New and experienced crypto investors are always looking to maximize their profits. This is why the leading crypto exchange Phemex has several products which allow users to put their cryptocurrencies and digital assets to work. Phemex’s Flexible and Fixed Saving Asset Management products enable investors to earn interest on their crypto. Unlike the competition, Phemex has taken into account that crypto investors need to stay nimble. Thus, the flexible saving product allows them to deposit and withdraw their cryptocurrencies and digital assets at one-day intervals without penalties or at one-week intervals with fixed accounts. While the funds remain on the platform, users can get up to 10% annual percentage yield (APY). At the moment, the product accepts stablecoin Tether (USDT) and Bitcoin in two modalities, flexible and fixed. In that way, if a user wants to send 10,000 to this Phemex’s saving product, they can receive a 7% APY if they use the flexible period or a 10% APY for the fixed 7-day period. This product can be used for as little as $1 for its flexible period and $100 for the fixed. It provides users an efficient way to take their crypto and produce more over a period of time of their choosing. Moreover, the product also accepts Bitcoin (BTC), and to mitigate the volatility for this market, all yields are offered in BTC. Thus, this product could be a great solution for new investors with low funds to stack more Sats an...
