Users can subscribe to and withdraw from AAX Flexible Savings Product any time.
- About Flexible Savings
1) Flexible Savings supports Subscribe, Allocate More and Withdraw functions at any time;
2) The minimum subscription amount for each coin is different, and there are no restrictions on Allocate More and Withdraw functions;
3) Flexible Savings Subscribe / Allocate More starts to accrue interest immediately, the minimum interest accrual duration is 1 minute, and the interest will be distributed to the account from 00: 00-00: 30 UTC of the next 24 hours;
4) The accuracy of the interest distribution is 8 digits. For example, if the income is 1.123456781AAB, then 1.12345678AAB will be issued (if the holding time is too short, or the principal is too little, and the interest could be 0);
5) Subscribe / Allocate More amount will be deducted from the available balance of the savings account, if the balance is insufficient, it needs to be topped up first;
6) Withdrawal will incur to the savings account;
7) No fees, no lockup.
- Annualized rate of return
The interest rate of AAB Plus consists of a fixed interest rate and flexible interest rate. The flexible interest rate depends on the price of AAB on the day of interest calculation. If AAB appreciates at price, the floating interest rate is 0. If AAB depreciates, a flexible interest rate will apply.
The annual interest rate of other coins is composed of market interest rate and flexible interest rate. The market interest rate is derived from the average interest rate of other top exchanges, flexible interest rate = market interest rate * 55%.
- How to Subscribe, Allocate More and Withdraw Flexible Savings?
Open https://invest.aax.com/saving/ website, and click 'Subscribe Now'.
If you have insufficient balance, you can click 'Transfer Now' to transfer assets from your Trading Account to Savings Account.
Click 'Allocate More' for additional subscription.
5. You can withdraw your assets at any time by clicking 'Withdraw'.
6. Enter the quantity you would like to withdraw and click 'Withdraw' to redeem.