Introduction to Bitget Subscription Vouchers
What are subscription vouchers?
In order to provide Bitget users with an enhanced Earn experience and better perks, the Bitget Earn team has launched subscription vouchers, which can be used to receive more profits from Earn products.
What Earn products can subscription vouchers be used with?
Subscription vouchers can only be used with Bitget Savings products (Fixed and Flexible).
How are Bitget subscription voucher profits calculated?
Total profit = product earnings + subscription voucher earnings.
Let's say you have a USDT subscription voucher at 5% APR with a term of 7 days (subscription vouchers can apply to up to 20,000 USDT) and that the Earn product you want to subscribe to has a 2.5% APR and a term of 30 days. If you subscribe with 50,000 USDT and use the subscription voucher, you will receive (20,000 × 5% ÷ 365) × 7 USDT from the voucher after the product expires in 30 days.
1. Product profit = subscription amount × product APR ÷ 365 × product term.
2. Subscription voucher profit = subscription amount × subscription voucher APR ÷ 365 × number of effective days.
When will the subscription voucher profits be distributed, and where can I find them?
Profits will be distributed to your spot account once a day with the profits of the Fixed/ Flexible Savings product you have subscribed to.
How to use subscription vouchers?
Can I use subscription vouchers with Shark Fin products?
No, you can't. Subscription vouchers can only be used with Fixed/Flexible Savings products.
Can I split a subscription voucher?
No, you can't. Each subscription voucher can only be used for one Fixed/Flexible Savings subscription.
Will I receive any notifications when a subscription voucher is used?
When you receive a subscription voucher, you will receive a notification to remind you that the voucher has arrived in your account. After successfully subscribing to a product with a subscription voucher, you will receive a notification to remind you of the subscription details. When the coupon is three days from its expiration date, you will receive a notification to remind you to use it in time.
What happens when a subscription voucher expires?
Subscription vouchers must be used during their term. Otherwise, they will expire, and you will not be able to obtain additional profits. Check your notifications to stay up to date on your subscription vouchers.
If a subscription voucher has a term of 3 days, but the Earn product only has a term of 1 day (Flexible Savings), does this mean that the interest is only increased for 1 day?
Yes. When the subscription voucher term exceeds the product term, you will only earn additional interest for the product term.
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