Yes, your cryptocurrency will increase or decrease in value when stored in a wallet. Price can be higher or lower in time and the value of cryptocurrency will change regardless if it's stored in a wallet or exchange. This applies to all types of wallets: paper wallets, hardware wallets and software wallets.
How do I transfer cryptocurrency to crypto earn?
- You may transfer any cryptocurrency (a form of Digital Assets) supported by Crypto Earn (as displayed on the Crypto.com App and as may be revised from time to time) from the relevant wallet in your Crypto.com App to your Crypto Earn Account as principal (the "Principal") to earn interest.
Are there any legal or monetary consequences for using crypto earn?
- Crypto.com shall not be held liable for any legal or monetary consequences arising from the use of Crypto Earn or our services and products by an Ineligible User. Any Ineligible User shall indemnify and hold harmless Crypto.com and its Affiliates from any legal or monetary consequences arising from such use.
Does crypto earn allow interest to remain in the account?
- This account does not allow interest to remain in the Crypto Earn account. If your Fixed Plan is closed before interest is credited, you will not receive or be entitled to the accrued interest as it will be forfeited. Balance Computation Method. We use the daily-balance method to calculate the interest on your Fixed Plan.
What are the different types of crypto earn plans?
- Crypto Earn offers different plans (each an "Earn Plan") in different cryptocurrency and holding periods ("Earn Term"), which may be flexible ("Flexi Plan") or fixed ("Fixed Plan"). Each Flexi Plan and each Fixed Plan you establish will be separate from each Flexi Plan or Fixed Plan you establish and will hold only one type of cryptocurrency.
As of June 2021, you can earn 2.00% APY rewards by simply holding Dai in your Coinbase account. You can also earn 0.15% APY for holding USD Coin — and can earn even more via USDC Lending (see tip No. 4).