bitcastle Interest Rates and Review

bitcastle Review

bitcastle is a global cryptocurrency exchange platform that offers a range of trading and earning opportunities for its users. Launched on July 11, 2019, Bitcastle provides services such as crypto trading, forex trading, and binary options trading. In May 2022, the platform underwent a significant update, introducing a new user interface, additional features, and expanded token listings. With offices in Singapore, Vietnam, Japan, and Lithuania, Bitcastle leverages a diverse team to deliver comprehensive financial services to its users.

bitcastle Earn

bitcastle Earn is a cryptocurrency financial product that allows users to store cryptocurrency and earn annual interest. Currently, Castle Earn only offers fixed-term deposits (minimum of 7 days), which enable users to deposit assets for a predetermined period of time with a fixed interest rate and a predetermined redemption date. Users can choose to redeem their entire balance at any time before the redemption date, but they will lose all the interest they have received or accumulated up to that point.

The subscription and redemption of assets in bitcastle Earn take place daily from 00:00 UTC. Subscription takes place immediately, and your assets will be transferred from your Trade Wallet to Earn Wallet. Each fixed-term product has its own specifications and registration limit. Once the limit is reached, the registration package will no longer be processed, including automatic registration requests. These limits may change at any time. Assets in the Fixed Product will be automatically withdrawn in full on the redemption date.

You can withdraw your assets at any time before the maturity date. However, if you withdraw early, you will lose all the interest earned. The system will deduct your interest and return the principal amount to your Spot Wallet.

bitcastle Trading Details

Zero Trading Fees: Bitcastle distinguishes itself by offering 0% trading fees on major currency pairs, making it an attractive option for traders seeking cost-effective transactions. It has low fees for futures trading.
High & Low Binary Trading: The platform features a High & Low binary trading option, including a Lightning mode that allows users to see returns on their investments in as little as 5 seconds. This feature caters to both seasoned traders and beginners looking for quick trading outcomes.

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