Crypto News

Huobi Global Announces the Launch of Prime Earn, a high-yield staking product for investors

                                                            [LONDON, Dec. 22, 2021 – PRNewswire]

Huobi Global, one of the world’s leading digital asset exchanges, today announced the launch of Prime Earn, a premium investment product under Huobi Earn that offers mainstream crypto investors high annualized percentage returns (APY) on staking tokens. The addition of Prime Earn complements Huobi Earn’s existing range of investment products, which include time deposits, flexible deposits and special deposits.

Products like Prime Earn play an important role in the market by providing incentives for crypto investors to hold their assets for an extended period of time. While there is an impressive selection of investment products for staking mainstream assets in the crypto market, most of them are flexible deposit products and APYs can be quite low depending on the asset being deployed.

Prime Earn’s initial line of products aims to reward investors with higher APYs and includes the following:

  • Staking for four major assets: USDT, USDC, BTC and ETH
  • APYs in the range of 12% to 15%. This depends on how long the investor wants to use his assets. For example, setting a token for seven days can offer an APY of 12%, while setting a token for 14 days can offer an APY of 15%.
  • Maximum staking limit of $ 1,000,000

Prime Earn falls under the broader umbrella of Huobi Earn, which offers 41+ assets for depositing and staking. Users can stake out assets that are linked to NFTs, DeFi, GameFi and more are connected. Prime Earn is just one of the many new products Huobi Global is introducing to meet the growing demands of the market.

Starting December 22nd at 12:00 PM (UTC), users will be able to wager assets on Prime Earn in exchange for APYs of up to 15%. For more details click here.

About the Huobi Group

The Huobi Group, a world leader BlockchainCompany, was founded in 2013 to achieve breakthroughs in core blockchain technology and to advance the integration of blockchain technology with other industries. The Huobi Group has expanded its products and services to public blockchains, digital asset trading, wallets, mining pools, proprietary investments, project incubation, digital asset research and more. The Huobi Group has built a global digital ecosystem by investing in over 60 upstream and downstream companies across the blockchain industry.

Source: Crypto News Deutsch

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