“BTC Cake” is a new digital currency value-added service available to users of Cobo Cloud Wallet and CyberX. Users can deposit BTC to subscribe.
[Purchase Limits] Each user may have a purchase limit refer to the product details page.
[Time Duration] This product is released on an ad-hoc, limited-time only basis. To be notified of new plan options, please follow our official announcements.
[Lock Cycle]The lock-in period of this product is subject to the product page. Plan purchases cannot be refunded.
[Gain Calculation] Gains will be calculated from the following day after the end of subscription date. Initial assets + gains will be transferred automatically after maturity date to users’ wallets.
** The expected rate of return mentioned in this product refers only to gains calculated in BTC. Cobo does not bear the risk of changes in the market value of BTC vis-a-vis other currencies.
During the product cycle, if the price of BTC used to be ≤$9000 or ≥$10000, then annualized rate of return is 3.25%. Settlement in BTC, settlement quantity = purchase quantity *(1+3.25%/365*6)
During the product cycle, if the price of BTC used to be$9000-$10000, then annualized rate of return is 21%. Settlement in BTC, settlement quantity = purchase quantity *(1+21%/365*6)