Announcement center
Bitget Savings Launches APR Tiers Function，Earn USDT with up to 12% APR
Bitget
2022-10-13 04:44
Dear
Global
Bitgetter
s
,
Bitget Savings has officially provided the APR Tiers function in order to optimize the user experience when subscribing to Flexible Savings products. Tiered interest rates currently suppor t USDT Flexible Savings, with the highest USDT APR at
up to 12%. More products will be rolled out with this feature in time.
Details:
Subscribed products will accumulate interest based on their respective Tier APR.
The APR Tiers of the USDT Flexible Savings product are as follows:
Tier
1: 12% APR for 0-500 USDT
Tier
2: 0.8% APR for 500.01-5000 USDT
Tier
3: 0.3% APR for >5000 USDT
For example:
If a user's subscribed amount is 10,000 USDT, the final interest received is the sum of three steps.
The Daily Interest Formula:
User’s Daily USDT Interest = {500×12%÷365} + [(5,000-500)×0.8%÷365] + [(10,000-5,000)×0.3%÷365]
The details of APR Tiers will be displayed on the subscription page of Flexible Savings products that support the new function.
Disclaimer
Cryptocurrencies are subject to high m arket risk and volatility despite high growth potential. Users are strongly advised to do their own research and invest at their own risk.
Thank you for your attention and support!
Bitget Team
October 13, 2022
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