What is CoinMart Earn?
CoinMart Earn is a service that allows you to earn rewards on selected cryptocurrency holdings deposited for a fixed period into the product. By opting in, you can grow your holdings in specific crypto assets by earning interest on your deposited funds. It's a straightforward solution that allows you to make the most of some crypto assets while you hold them.
How does CoinMart Earn work?
Earning with CoinMart is easy. Simply select a supported cryptocurrency, allocate your holdings to the Earn feature, and start accumulating rewards. Your accrued rewards are yours to keep and will be credited to your main balance upon reaching the maturity date, as outlined in the terms and conditions.
Which cryptocurrencies can I deposit, and what are the rewards?
We currently support the following earning options:
- Bitcoin (BTC): 0.5% annual yield
- Ethereum (ETH): 3% annual yield
- Solana (SOL): 5.6% annual yield
What are the eligibility requirements for CoinMart Earn?
- Have a fully verified CoinMart account.
- Hold a minimum amount of the cryptocurrency you wish to allocate to CoinMart Earn.
- Ensure your funds are not currently locked in other products or services.
How do I get started with Earn?
Getting started is easy:
- Log into your CoinMart account.
- Navigate to the "Earn" section.
- Carefully review the risk disclaimer and related documents.
- Select the cryptocurrency you want to allocate.
- Choose the amount you'd like to allocate to CoinMart Earn and confirm. Rewards will start accruing immediately and will be compounded daily.
When will I receive my Earn rewards?
Rewards are calculated daily and will be credited to your account balance together with the principal once the maturity date is reached.
Is this the same as Staking?
CoinMart Earn does not involve on-chain staking of assets nor lending crypto assets to a 3rd party. All rewards come from our customer acquisition budget to reward our customers.
Are there any risks associated with Earn?
There are significant risks involved with this service:
- All assets have a lock-up period which may result in the inability to dispose of the assets until the maturity date.
- Please review our Earn T&Cs, Risk Disclosure, and General Terms & Conditions.
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