JuCoin Introduces USDT Fixed-Income Offering with Unique tiers
On May 26, JuCoin, a Singapore-based platform, unveiled its first Tether (USDT) fixed-income product. This new product offers tiered annual percentage yields (APYs) based on both investment size and duration.
The offering includes six terms: 7, 15, 30, 45, 60, and 90 days. This variety lets investors pick a plan that suits them best.JuCoin uses a “ladder interest rate” system. Here,the interest rate goes up as the investment amount increases.
For instance, if you invest 4,000 USDT for 45 days, the returns break down as follows. The first 1,600 USDT gets a base APY of 2.39%, the next 2,200 USDT qualifies for 11.22% APY, and the remaining 200 USDT falls back to the base rate.This investment yields about a 7.25% return annually.
JuCoin joins other platforms like Bybit, KuCoin, Binance, Kraken, and MEXC, which also offer USDT fixed-income products. thes platforms provide both fixed-term and flexible staking options.
Fixed-term staking means you lock in your USDT for a set period. You get a predetermined APY but can’t withdraw early. The platform then uses these funds to generate interest, which it shares with investors at maturity.
in contrast, flexible-term staking allows you to deposit and withdraw USDT anytime. While rates are lower and can change, you get the convenience of instant access to your funds. Learn more here.
