Earn 20% Passive Income: Bitget’s Game-Changing Hold-to-Earn Service Revealed!

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Don’t want to make crypto gains by traditional ways of Buying/Staking? Here’s another way for you!

In an exciting step aimed at fostering more intelligent cryptocurrency investments, Bitget recently introduced its lucrative and inventive Hold-to-Earn program called Bitget Yield for Holders (Bitget HolderYield).

At present, our Hold-to-Earn platform supports just two types of tokens that accrue interest: weETH (a type of wrapped Ethereum) and USDE (a stablecoin). However, we’re planning to expand this list in the near future, offering support for additional tokens.

How much will the Bitget users earn from HolderYield tokens?

As a researcher exploring financial platforms, I’ve found Bitget to be particularly appealing due to its innovative approach to distributing passive income. Users can enjoy base Annual Percentage Returns (APR), along with additional earning opportunities through participation in various promotional events.

Just by holding weETH and USDE, regardless of the account in which the crypto holdings are stored, an APR of around 20% can be expected for users.

Regarding our collaboration with Bitget by accepting the token – weETH as security – Ether.fi’s founder and CEO, Mike Silagadze stated, “We’ve received numerous requests from customers for using weETH as collateral and are thrilled to team up with Bitget to make it happen! Users of Bitget who possess weETH will earn ETH passively while still retaining the value exposure.

In simpler terms, Bitget’s CEO, Gracy Chen, showed excitement by saying, “We’ve made it easier for people to start earning returns on our platform. Now, the process is streamlined so that users don’t have to concern themselves with managing liquidity or lock-up periods anymore.

What are the ways to invest in HolderYield tokens?

Once your main Bitget account has been fully verified, you can purchase interest-earning tokens using any of the following methods:

1. Direct token purchase through the platform’s interface.
2. Token trading pairs within the exchange.
3. Utilizing deposit functions to acquire tokens with supported cryptocurrencies or fiat currencies.

  1. Spot Holdings – where users can purchase and hold tokens directly, enjoying baseline APR.
  2. Future Holdings – in this, users can use these tokens as margins for futures trading in multi-asset mode, making the margin amount also eligible to make earnings.
  3. Sub-account Holdings: for assets held in regular sub-accounts and virtual sub-accounts.

Daily Settled Earnings

To earn the most from your investments during promotions, it’s advisable to keep enough holdings rather than selling them immediately. There are minimum holding requirements too, as each account must have at least 1 USDT worth of weETH. Any earnings accrued will be paid out daily in the same tokens. The distribution amount is calculated using the closing price of ETHFI at 8:00 AM (UTC+8) each day, and the distributed earnings will be deposited into your account the next day at 6:00 AM (UTC+8).

Bitget’s initiative user-friendly but demands caution

Investors should exercise caution when investing in HolderYield token holdings, as the Annual Percentage Rate (APR) may change due to market price fluctuations. Additionally, investors must understand the profit-generating mechanism of each token’s protocol. For instance, for WEEETH, it involves blockchain staking yield. Changes in network conditions or staking returns can result in adjusted yields.

Regardless, should the value of these assets increase during the selling phase following their holding period, investors stand to gain substantial profits, thereby making HodlerYield an appealing and stable investment choice.

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2025-01-20 17:16