Hotcoin’s Announcement on Launching GETE Asset Financial Management
HotcoinDear Users,
Hotcoin will launch the GETE flexible financial management event on October 2, 2024, at 15:00 (UTC+8), providing Hotcoin users with a service to grow their idle digital assets.
Event 1: Flexible Financial Management
GETE Flexible Financial Management Overview
Digital Asset: GETE
Total Subscription Amount: 100,000 GETE
Annualized Yield: 180%
Personal Deposit Limit: 10,000 GETE
This product allows users to invest their idle digital assets at any time to earn profits and supports withdrawal at any time.
Subscription Details
Subscription Period: Anytime
Profit Calculation Start Time: 08:00 (UTC+8) on the second natural day after subscription
Profit Distribution Time: 08:00 (UTC+8) on the third natural day after subscription
Redemption Options
Quick Redemption: Funds are available immediately, but profits are not calculated for the day.
Standard Redemption: Funds are available at 10:00 (UTC+8) on the second natural day after redemption, and the redemption day is included in the profit calculation.
Profit Calculation Example
Example 1 (Flexible): A user subscribes to 10,000 GETE on October 3, 2024, at 08:00 (UTC+8), with a 1-day period at an annualized yield of 180%. Upon maturity at 08:00 on October 4, 2024 (UTC+8), the user will receive 50 GETE in profit.
(That is: 10,000 GETE * 180% annual rate / 360 days * 1 day)
Thank you for your support of Hotcoin!
Hotcoin Team
September 30, 2024
