Please refer to the following description of basic technical terms to understand bitcastle Earn further.
1. APR
It is the Annual Profit Rate of bitcastle Earn that is calculated based on the amount of funds deposited and the storage period. For example, if a user deposits 1000 USDT in a fixed deposit for 180 days, the annual profit rate is 5%. The calculation formula is as follows: Annual Profit Rate (APR) = deposited amount x interest rate/365 x storage period = 1000 x 5%/365 x 180 = 24.65 USDT.
2. Duration
It is the period for subscribing to a product of bitcastle Earn. It is calculated by (Day) unit.
3. Subscribers
The number of users who subscribe to a specific product. This number will be updated in real-time.
4. Subscription Amount
It implies the amount of a coin that you want to subscribe for a product in bitcastle Earn.
5. Buy Now
This is a function that if you don't have the balance of the coin that you use to subscribe to a product, you can click on this button to buy this coin.
6. Deposit
This is a function in which you can deposit this type of coin to your Trade Wallet to subscribe to a product.
7. Convert
This button allows users to convert a coin into another coin within the last price at the moment they choose to convert.
8. AVAIL:
This number displays the available amount of a coin that allows you to subscribe to a product.
9. Remaining Quota:
There is a remaining available amount of this product that users can buy. The remaining quota will change when the number of subscribers for this product increases.
10. Auto-Renewal
By activating this button, you allow your subscription to renew automatically on the redemption date.
11. Schedule
This part shows you the details of your subscription of you subscribe to this product.
12. Est. Interest
Est. Interest is the estimated interest that you might receive when you complete this subscription.
13. Cumulative Interest
This is the accumulated interest up to the current date from the value date, converted to USDT.
If you have further inquiries, please don't hesitate to contact our Support Team via "Contact Us" function.