Gate Simple Earn: Enjoy Up to 12% ETH APR Upgrade with No Subscription Limit
Gate Simple Earn: Enjoy Up to 12% ETH APR Upgrade with No Subscription Limit
Gate Simple Earn is offering a limited-time return upgrade for ETH investments. Users can now earn up to 12% APR by subscribing to either flexible or fixed-term ETH products. With no subscription limit, this is the perfect opportunity to enjoy high, flexible returns. Don't miss out – join now and start earning.
Event Details
About Returns
1.When users subscribe to the ETH flexible product, they can set a minimum interest rate. Once the borrowing is successfully matched on the hour, interest will be calculated based on the determined rate. If your assets are borrowed successfully at hour T, you will receive the interest earned during the following hour at T+1.
2.For users subscribing to ETH 3-day or 7-day fixed products, the APR for the term is fixed after the order is created. Interest accrual begins at 00:00 (UTC) the day after subscription, with interest and principal redeemed to the spot account upon the term ends.
3.Estimated maturity return for ETH flexible product, 3-day, and 7-day fixed products = Subscribed Principal × APR / 365 × Term of the Product.
About Redemption
1.ETH flexible product supports instant deposits and withdrawals, and redeemed funds will be credited immediately. Please note that if the borrowing percentage reaches 100%, meaning all lending offers have been borrowed, the platform will process redemption requests in order. During this period, interest will continue to accrue.
2.For ETH 3-day and 7-day fixed products, you can redeem the assets at any time before maturity. Please note that early redemption will result in the loss of all accrued interest. The principal will be returned to your Spot Account within 24-48 hours. Interest will be redeemed along with the principal to the spot account within one hour after the product term ends.
How to subscribe
Web: Earn - Simple Earn, select the corresponding coin to subscribe.
App: Earn - Simple Earn, select the corresponding coin to subscribe.
Notes
1.This event is only available to users with verified accounts. Each verified user can only participate using one account. Sub-accounts are not considered independent accounts for participation.
2.The annualized returns from Simple Earn will be credited to your wallet and can be viewed in the "Assets - Transaction History".
3.Relevant event information will also be announced on Gate Earn X and Telegram groups. Follow these accounts for more event updates.
4.Gate Simple Earn helps match users with idle assets to those needing loans. By lending assets to others, users earn interest, with borrowers providing 100% collateral for safety and convenience.
5.Risk Warning: Please be aware that virtual currency trading is subject to market, policy, and other factors, leading to significant market volatility. Price fluctuations are unpredictable, so please be cautious and aware of market risks.
6.To ensure fairness and protect all participants' interests, any cheating during the event is strictly prohibited and will result in immediate disqualification.
7.Users in the UK and other restricted regions cannot access this service (please refer to the User Agreement for details on restricted areas).
8.Gate reserves the right of final interpretation for this event.
• Visit our Official Website
• Download Gate App / Web now
• Follow us on Gate X (Twitter) to get more bonuses
• Join our Telegram to discuss hot topics
• Join our Global Community to get more updates
• We provide 100% proof of reserves
• Sign up to enjoy max. $10,000 in rewards exclusively for new users
• Get 40% commission from referrals
Gate Team
February 22, 2025
Share Posts
Related Articles