive income with lower risk tolerance. The product is low-risk and easy to use, helping you steadily grow your crypto assets.
Note: While it is considered a low-risk product, fluctuations in the cryptocurrency market may lead to variable returns. Past results do not guarantee future performance.
(3) Can sub-accounts participate in Flexible Savings?
Regular sub-accounts can participate in Flexible Savings. However, sub-accounts are not eligible for interest subsidies for certain coins offered by CoinEx. Please refer to the specific coin for details.
2. Subscription & interest calculation
(1) Is there a subscription limit for Flexible Savings?
- There is a minimum subscription amount for Flexible Savings, and each subscription must meet the minimum amount.
- The minimum subscription amount varies by coin. Please refer to the minimum subscription amount displayed at the time of subscription.
(2) When does the interest start accruing after subscription?
Interest starts accruing at the next full hour after subscription.
(3) How is the interest calculated? Are there any fees?
Calculation: Hourly interest income = Subscription amount × APY ÷ 365 ÷ 24. No fees are charged.
Note: Earnings are accumulated hourly and credited the next day. Due to system precision limits, hourly earnings under eight decimal places will not be distributed.
(4) Will the APY change?
The APY updates every hour. The actual yield is dynamically adjusted based on the borrowing demand and subsidies for each coin. Some coins may have higher yields due to subsidies.
(5) When are earnings credited?
The earnings for the previous day are credited at 00:10 (UTC) daily. The daily interest is automatically added to your principal and will accrue compound interest the next day.
(6) Why can’t I yield from Flexible Savings?
If a specific cryptocurrency has no subsidies or has a very low borrowing demand for Margin Trading / Loans, the daily rate may approach 0, resulting in no yield from Flexible Savings products. However, your principal remains unaffected.
3. Redemption & fund status
(1) Can I redeem at any time?
After redeeming, the assets will instantly be credited to your Spot account without delay.
(2) Are there any requirements for redeeming assets used for Flexible Savings?
After each redemption, the remaining balance of that coin in your Earn account must be greater than or equal to the minimum subscription amount; otherwise, a full redemption is required. Any unredeemed assets will continue to accrue interest.
4. Earnings & account management
(1) Where can I view my subscribed coins?
After a successful subscription, go to [Assets] > [Earn Account] > [Flexible] to view your subscribed coins.
(2) Where can I view my earnings records?
The earnings are credited daily. Go to [Assets] > [Earn Account] > [Earnings Records] to view your daily earnings.
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