What is the Flexible Savings APY Booster?
Flexible Savings APY Booster is an exclusive benefit provided by CoinEx for users’ asset growth.
During the validity period, you can deposit specified tokens into the Flexible Savings Account and activate the booster to receive an additional X% interest rate on top of the original annual percentage yield (APY).
Example: If the base APY for a USDT Flexible Savings product is 7%, and the booster adds an extra 5%, the final effective APY will be 7% + 5% = 12%.
How to use the Flexible Savings APY Booster?
1. Check your boosters
Visit CoinEx official website (https://www.coinex.com), log in to your account, and go to [Reward Center] > [My Rewards] to view your Flexible Savings APY Booster.
2. Activate your boosters
(1) If you have multiple boosters, choose one to activate. Only one booster can be activated at a time. You can activate the next booster after the current one expires.
(2) For single-token boosters, the booster takes effect immediately after activation. For multi-token boosters, please select a token before activating.
Note: Please activate your booster before the activation deadline. Expired boosters cannot be used.
3. Booster takes effect
(1) Once the booster is activated, your subscribed token will enjoy the APY boost automatically, without the need to resubscribe. The effective time is displayed on the booster details page.
(2) After activation, the booster timer starts immediately. To maximize the booster, please subscribe to the corresponding token as soon as possible.
Note: If the subscription amount of the boosted token is 0 after activation, no additional interest will be generated.
4. View boost status
On the token subscription page, you can check the subscription amount eligible for the APY boost.
Example: “Enjoy 88% additional APY within 1,000 USDT” means you can get the full 88% extra APY by subscribing to 1,000 USDT.
FAQ
1. How to transfer assets to the Earn Account?
Method 1: After activating the booster, click [Subscribe] on the booster page to transfer assets.
Method 2: After depositing funds, transfer from [Spot Account] to [Earn Account] and make a subscription.
2. Can I activate multiple boosters at the same time?
No. Only one Flexible Savings APY Booster can be activated at a time. The next booster can only be activated after the current booster expires.
3. What happens if I redeem Flexible Savings products early?
Interests will stop accruing as soon as you redeem the products. During the booster validity period, the boost will reset when you resubscribe to the same product.
4. Can sub-accounts use boosters?
No. Sub-accounts cannot claim or use any Flexible Savings APY Booster.
5. How to view my additional interest earnings?
Go to [Assets] > [History] > [Earn], filter “Operation” as “Flexible Savings Subsidies” and check your additional interest earnings record on a daily basis.
6. How is additional interest calculated?
Daily additioanl interest (after 24 hours) = Principal × additional APY ÷ 365
Note: The principal cannot exceed the principal cap set for the booster.
7. How to obtain Flexible Savings APY Boosters?
Complete tasks listed in the Reward Center or participate in platform events to receive booster rewards.