Earn interest is a marvelous yet simple process where you can earn interest on your USDT deposit. For this, it is mandatory to have a verified account in Unocoin.
You get to choose the tenure for which you would like to earn interest. The tenure can be as short as 1 day to as long as 730 days. The rate of interest is the rate of interest per annum. You can also enable Auto-renewal, which is an optional feature.
It is an automatic process wherein once your tenure is finished, the entire maturity amount will be deposited for the subsequent tenure.
You can now earn the interest, based on the rate of interest for the same length of tenure and on the new maturity amount. If at any point, you want to discontinue your earned interest request, you can pre-close your request.
How to place an order to earn interest?
You can place the deposit order for earn interest by following the below steps:
1. Login to your Unocoin account and go to Dashboard
2. Go to USDT Balance and click on Earn interest
3. Fill in the required details and select the tenure
4. Click on Deposit Tether
In the Unocoin App you can find the earn interest feature in the More optionYou can check the order details in the history option.
Can I pre close the earn interest deposit order?
Yes, you can click on the pre close button which you can see in the history option to pre close the order. The interest will be calculated by -1% of the original interest as per the selected plan and the USDT balance gets credited to your wallet.