Fixed Savings is a product that allows users to deposit crypto assets for a fixed period with a guaranteed interest rate.
When opening a Fixed Savings deposit, the user agrees to lock a selected amount of funds for a chosen term to receive a fixed interest rate that is locked at the moment the deposit is created.
The user selects in advance:
the asset
the deposit term
the applicable interest rate (APR)
Once the deposit is opened, the funds are locked for the entire term and cannot be withdrawn until maturity.
Interest is accrued on the deposit and paid at the end of the selected term. The interest rate remains unchanged for the full duration of the deposit, regardless of market conditions.
💡 After the term ends, the deposit is automatically renewed unless the user has disabled auto-renewal.