Savings Service Terms & Conditions
The Savings project is launched by the Platform to generate additional income and provide value-added services with idle assets.
The Client unconditionally authorizes the platform to allocate and distribute the interest collected by the leveraged products reasonably according to the rules of the platform.
When the Client use the Savings Services, they should abide by relevant national laws and ensure that the source of assets is legal and compliant.
The Client shall abide by the relevant laws to ensure that their sources of funds are clear, legitimate and compliant.
The Client should fully recognize the risks of investment products and operate cautiously.
The Client confirms that all investment operations conducted represent their true investment intentions and that they unconditionally accept the potential risks and benefits of their investment decisions.
The Platform reserves the right to suspend or terminate the Savings service. If necessary, the Platform can suspend and terminate the Savings service at its own discretion.
Regardless of network delays, computer systems failures and unexpected reasons, which may lead to suspension or deviation of Savings service execution, the Platform will use commercially reasonable effort to ensure but not promise that our Savings service execution system run stably and effectively.
The Platform does not take any responsibility if the final execution does not match Clients' expectations due to the above factors.
I have read and agreed to the Savings Service Terms & Conditions and want to continue using the Savings service. I am aware of all risks associated with this investment.
Title: Notification about your money
Content: Dear $name$, your $Savings Service$ income in the amount of $amount$ has been sent to your Wallet.
1. What is the difference between the new Wallet Savings Service and the previous version of the Wallet?
The Savings Service products available in the new version of the Wallet allow Clients to actively subscribe and cash out. The "Savings Service & Interest" and the Wallet are managed separately.
2. What is the Savings Service & Interest?
The Savings Service means that after the product is purchased, it can be cashed out at any time, and the funds are instantly returned into the Wallet.
3. How to calculate the interest within the Savings Service?
The interest is calculated on a daily basis, and the unsettled interest is issued on the 27th day of each month.
4. What is a fixed Savings product?
A fixed Savings product means the contract will expire and will be cashed out automatically at a certain date. Funds will be put in the Wallet immediately at that time and date.
5. Can the Savings Service product be redeemed (cashed out) in advance?
Yes, the funds will be returned to the Wallet immediately, but there will be no profits to be collected in advance.
6. What is the Savings Service expiry time?
At present, the platform's Savings Service wealth management services are in a beta stage. In order to control the risks, the platform currently only provides four relatively short-term regular wealth management services for 7 days, 14 days, 30 days and 90 days.
7. Is there a limit on the amount of money within the Savings Service and Interest?
During the closed beta period, the limit for all floating customers is USD 10,000; the fixed-investment quota is USD 50,000 while the and the fixed minima is set on 1,000 USD. Validated enterprise clients are limited to 5 million USD. Please follow our notifications and adjustments to this policy.