Hotcoin Launches SAGD Locked Savings Activity

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
Hotcoin Community
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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.