Interest Account

Interest Account

The OVEX Interest Account is a product that enables you to earn up to 20% annualized interest on certain cryptocurrencies, where interest is paid out in the cryptocurrency that has been deposited into the Interest Account. Interest is paid out on a daily basis at 17:00 SAST.

For example, an Interest Account with 10 BTC will earn up to 0.4 BTC in interest over a one year period.

Interest Accounts are available for the following assets:

Asset Annualized Interest Rate Minimum Balance Withdrawal Notice Period
Tether (USDT) 10.0% 1000.0 USDT 30 Days
Binance USD (BUSD) 9.0% 1000.0 BUSD 30 Days
TrueUSD (TUSD) 9.0% 100.0 TUSD 30 Days
USD Coin (USDC) 9.0% 100.0 USDC 30 Days
Ether (ETH) 5.0% 0.1 ETH 30 Days
Binance Coin (BNB) 4.0% 1.0 BNB 30 Days
Bitcoin (BTC) 4.0% 0.01 BTC 30 Days

Request a callback for interest account deposits over R500 000. We can quote you premium rate of up to 20%.

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Interest Account successfully opened.

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Deposit successfully added.

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Withdrawal successfully submitted.

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