Monday, January 18, 2021
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Bexplus To Launch High Annualized Income Products More Stable Than DeFi Projects

Cryptocurrency futures trading platform Bexplus recently added an interest-bearing BTC wallet service. Compared with ordinary wallets and trading accounts, when they are not trading, users can transfer their assets to the interest-bearing wallet to earn stable income (annualized interest of up to 30%). Bexplus made a good move and consolidated its position as a leading exchange in the cryptocurrency community. Compared with the recent heated DeFi projects, Bexplus wallet provides a more stable income with fewer risks. 

Huobi Group CIO Sharlyn Wu has made a comment on DeFi:

“Because of DeFi, for the first time in history, we can create a financial system that can run automatically without human intervention, and accurately calculate the risk-reward structure behind all assets and transactions, which has also completely changed the financial game. However, only a complete agreement can make a lot of money in the DeFi field. When financial institutions need to invest millions or even billions of dollars in DeFi transactions or loan agreements, they are not willing to bear the pricing risk from one person or a small group of people. Without proper risk management, they will not invest funds into the DeFi agreement. Although projects such as Uniswap have laid a solid foundation for DeFi and attracted more than 100,000 users, for DeFi to formally enter Wall Street from a “casino”, we need to give full play to the mathematical determination in the era of decentralized finance. These characteristics of performance and computability.”

In view of the decrease in yield and high risks of DeFi projects, more investors redirect their attention to investment tools with stable income.

Bexplus BTC Wallet – a Trustworthy Wallet with Up to 30% Interest

Bexplus, a leading crypto-trading platform offering 100x perpetual contracts on BTC, ETH, LTC, EOS, and XRP, recently launched its innovative interest-bearing wallet with up to 30% annualized interests. Without a doubt, this is the highest rate in the industry.  

Bexplus To Launch High Annualized Income Products More Stable Than DeFi Projects 2

The interest is calculated daily and the revenue of the deposit will be settled monthly. The monthly interest is calculated as (S*I/365*30)=MI. S represents the sum of the deposit, I stands for interest, and MI is the monthly interest.

If you deposit 10 BTC in your wallet, the monthly interest you would receive is (10*30%/365*30)=0.24 BTC. While most lending platforms require traders to deposit at least 1 BTC, traders can make a deposit starting from 0.05 BTC on Bexplus.

Features of Bexplus Wallet

Independence: the wallet is independent of the trading account, so the deposits would not be used as margin, nor would it be influenced if your positions got liquidated. Furthermore, the deposits in your wallet will not be used by Bexplus for other purposes, so your deposits will not be “locked up.”

High Security: The platform uses multiple signature access, and all funds transferred from cold storage to hot wallets are manually processed and require multiple staff to coordinate.

No Penalties for Early Withdrawal: withdrawal requests will be processed within 1 day with no penalties for early withdrawal. If you withdraw your deposit on the tenth day of the month, you can still receive the interests generated within this period. 

No KYC Requirements: all registrations on Bexplus are done via email verification. You don’t have to worry about getting your information leaked. You can start trading within a few minutes and the transaction between the trading account and wallet is instant.

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Disclaimer. This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

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