What is flexible savings and how to use it?

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Please note!

This feature is only available for premium/Platinum customers (at the moment ⌚).

Coinhouse offers its new service: The Savings flexible account, which allows you to have a savings account with flexible entry and exit, in order to generate passive interest and to fructify your funds.

Which cryptocurrencies are available?

Currently, only Tether (USDT) is available in the crypto Savings account. We will then offer the possibility of generating profits by investing with Bitcoin (BTC) and Ethereum (ETH).

How does it work exactly?
In order to set up your crypto savings account, we invite you to follow these steps:
  1. Go to your new section: "Savings"
  2. Click on "invest"
  3. Enter the amount you wish to invest in your savings account (the minimum investment is currently of 500€) 
    -If you have USDT in your balance, just select the equivalent amount of 500€ in USDT
     

    -If you don't already have USDT, just buy it directly in euros by selecting EUR
  4. Read the 3 lines carefully before checking the boxes
  5. Click on "Invest"

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How is interest calculated and distributed?
Interest rate may vary daily, which means that the payout will also be everyday.
So you have the possibility to subscribe to the crypto savings account at any time, as well as redeem your funds with no lock-in period. 

The funds must however, be held for a minimum period of 24 hours (from noon to noon) in order to be able to generate the profits.

Example :
 If I invest my funds today before 12pm

My interest will be calculated and distributed tomorrow at 12:00 p.m. 

 If I invest my funds today after 12:00 p.m .

My interest will be calculated and distributed between 12:00 p.m. and 12:00 p.m. of the day following the subscription day.
I may so recover my profits the day after tomorrow at 12:00.

If you have any further questions, we are at your disposal !

Monday to Friday : from 9:30 to 18:00.

 

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