What is a Rewards Account?

Ross
Ross
  • Updated

A Rewards Account lets you earn Bitcoin rewards on your eligible BTC or USDT balance. Simply create a Rewards Account, deposit BTC or USDT, and your eligible balance will begin accruing rewards from the following day. Rewards are calculated daily and paid monthly into your CoinCorner wallet.

 

How does a Rewards Account work?

Getting started is simple:

  1. Create a Rewards Account in your chosen currency.
  2. Deposit BTC or USDT into your Rewards Account.
  3. Your eligible balance begins accruing Bitcoin rewards from the following day.
  4. Rewards are calculated daily and paid monthly to your CoinCorner wallet.

You can also review both your monthly rewards and your total rewards earned at any time from within your Rewards Account.

 

When do rewards start?

Rewards are calculated daily based on your eligible Rewards Account balance. Before making a deposit, you'll always be shown the current reward rate for your chosen asset. Please note that reward rates may differ between BTC and USDT and are subject to change over time.

 

When are rewards paid?

You can currently earn rewards on Bitcoin (BTC) and Tether (USDT). Regardless of which eligible asset you deposit your rewards will always be paid out in Bitcoin. 

 

Can I withdraw my funds?

Yes, you can remove funds from your Rewards Account at any time. Once funds are removed from the account they will no longer be eligible to accrue any rewards.

 

Can reward rates change?

Yes, reward rates are variable and may change over time. You will always see the latest available reward rate before depositing funds into your Rewards Account.

 

Have any questions? Get in touch!

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