Here’s how you start Lending!

1. Select a crypto you own

2. Specify the quantity to lend

3. Choose your lend term period

4. Earn fixed returns on your deposits

5. Your lending are deposited at the end of the term

What’s the estimated yield

Crypto

30-day annualized
yield (up to)

60-day annualized
yield (up to)

90-day annualized
yield (up to)

Bitcoin/BTC

0.15%

0.20%

0.25%

Ether/ETH

0.15%

0.20%

0.25%

Binance Coin/BNB

1%

2%

3%

Polygon/MATIC

2%

3%

4%

Binance USD/BUSD

2%

3%

4%

Tether USDT

2%

3%

4%

Questions you may have

01 What is Crypto lending?

Crypto lending is the process of lending your digital assets to CredibleBit for a fixed term in exchange for passive returns.

02 What is the rate of interest for lending?

Annual interest yield depends on the coin and the time period you lend it for. This will be calculated as Simple Interest. For exact rates of interest, please refer to the table above.

03 Which coins can I lend to CredibleBit and earn ?

Currently, we are supporting the following coins:

BTC
ETH
Polygon ( MATIC)
Binance Coin
USDT
BUSD

04 What are the minimum and maximum tenure for the deposits?

We offer 4 types of fix deposits:    

These can be for 7 days, 30 days, 60 days, and 90 days. In this case, the tokens cannot be withdrawn before the end of the term. In case you choose to withdraw before the end of the term a penalty will be applied.

For  fixed-term lending:
Tap on any cryptocurrency lend button from your home screen. Please check minimum amount before placing the order.

 
05 Is there a penalty for early withdrawal of coins?

Yes, there is a penalty on the earnings accrued till date. The details are available on the app.

06 Is there a minimum deposit limit for each token?

Yes, there are minimum limits for each coin. Please check the app for the minimum limits.

07 How will the earnings be calculated?

Earnings would be calculated for a 24 hour period starting from 00:00 UTC to 23:59 UTC and will start at 00:00 hrs UTC from the start date of the deposit.

08 When will the earnings be credited into the account?

For term deposits, interest will be credited to your  wallet account between 00:00 and 02:00 UTC at the maturity of the deposit.

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