What is IBIT Simple Earn?
IBIT Simple Earn is one of the flagship products under the IBIT Earn section, offering high annualized returns through crypto investments. Built on the principles of high yield and security, IBIT Simple Earn caters to diverse crypto investment needs, allowing users to select products that align with their preferred risk and reward levels, helping to grow their assets.
Main Simple Earn Products
1. Flexible:
Deposit crypto and earn interest automatically with the flexibility to deposit or withdraw anytime.
2. Fixed:
A time-locked product requiring assets to be locked for a fixed period. Offers higher returns compared to Flexible Earn.
What is Annualized Yield?
Annualized yield represents the yearly return rate on your investment if the current rate is maintained for 365 days. It is used to calculate the expected earnings for IBIT Earn products.
How to Subscribe to Earn Products?
•Navigate to Simple Earn via Assets - Finance - Earn to start investing.
•Funds for subscription can come from:
•Unified Trading & Funding Accounts: Prioritizes the account with more assets.
•Unified Trading Account: Use this account as the funding source.
•Funding Account: Use this account as the funding source.
Viewing Your Earn Products
•Check your active Earn orders under Assets - Earn.
•Review your subscription history via Assets - Earn - Top Right Corner.
•View your earnings under Assets - Earn - Top Bar.
Earn Product Returns
Different products offer different returns based on their annualized yield. The details displayed on the product page and the actual earnings take precedence.
Redeeming Earn Products
1. Flexible:
Supports instant redemption, with funds returned to the original account immediately.
2. Fixed:
•Early Redemption: Available for some products but forfeits all accrued earnings.
•Auto Redemption: Funds and interest are automatically returned after the lock-in period, typically at T+1, 16:00 UTC+8.
Reasons for Redemption Failure
•Redemption amount exceeds available balance (consider decimal precision).
•Assets are already redeemed or in the redemption process.
•Some Fixed products don’t allow early redemption.
•Fixed assets are in the T+1 auto redemption phase.
•Daily redemption limits for some products have been exceeded.
Risks of Simple Earn
IBIT Simple Earn is designed as a principal-protected investment product with comprehensive safeguards, including:
•Robust risk control measures.
•Ample reserve funds.
•High-performance system protection.
*Note: While the product aims to preserve capital, users must account for market price fluctuations of deposited crypto, project-specific risks, and unforeseeable external risks.
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Customer Support: support@ibit.global | Partnership: business@ibit.global
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