Many bitcoin investors hold their investment for months or even years. Part of it you may want readily available, while the rest you're happy to leave sitting. With Earn, you can put that bitcoin to work. With Earn you get the option to put your unused bitcoin to work.
You decide which part of your bitcoin position you move to Earn. Behind the scenes, Amdax then lends out that bitcoin within a strict risk framework. he returns from this are used to exempt you from the 0.6 percent service fee that is charged within Vault.
When you use Earn, you don't have to go looking for returns or strategies yourself. It's a different way to hold your bitcoin at Amdax, without having to keep an eye on it.
Vault and Earn sit side by side, each with its own role. Within Vault your assets are held 1-to-1 and segregated. You can trade, stake and activate other services there. You use Earn to put your bitcoin to work without having to keep an eye on it, and new assets may be added in the future. How you divide it is up to you.
This creates more choice within the Amdax environment you already know, without making your portfolio any more complicated. Earn is available in the Amdax app and web environment from today.
Want to know more about Earn? Take a look at the product page or contact your account manager.
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