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New BTC Fixed Savings at 7% for 90 days, max deposit 0.33 BTC, min 0.01 BTC

Binance

Cryptocoins Exchanges / Binance 264 Views

Anyone seen this new BTC fixed savings oportunity?? Seems a good one,

Im wondering when do they pay the rewards since they already seem to been calculated, for 0.33 btc you get 0.00569580 BTC but i dont know if they give it daily (that amount /90) or end of the 90 days, anyone is already in and can explain?? I entered on Sunday (Asia time) and now Tuesday i still didnt got any reward so im wondering if it will go all in the end.

Once you enter and you go into locked savings page, theres a button saying Transfer:

You can choose to transfer part or all of your locked savings products into flexible products, so that they have better liquidity and you can redeem earlier. Please note:

  1. You will not receive interest from locked savings products after the transfer.
  2. The flexible products will be allocated to your savings wallet the same day of the transfer, and you can redeem them right after.
  3. Interest gained from the flexible products will start to accrue tomorrow, and you will receive them on the day after.

This means that if you Transfer from Locked to Flexible, you wont lose the rewards you already received?? Before it was for example if you locked 1.00 btc and you already did 0.01 btc of interest, if you transfer early, they will give you 0.99 BTC, right?? But now how is it??

Thanks for reading and replying.

submitted by /u/heyheoy
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