BTC/ETH HODLers, we hear you! Earn up to 3% APY with our new savings accounts.
May 20, 2021
Steaker launches Bitcoin (BTC) and Ether (ETH) savings accounts with 2~3% annual percentage yields (APY). The interests will be settled once a day at 08:00 (UTC+8), issued in the original currency, and displayed under the account records.
Earlier this week, Bitcoin and Ether prices dropped after a long period of consolidation. Suppose you are a long-term investor with a philosophy to HODL over the dips. Why not transfer your crypto assets to Steaker accounts? After all, the amount won’t increase in your wallet. Take an easy step to deposit, and you can enjoy stable interests every day.
2% BTC account
- Interest Rate: 2% annual percentage yield (APY). The minimum interest accrual amount is 0.001 BTC.
- Deposit: BTC transactions require 12 block confirmations (on the blockchain) and may take up to 60 minutes to complete.
- Withdrawal: The amount must exceed 0.0005 BTC. The system will automatically deduct 0.0005 BTC as a processing fee.
3% ETH account
- Interest Rate: 3% annual percentage yield (APY). The minimum interest accrual amount is 0.01 ETH.
- Deposit: ETH / ERC20 transactions require 3 block confirmations (on the blockchain) and may take up to 1 minutes to complete.
- Withdrawal: The amount must exceed 0.005 ETH. The system will automatically deduct 0.005 ETH as a processing fee.
- Please do not transfer other tokens to BTC and ETH addresses; otherwise, you may lose the funds.
- The deposit process is the same as Steaker USDⓢ account. If you have any further questions, please refer to this article or reach out to our customer support at steaker.com.
- Withdrawals will be processed in 1 business day, excluding weekends and public holidays.