Announcement center
Bitget Launches APR Tiers Rate for BUSD, USDC, ETH. Earn up to 8% APR!
Bitget
2022-12-13 14:26
Dear Global Bitgetters,
Bitget Savings has officially launched 3 new APR Tiers Rate products - BUSD, USDC, ETH - in order to optimise the user experience when subscribing to Flexible Savings products. The highest APR is
up to 8%. More products will be rolled out with this feature in time.
Products details:
|
Assets
|
Term
|
Subscription Tiers
|
APR
|
|
BUSD
|
Flexible
|
0-500
|
8%
|
|
Flexible
|
500-5000
|
0.8%
|
|
|
Flexible
|
＞5000
|
0.3%
|
|
|
USDC
|
Flexible
|
0-500
|
8%
|
|
Flexible
|
500-5000
|
0.8%
|
|
|
Flexible
|
＞5000
|
0.3%
|
|
|
ETH
|
Flexible
|
0-0.1
|
4%
|
|
Flexible
|
0.1-1
|
0.08%
|
|
|
Flexible
|
＞1
|
0.05%
|
Interest Calculation
The daily interest will be calculated according to the user's subscription amount and the APR tiers rules.
For example:
If a user's subscribed amount is 10,000 USDC, the final interest received is the sum of three steps.
The Daily Interest Formula
User’s Daily USDC Interest = {500×8%÷365} + [(5,000-500)×0.8%÷365] + [(10,000-5,000)×0.3%÷365]
Disclaimer
Cryptocurrencies are subject to high risk and volatility despite high growth potential. Users are strongly advised to do their own research. Invest at your own risk.
Thank you for your attention and support!
Bitget Team
December 13, 2022