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 ETH will earn up to 0.5 ETH in interest over a one year period.

Interest Accounts are available for the following assets:

ZARP USDT BUSD TUSD USDC ETH BNB BTC XRP
Minimum Balance + 8.5 % 8.5 % 8.5 % 8.5 % 8.5 % 1.5 % 1.5 % 1.5 % 1.5 %
$30,000 + 8.5 % 8.5 % 8.5 % 8.5 % 8.5 % 1.5 % 1.5 % 1.5 % 1.5 %
$60,000 + 8.5 % 8.5 % 8.5 % 8.5 % 8.5 % 2.0 % 2.0 % 2.0 % 2.0 %
$600,000 + 8.5 % 8.5 % 8.5 % 8.5 % 8.5 % 2.0 % 2.0 % 2.0 % 2.0 %
$1,200,000 + 8.5 % 8.5 % 8.5 % 8.5 % 8.5 % 2.0 % 2.0 % 2.0 % 2.0 %
$3,000,000 + 8.5 % 8.5 % 8.5 % 8.5 % 8.5 % 2.0 % 2.0 % 2.0 % 2.0 %
$6,000,000 + 8.5 % 8.5 % 8.5 % 8.5 % 8.5 % 2.0 % 2.0 % 2.0 % 2.0 %
Minimum Balance 5000.0 1000.0 1000.0 100.0 100.0 0.1 1.0 0.01 100.0

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