ZebPay Earn FAQs

Modified on Fri, 29 Aug at 12:43 AM

Created on Mon, 15 Mar, 2021 at 11:10 PM

What is Earn?

The Earn feature is a secure investment solution introduced by ZebPay, that provides various earning options to its users for earning returns on their crypto-holding. Think of ZebPay Earn as your crypto savings account. Hold your crypto with us, and receive a fixed return.


Where Can I find this option?

You can find the 'Earn' option on both the app and the web.

On the app, click on the hamburger menu at the top left corner. You will see an option labeled 'Earn' under 'Crypto Actions'.


On the web, you will find the 'Earn' option under the 'Portfolio' section in the left-hand menu.


How are the earnings calculated on this?

A deposit on ZebPay’s Earn feature unlocks the power of passive earnings from your crypto. Under a fixed-term deposit, you can deposit your crypto with us for up to 90-day periods. 

These earnings are calculated on the volume of your crypto holding. As a result, they can be used to enhance your earnings when the price of a token goes up. Alternatively, they add a safety factor against a price drop by ensuring a certain amount of earnings.


Which coins can I invest in ZebPay's Earn feature?

Currently, we are supporting the following coins:

ATOM (Cosmos)

BNB (Binance Coin)

BTC (Bitcoin)

ETH (Ether)
POL (Polygon)

TRX (TRON)

ADA (Cardano)

USDT (USDT)

INJ (INJ)

SOL (Solana)



What are the minimum and maximum tenure for the deposits?

We currently feature only the Fixed Term Earn. The minimum term is 30 days and then we have 60 and 90 days terms. 


What is the annualized earnings percentage yield (APY)?

The annualized earnings percentage means the percentage of earnings that you may receive on the crypto invested by you under the Earn Program.


How to deposit crypto for ZebPay Earn?

1. On the app, click on the hamburger menu at the top left corner. You will see an option labeled 'Earn' under 'Crypto Actions'.

2. Tap on Earn.  Enter the quantity of crypto and select the number of days. If you want to enable auto-renewal of the contract, select the Auto-Renewal option and select the option of invested crypto (or) invested crypto + earnings. Please carefully review the terms of the Agreement, a link of which will be provided. If you agree, select the option that says, ‘I have read and understood the terms of the Agreement’ and tap on ‘Continue’.

3. Tap on ‘Confirm Earn’ to place an order. Enter the PIN to initiate the Earn transaction.


   


How to close an active Earn?

1. Click on ‘View your transactions’:

2. Click on ‘Exit’ to exercise the closing option. With the closing option your invested crypto will be credited on the same day. 


FAQS:

Q. Is there a penalty for early withdrawal of crypto?

No, there is no penalty for early withdrawal. In the event you choose to withdraw your coin prior to the expiry of the term, you shall neither gain any earning nor lose any crypto.


Q. Is there a minimum deposit limit for each token?

Yes, there are minimum limits for each coin. Please click here to know the limits. 


Q. What is the earnings percentage on these deposits?

Annualised earning percentage depends on the crypto and the time period you invest it for. For exact rates of earning percentage, please refer to the app..  


Q. Would the earnings percentage change for all customers?

Any change in the earnings percentage will only be applied at the time of auto-renewal.


Q. How will the earnings be calculated?

Earnings would be calculated for a 24-hour period starting from 00:00 UTC to 23:59 UTC and will start at 00:00 hrs UTC from the start date of the Earn transaction. 


Q. When will the earnings be credited into the account?

Invested crypto (or) invested crypto + earnings will be credited to your wallet between 00:00 and 02:00 UTC at the maturity of the invested crypto.


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