Bitget Simple Earn Flexible: Earn Daily Interest and Redeem At Any Time
[Estimated Reading Time: 3 mins]
Bitget Simple Earn Flexible offers a secure and convenient way to earn passive income on your idle crypto assets. With daily interest payouts and the ability to withdraw funds anytime, it’s an ideal choice for crypto holders looking for flexibility and earnings without long-term commitments.
This guide explains how Bitget Simple Earn Flexible works and how you can start earning right away.
What is Bitget Simple Earn Flexible?
Bitget Simple Earn Flexible is a product that lets you earn daily interest while keeping your funds fully accessible. When you subscribe to the Earn product, the funds will be deducted from your spot account. The interest earned will be credited to your spot account daily, starting from the second day.
Key Features
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No lock-up period – Withdraw funds anytime.
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Daily interest payouts – Earn passive income credited to your account daily.
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Auto-subscription option – Reinvest automatically for continuous earnings.
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Real-time monitoring – Check interest rates and track performance anytime.
How to use Bitget Simple Earn Flexible
Step 1: Access Bitget Simple Earn
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On the web: Click Earn in the top navigation bar, then select Simple Earn.
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On the app: Tap the user icon in the top-left corner, select Earn from the quick access section, and then tap Simple Earn.
Step 2: Subscribe to Simple Earn Flexible
1. Select your preferred asset for Simple Earn Flexible and click Subscribe.
2. Enter the amount you want to deposit.
3. Review the estimated APR and agree to the terms.
4. Click Confirm to complete your subscription.
Step 3: Enable Auto-Subscribe (Optional)
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Auto-Subscribe allows automatic reinvestment of your available Spot balance.
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Every day at 3:00 PM (UTC+8), the system will automatically use your Spot balance to subscribe to the corresponding Simple Earn Flexible product.
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You can enable or disable Auto-Subscribe at any time on your Subscription page.
Step 4: Manage Your Funds
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To add more funds, click Subscribe More.
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To withdraw your funds, click Redeem for an immediate transfer back to your Spot account.
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Track your earnings under Simple Earn Records in the Earn section.
How does Bitget Simple Earn Flexible work?
Interest calculations are based on the Annual Percentage Rate (APR) at the time of subscription.
Formula for daily interest calculation
Daily Interest = Subscription Amount × Estimated APR ÷ 365
Example: If you subscribe 100 USDT with an 8% APR: 100 × 8% ÷ 365 = 0.0219 USDT per day
This interest is credited to your Spot account daily at 12:00 AM UTC+8.
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If you subscribe before 4:00 PM UTC+8, interest starts accruing the same day.
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Interest is credited to your Spot account daily at 12:00 AM UTC+8 the next day.
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For hourly interest distribution product, the principal will start accruing interest in the next hour after subscription, and the interest will be credited to your spot account the hour after that.
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As the APR of some products fluctuates with the market, the daily interest is an estimate and is for reference only.
FAQs
1. When does my Simple Earn Flexible subscription start earning interest?
If you subscribe before 4:00 PM UTC+8, interest starts the same day. After 4:00 PM UTC+8, it starts the next day. Payouts are credited daily at 12:00 AM UTC+8.
2. Can I withdraw my funds anytime?
Yes, you can redeem it anytime without penalties.
3. How does Auto-Subscribe work?
It automatically reinvests your Spot balance twice daily at 3:00 AM and 3:00 PM (UTC+8). You can turn it on or off anytime.
4. Will my interest rate stay the same?
No, the APR may change based on market conditions.
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