CoinEx | Interests from Token Deposits: CoinEx Leads the Wealth Management Market with an All-time High APY for USDT Deposits

CoinEx
4 min readNov 11, 2021

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Driven by NFT and the metaverse, the crypto sector has expanded its influence to non-crypto communities in 2021, which has aroused enthusiasm for crypto investments. Despite this, crypto investors have been frustrated by the radical price fluctuations over recent months. Crypto beginners, in particular, have been daunted by the drastic ups and downs in the crypto market.

Against such a background, the returns on USDT deposits of CoinEx’s Financial Account, on the other hand, have set a new record. In the past month, on CoinEx, the APY of USDT deposits in the Financial Account soared to 15.79%, which is far higher than flexible returns of certain conventional finance products.

In July 2021, CoinEx rolled out a new product called Financial Account, which focuses on stable returns. Backed by the steady streams of revenue of the CoinEx ecosystem, despite market surges or falls, Financial Account is a product that increases the value of coins, and 70% of the interest income from borrowed coins of margin trading on CoinEx will be allocated to users against the ratio of the holdings in their Financial Account, making the product more suited for those looking for low-risk returns.

Through CoinEx’s Financial Account, even crypto newbies can get returns

With this new product, the funds can be flexibly deposited/withdrawn, which increases users’ autonomy in earning interests from token deposits. Once users transfer their idle assets into the Financial Account, they can receive the corresponding returns (compound interests accrued daily). More specifically, Financial Account boasts the following advantages:

First of all, on CoinEx, your principal will always remain secure.

Asset security has always been one of the core advantages of CoinEx and a top concern among users. Since its inception, CoinEx remained one of few exchanges suffering “zero accident” in the crypto space. Committed to the user-first principle, CoinEx strives to keep users’ principal secure in each product, earning extensive user recognition.

Secondly, users’ returns are maximized through the flexible choice of crypto types

Financial Account now supports 20 types of cryptocurrencies, covering USDT, BTC, BCH, ETH, ADA, DOGE, EOS, LTC, TRX, and XRP. As such, the product is available to all most every kind of idle asset. Users holding multiple types of cryptos could choose the cryptocurrency with the highest returns based on the APYs in the past week. Financial Account sets no minimum deposit requirement and achieves flexible wealth management.

Thirdly, Financial Account sets no minimum amount and features flexible deposit & withdrawal

Financial Account fully reflects the advantages of flexible financial services and on-demand deposit and withdrawal — With no minimum deposit requirement, users may withdraw their crypto assets whenever they want. Not only is it fair and reasonable, but it is also convenient for users.

Fourthly, Financial Account features ease of use and intuitive return analysis

User-friendliness has always been at the center of CoinEx’s product development and UI design. The exchange works to facilitate ease of use, allowing users to enjoy products on CoinEx without much effort. It only takes four steps to set up your Financial Account. This process is also specified in the CoinEx Help Center. Furthermore, users can fully analyze their returns and better select the token type for depositing through the Profit & Loss Analysis function available on the Financial Account page.

Recording the highest return among all finance products, CoinEx gives back to users through deposit-based crypto returns

CoinEx has always put users first. As proof, its products directly respond to users’ most urgent needs. For instance, Financial Account answers to the beginners’ ignorance of crypto investment and the excessive holding cost of big crypto holders, offering a brilliant investment approach by which users can hold tokens while receiving stable returns. In the past month, the APY of USDT deposits in Financial Account has set a new record, reaching 15.79%, which shows the success and popularity of this CoinEx product. Financial Account will keep escorting your crypto assets and help you obtain steady passive income.

In the changing crypto market, users’ options have become increasingly diverse. Risk-averse users normally prefer to increase their wealth while keeping their crypto holdings safe. Committed to its users, CoinEx launched the Financial Account to respond to such a demand and offer another choice of wealth management for these users.

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