People looking for a stable income will probably wonder if there are less risky methods available to invest in Bitcoin and other crypto assets. Crypto-based financial products abound in the market, offered by companies like Binance Earn, okx Earn, Kucoin Earn etc. Upon closer examination, most of these are flexible deposit products with low annual yield rates (APYs) depending on the asset deposited. In order to meet market demand, Huobi Global, one of the world’s leading digital asset exchanges, launched its PrimeEarn product in December 2022, giving crypto investors a high APY for staking tokens. Unlike the flexible deposit products mentioned above, PrimeEarn is a fixed deposit product that plays an important role in the market by providing incentives for crypto investors to hold their assets for a longer period of time. Huobi PrimeEarn has proved popular with investors since its launch, with most of the products on offer selling out within hours of going live. What are the features that set Huobi PrimeEarn apart from the competition? Let’s take a closer look at that. The advantage of fixed deposits From an APY perspective, the longer a product’s investment period, the higher the expected return. Flexible deposit products are time consuming; time is taken when money is transferred, deposited or withdrawn from account to account, increasing idle time. However, the long-term deposit period offered by Huobi PrimeEarn means that you can effectively avoid these problems and reduce income loss from inactive funds. In addition, the APYs for solid products tend to be higher than those for flexible products. Why Huobi PrimeEarn? Mainstream and Popular Assets Offered Huobi PrimeEarn offers different asset products for every event it launches. Assets offered for fixed deposits from the 1st event to the present (7th event) include: USDT, UST, HUSD, BTC, ETH, AXS, DOT, MATIC, LUNA, ATOM, AVAX, and KSM. High APY The APYs offered for each asset are higher than the competition, but may vary by event. For example, the 14-day APYs for BTC, USDT and ETH staking hit 12% during the first event. During the 3rd PrimeEarn event, APYs for depositing assets such as SOL and MATIC reached as high as 35% – almost double the yields of competing products in the market. No individual limit Huobi PrimeEarn sets no limit on a person’s deposit amount. APY Tariff Increase Coupons In addition to the high APY products, users can obtain APY Tariff Increase Coupons to enjoy higher APY. Seventh PrimeEarn Event In the latest PrimeEarn event, Huobi Earn also introduced a “Friend Invitation” program to engage and reward both invitees and invitees. During the event period, attendees can invite at least one friend to get APY rate boost coupons and enjoy APY up to 14% and 11% for USDT and ETH deposits, respectively. Invitees must deposit at least USD 10,000 in assets. Each invitee can get the same APY coupons as their invitees. Event Period: 19:00, March 23 – 19:00, March 30 (UTC+8)
“We operate in volatile market conditions, which may not be ideal for crypto investors looking for greater stability,” said Du Jun, co-founder of Huobi Global. “Our weekly PrimeEarn events address the needs of such investors by providing them with the ability to deposit and hedge risk, while also achieving returns. We hope that each user can invite their friends to join PrimeEarn and enjoy the benefits offered together.” If you want to know how to earn stable income with Huobi Earn, click here† For more details about the event, click here†
