Hotcoin Launches SAGD Locked Savings Activity
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Hotcoin Launches SAGD Locked Savings Activity

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Dear Users,


“Hotcoin Earn “ will soon be launching the SAGD locked savings activity, offering asset appreciation service for Hotcoin users who are holding idle crypto assets.



2.Locked Savings Product

● Subscription Mode:First come, first served

•    Subscription Starts: 20:00(GMT+8),April.25th ,2022

•   Settlement Period:From the second day after subscribing at 8:00  (GMT+8) to the end of days of the corresponding duration


•    The principal and proceeds of the assets are automatically released to the user's Spot account at the end of the Locked Savings activity cycle

•    No profit will be released due to mandatory redemption for customers with  fixed-assets unexpired



Crypto

Duration

Total Subscribe Quota

Individual Cap

APY

Lot Size

Yield  to Maturity

(Per Lot)

SAGD

14 Days

50,000 SAGD

2,000 SAGD

10%

1 SAGD

0.0038 SAGD

SAGD

30 Days

50,000

 SAGD

2,000  SAGD

12%

1 SAGD

0.0099  SAGD



Statement:


1.  If the total subscription amount reaches the upper limit, further subscriptions will be temporarily unavailable

2.  Hotcoin will dynamically adjust the currency/interest rate/individual cap of subscription according to the actual situation of market operation and the risk level

3.  Interest Calculation:


①   [Locked Savings Products]: User has subscribed the locked savings product of 10000SAGD at 10:00(GMT+8)on April.24th ,2022 with a 30 days period and 12% APY, then he’ll get 99.99SAGD after the due date at 8:00(GMT+8)on May.25th ,2022. (i.e.:10000SAGD* 12% APY/360 Days*30 Days)



Thanks for your supporting to Hotcoin, we’re looking forward to your valuable suggestions.

 

Hotcoin

April.24th ,2022


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Hotcoin reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.