When you participate in Earn on BLOX, you lend out your crypto and automatically receive a reward in return. This reward is not paid out in euros, but in the cryptocurrency you’ve activated for Earn.
For example, if you’ve activated Bitcoin for Earn and you receive a return, that return will be paid out in Bitcoin.
Here are a few calculation examples to give you an idea:
Example 1: BTC Earn
1. Let’s say you lend out 1 BTC with an annual return of 1%.
2. After one year, you’ll earn 0.01 BTC as a reward.
Example 2: ETH Earn
1. Let’s say you lend out 10 ETH with an annual return of 2%.
2. After one year, you’ll earn 0.2 ETH as a reward.
With Earn, you have the opportunity to put your investments to work. A simple and effective way to grow your crypto! Check out 'this article' to learn how to activate Earn. 🚀