1. What is BloFin Earn?
BloFin Earn is a product providing users with flexible and fixed staking services and structured earnings. Users can earn passive income by staking specific digital assets with BloFin Earn.
2. Which cryptos are supported?
Under BloFin Financial Products, currently supports three currencies: USDT, BTC, and ETH.
3. How to calculate the yield cycle after participating in Earn?
Yields will be accumulated from the next day, and snapshots will be taken daily. The actual situation varies from product to product. Please refer to the description on the product page.
4. Can I redeem it in advance? If I redeem early, can I get some interest?
Flexible products can be redeemed at any time, and the yield will be settled until the day before redemption. When other Fixed products reach the required savings period, you can choose to redeem or continue savings. The final yield will be calculated according to the actual days staked, and the principal will be unlocked on the redemption unlocking day.
5. Is the principal guaranteed on my deposits in BloFin Earn?
BloFin Earn relies on the BloFin risk control system, and all user assets deposited in BloFin Earn are safe and secure.
6. When will users' funds be deducted after depositing to BloFin Earn product?
Users' funds will be deducted from the Funding account to the BloFin Earn account on the day of the deposition. Users can check BloFin Earn account assets at any time.
7. Why should I use BloFin Earn?
BloFin Earn offers you the opportunity to earn interest on a diverse portfolio of digital assets that you do not wish to trade with. As we expand our services, more and more tokens will be made available on BloFin Earn for you to deposit into interest-earning accounts.
8. What are Fixed products and Flexible products?
BloFin offers two types of Earn products: Flexible and Locked.
Flexible products provide the flexibility to redeem your assets whenever you need them, giving you quick access to your funds. With Flexible products, you can deposit your assets and earn interest while retaining the ability to withdraw them at any time without penalties.
This option is ideal for individuals who require liquidity and want the freedom to manage their funds according to their immediate needs.
Flexible products provide the flexibility to redeem your assets whenever you need them, giving you quick access to your funds. With Flexible products, you can deposit your assets and earn interest while retaining the ability to withdraw them at any time without penalties.
This option is ideal for individuals who require liquidity and want the freedom to manage their funds according to their immediate needs.
Locked products require you to deposit your assets for a fixed period, during which you earn a higher return compared to Flexible products. By committing to the lock-up period, you can benefit from the increased interest rates offered by Locked products, maximizing your potential earnings.
Locked products are suitable for individuals who have surplus funds they can temporarily set aside without the need for immediate access.
Locked products are suitable for individuals who have surplus funds they can temporarily set aside without the need for immediate access.