Bybit Savings: Grow Your Savings With Fixed and Flexible Plans
ByBit stoked to announce the rollout of Bybit Savings! Now, you can customize your savings experience with our fixed and flexible products.
Choose from our brand-new Fixed Term Savings plans and earn up to 999% APY — or choose to grow your holdings with Flexible Savings, which allows you to unstake your tokens at any time.
What is Fixed Term Savings?
With fixed term products, the staking period and APY are fixed when you select a product plan. This way, you know exactly how much yield you’re getting on your investments! If you want to earn passive income on your idle funds, this product is perfect for you.
As the name suggests, you will not be able to unstake your staked tokens during the duration of the plan. Both your principal and yield will be deposited to your Earn Account at the end of the staking period.
What is Flexible Savings?
For those unfamiliar with Flexible Savings, it allows you to stake your assets and earn up to 20% APY with low risk! The best part of all is that you can unstake your tokens at any time — so you can earn and still retain flexibility in managing your tokens.
Whether it’s fixed or flexible products that you fancy, your principal is guaranteed! On top of that, you’re sure to be receiving high annualized interest on your favorite coins.
What are you waiting for? Start earning interest now!
This change is a part of our continuing efforts to improve upon our product offerings. Whether you’re new to crypto, or a native in the field, we believe in providing a range of products suitable for anyone looking to grow their crypto holdings.
As Bybit continues to grow, you can expect new products, better services and more ways to earn. In short, we’re just getting started.
In the meantime, check out Bybit Earn’s current offerings here.