There is no way to designate one coin to earn 8% and the rest at 5% - they will all earn at the same average rate based on how many coins you are holding. In Example B, you will earn 6.5% on both the DOGE and the BTC. I will earn 8% APY on the first $10,000 worth of assets deposited regardless of asset, and 5% APY on the next $10,000, for an average APY of 6.5% on my total deposit.Īll assets kept in your wallets will earn the same crypto or fiat that is held in the wallet, and will earn at the same rate.
#Blockfolio app keep portfolio in usd or btc? plus#
I have $5,000 USD value each of Bitcoin and Dogecoin in my account, plus $10,000 worth of USD. I will earn 8% APY on my deposit of USD.ī. In this scenario, your yield earned on the coins will look something like the examples below the table.Ī. Amounts held above $10,000 USD value (subject to market fluctuations) will earn 5% APY. The first $10,000 USD value in your deposit wallets will earn 8% APY. Any cryptocurrency that you have deposited on FTX as well as any fiat balance you may have on your account, will earn yield immediately after you have opted into the program. Yield will be compounded on principal and yield you have already earned.
How do you calculate APY? Does my balance compound daily?įTX will deposit yield earnings from the staked coins, calculated hourly, on the investment portfolio that is stored in your FTX App. You will now be earning up to 8% APY on your deposits, both current and future!.Tap the button that says Earn Up to 8% on your Funds.On the Invest Tab, once you are enabled for trading on FTX App, tap Deposit.See the Legal Disclaimers at the end of this article for more information about the terms and conditions and how staking and yield generation work on FTX. THIS APY IS ESTIMATED AND NOT GUARANTEED AS DESCRIBED BELOW. You can now earn yield on your crypto purchases and deposits, as well as your fiat balances, in your FTX app! By opting in and participating in staking your supported assets in your FTX account, you’ll be eligible to earn up to 8% APY on your staked assets.