Bit.com Blog

Bit.com launched a Mobile-based Fixed Savings Product with High APYs and Zero Risks

Bit.com launched a Mobile-based Fixed Savings Product with High APYs and Zero Risks

[Mar 29, 2022]

Bit.com, an all-in-one cryptocurrency exchange offering a wide range of complex crypto financial instruments, including futures and options products, accessible from mobile, web, and API, is launching a fixed savings product, Bit.com EARN, with high and competitive APYs.

Bit.com's EARN is powered by Matrixport, enabling users to enjoy zero downsides or risks while receiving high rewards for their deposited assets. Users who are new to savings will enjoy a 30 percent annual return rate.

EARN is available exclusively on bit.com’s mobile app and supports over 20 digital assets: USDT, USDC, BTC, BCH, DOGE, DOT, ETH, LINK, LTC, SHIB, SUSHI, and UNI. The launch of the savings product completes the exchange's business landscape, conveniently saving time for Bit.com users, enabling them to earn high yields from their assets. Before the savings product activation, users had to transfer funds into their Matrixport account to earn savings interest when they were not trading.

“The addition of a fixed savings product on Bit.com meets the demand for traders who seek to shorten the transaction time from their yield generating wallet to trading wallet, especially when there is a market move to capture. We create a safe and professional environment for users to trade and park assets, bringing passive income, trading and settlement together in one platform.” Noted Toya Zhang, CMO of bit.com

Bit.com is powered by Matrixport, one of the world's most trusted cryptocurrency platforms with over $10 billion in total assets under custody and management. The exchange also partners with Cactus Custody - a licensed, and institutional level custody service as custodian, support Ukey and withdraw address whitelist to safeguard users’ funds.

About Bit.com

Bit.com is a full-suite cryptocurrency exchange powered by Matrixport, one of Asia's fastest-growing digital asset financial services platforms. Since August 2020, bit.com has been online supporting the perpetual, futures, and options products of BTC, ETH, and BCH, with a particular highlight being pioneers to launch BCH options. Trading volume-wise, bit.com is the second-largest in the BTC and ETH options market.

Bit.com is committed to providing price discovery, trading strategy execution, and liquidity provision services while constantly driving financial product innovation, listing selective tokens for our users.


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