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Tapbit introduces tiered APY on Ethereum with new Tapbit Earn product
Tapbit announced the availability of its Tapbit Earn product, allowing users to earn up to 6% APY on flexible Ethereum (ETH) savings, with tiered rates based on deposit amounts.
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Tapbit detailed the launch of its Tapbit Earn suite, which allows users to earn interest on flexible cryptocurrency savings across several tokens, including Ethereum (ETH). The ETH product features tiered annual percentage yield (APY) rates: deposits between 0 and 0.3 ETH can earn up to 6% APY, amounts from 0.3 to 3 ETH receive 3% APY, and amounts over 3 ETH yield 1% APY, with a minimum deposit of 0.01 ETH required. The broader offering includes similar structures for other tokens such as BTC, USDT, USDC, and several altcoins, each with particular APY rates and minimum deposit amounts. Tapbit emphasizes that these products are designed as flexible, short-term savings options that aim to provide higher yields and maintain liquidity, while also noting the risks involved in cryptocurrency trading and advising users to consider their own research before participating.
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Tapbit is a cryptocurrency platform that enables users to trade in spot and futures markets, access P2P exchanges, and purchase cryptocurrencies with 45 fiat currencies. The broker supports over 800 assets, offers both browser-based and mobile app trading, and provides options for passive income through copy trading and the Earn service. For more details on trading conditions, fees, and regulatory information, visit the Tapbit broker profile on Traders Union: full review on Traders Union.
For more details on Tapbit’s recent initiatives, you can read our earlier news about their launch of a permanent zero-fee trading promotion for select spot pairs in the previous Tapbit update on Traders Union.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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