Bitget Unveils Flexible Crypto Savings Product with Up to 365% Returns

Bitget, a platform offering one-stop trading for cryptocurrencies, stocks, and gold, has introduced Simple Earn, a flexible and secure crypto savings product. This allows users to put their idle assets to work and earn interest.

The key benefits of Simple Earn include flexible redemption with funds credited back to the user's account on a T+0 basis, allowing uninterrupted trading plans. It also offers attractive returns of up to 365% APR, with interest distributed daily. Additionally, auto-subscription is enabled, allowing users to automatically reinvest their funds and compound their earnings.

Simple Earn Flexible allows users to deposit crypto to earn interest automatically every hour or every day, while permitting redemption at any time. The estimated daily interest is calculated by multiplying the subscription amount by the APR divided by 365. Hourly interest distribution begins after the principal accrues interest in the next hour, with interest credited to the user's spot account the following hour.

Users can redeem their funds from a Simple Earn Flexible product by going to Assets > Orders > Earn Orders and selecting Redeem on the desired product. Interest will stop accruing once the redemption request is submitted.