Description of Flexible Mining Product

As one of the BKEX digital financial derivatives, BKEX Flexible Mining provides purchase and redemption services of stable, secure and reliable financial products for digital asset holders.

Cryptocurrency is subject to high market risk. All services and information provided on BKEX (i.e. day rate) is based on cryptocurrency and measured on cryptocurrency amount, having nothing to do with the exchange rate of cryptocurrency against fiat. User understands the risk by participating BKEX Flexible Mining.

BKEX Flexible Mining is committed to selecting and providing profitable, secure and reliable cryptocurrency investment products which can be purchased by general users worldwide.

Rules of BKEX Flexible Mining

1. About the interest rate of BKEX Flexible Mining:

The benchmark interest rate of BKEX Flexible Mining is a dynamic interest rate, which will be determined according to the market situation.

Among them, the 7d APY is the average APY in recent seven days.

If user A deposits assets into Flexible Mining before 20:00 on June 1 (UTC+8), the interest rate of user A on June 2 is the interest rate of June 1.

If user A deposits assets into Flexible Mining after 20:00 on June 1 (UTC+8), the interest rate of user A on June 2 is the interest rate of June 2.

2. About the interest calculation of BKEX Flexible Mining:

2-1 Coin deposited before 20:00:00 (UTC+8) starts to bear interest from 20:00:00 (UTC+8) that day and receives interest at 20:00:00 (UTC+8) next day；

2-2 Coin deposited after 20:00:00 (UTC+8) starts to bear interest from 20:00:00 (UTC+8) next day；

2-3 Coin transferred out during interest period (20:00.00 (UTC+8) the day - 20:00.00 (UTC+8) next day) doesn’t bear interest.

3. Referral Rewards:

3-1 If A invites B, when B deposits assets into BKEX Flexible Mining, A can receive 12.5% of B’s income of Current Mining；

3-2 If A invites B and B invites C, when C deposits assets into BKEX Flexible Mining, A can receive 6.25% of C’s income of Current Mining；

3-3 Referral rewards is distributed automatically at 20:00:00 (UTC+8) every day；

3-4 Referees can receive referral rewards as long as their invitees deposit assets into BKEX Flexible Mining.

4. Notes:

The final explanation right of BKEX Flexible Mining Product is reserved by BKEX.

Advantages of BKEX Flexible Mining

• T+0
• Transfer in&out at any time
• Multiple currencies for users
• Rewards are distributed every day

Top-level Risk Control

• Professional risk management structure
• Multi-dimension real-time risk monitoring
• 7*24 early-warning management