1. What is Fixed Income?
Periodic wealth management product. Invest coins to get profits. The longer the term, the higher the APY. It supports early redemption and users can invest or redeem at any time.
2. Does it support early redemption?
Users can redeem invested assets ahead of time, but there is no any profit for early redemption. To avoid wrong operation, redemption is not supported 1 hour before order settlement.
3. Is the product profit fixed?
Yes, the term and APY will not change after the order is confirmed.
4. Profit settlement?
The duration of invested asset is calculated from the time when the order is created. Once it is due, it will be settled once and the order profit will be distributed.
5. The settlement time of principal and profits
The principal invested in Fixed Income and profits will be distributed within 48 hours after the expiration.
6. How to calculate the profits?
Profits = Position asset at the time of expiration * est. APY / 365 * Term
7. The quota for users
The profit and term of the product will be adjusted according to the market situation. The quota for users is limited. First come, first served.
8. Product operation
BKEX will use digital assets invested in Fixed Income to participate in asset appreciation behavior including but not limited to asset quantification, and asset hedging. The service is based on BKEX sophisticated risk management system and smart cloud data service to guarantee the security of users' assets.
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