FAQ
Gobank - Maximize your returns, Secure your crypto
What is Simple Earn?
Simple Earn allows users to lock a certain amount of cryptocurrency on Gobank to support Gobank security and operations. In return, users receive cryptocurrency rewards.
Which Simple Earn modes does Gobank support?
Gobank offers two modes: Flexible and Fixed time. Each mode offers different Annual Percentage Rates (APR).
How are Simple Earn rewards calculated?
Rewards are calculated based on the amount locked, the period, and the applicable Annual Percentage Yield (APY). Generally, the longer the locked period the higher the APR.
Can I cancel my Simple Earn order at any time?
Yes, you can cancel your Simple Earn order at any time.
What fees does the Gobank charge?
Gobank does not charge any fees for Simple Earn service. You can create a Simple Earn order at any time without any charges.
How are rewards distributed?
Simple Earn rewards are usually distributed hourly or daily (T+1), depending on the product. Each product may have different interest accrual rules; please refer to the product details for specific information. Rewards are displayed on the "My Earn" dashboard, where you can view them at any time.
How can I view and manage my Simple Earn orders?
You can view all your order details, including the current amount staked, estimated rewards, and lock-up periods, on the Gobank Earn page.
Who should I contact for more questions about Simple Earn?
Last updated