Bitget Launches Flexible Savings: Enjoy Up to 5.6% APY and Win Up to 210 BGB in Rewards!
Bitget
2022-06-24 03:30
Dear Global Bitgetters,
Bitget is excited to announce the launch of Flexible Savings, an easy and secure way for users to grow their assets on Bitget. From now on, users can deposit funds to any one of our Flexible Savings products and start earning interest every day. Besides earning interests, users who subscribe to Flexible Savings products have a chance to win BGBs as rewards. Check out the event details below.
The first batch of supported assets on Bitget’s Flexible Savings are USDT, DOT, and NEAR. More assets will be available soon, so stay tuned!
Product details (Subscribe Now>>)
| Digital Assets |
Duration |
Min. Subscription Limit |
Max. Subscription Limit |
Total Product Quota |
Est. APY* |
| USDT |
Flexible |
0.1 USDT |
60,000 USDT |
3,000,000 USDT |
2.40% |
| NEAR |
Flexible |
0.1 NEAR |
10,000 NEAR |
500,000 NEAR |
4.40% |
| DOT |
Flexible |
0.1 DOT |
4,000 DOT |
200,000 DOT |
5.60% |
* Please note the est. APY above is for reference only and is subject to change.
Reminders
- Users can view and manage their Flexible Savings assets by going to Assets > Orders > Earn Orders
- Upon subscription, interest will be calculated from the next day (D+1), also known as the value date, and will be issued to the spot account daily starting one day after the value date (D+2).
- The daily interest payout will be calculated using the following formula: est. Daily Interest = Subscription Amount x Est. APY / 365
- Redemption: users can redeem their funds at any time after the value date (D+1). The principal will be returned to the spot account shortly after.
- Auto Transfer: when toggled on, Auto Transfer will automatically deposit available assets in the spot account to Flexible Savings products every day at 6 AM (UTC). Users can turn Auto Transfer ‘on’ or ‘off’ on the subscription confirmation page.
- Have questions? Check out Bitget Flexible Savings User Guide for more details.
Subscribe Win Up to 210 BGB in Rewards
Event period: 24 June - 1 July 12 PM (UTC)
????Subscription rewards
Users who subscribe to two or more Flexible Savings products during the event period, and reach a total subscription amount (in USDT, specified below) by the end of the event period, will have a chance to win a BGB airdrop pack (Silver, Gold, Platinum) as a subscription reward.
Users who deposit more assets to the Flexible Savings products can win even more. See the chart below for more details.
| Airdrop pack level |
Reward amount per pack |
Number of packs available |
Total subscription amount (value in USDT) |
| Silver |
30 BGB |
500 |
≥ 2,000 < 10,000 |
| Gold |
100 BGB |
200 |
≥ 10,000 < 50,000 |
| Platinum |
200 BGB |
50 |
≥ 50,000 |
Bitget will take a snapshot of each user’s Flexible Savings assets between 1 July 11 AM and 12 PM (UTC) to calculate the user’s total subscription amount (using any token’s market value in USDT in the same period). If the number of eligible users is greater than the number of packs available for any total subscription amount category, Bitget will conduct a random draw to select the winners. If the number of eligible users is less than or equal to the number of packs available, each eligible user will receive a BGB airdrop pack.
????Newcomer rewards
Users who subscribe any amount of asset to any Flexible Savings product during the event period, and haven’t traded on Bitget Spot and Futures before the event has begun, will receive 10 BGB as a newcomer reward.
Terms and Conditions
- Winners of Subscription Rewards will be announced within one week from when the event ends. Rewards will be distributed to the user’s spot account within two weeks after the event ends;
- The user’s total subscription amount does not include assets redeemed before the snapshot;
- Bitget reserves the right to disqualify any participants showing signs of fraudulent behavior immediately;
- Bitget reserves the right of final interpretation of this event, including but not limited to amending, changing, or canceling the event without prior notice.
Disclaimer
Cryptocurrencies are subject to high market 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
June 24, 2022
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