1. What is the meaning of APR in Wealth products?
The APR of financial products is an annualized rate derived by extrapolating the product's intrinsic return over a one-year period.

2. How is the interest for flexible-term products calculated?
The flexible-term interest rate is not a fixed value. It changes dynamically every minute based on market conditions. The interest calculation for the flexible-term depends on the rate per hour. The interest generated each hour within a day will be summed up and accumulated in your wealth assets.

3. How is the interest for fixed-term products calculated?
Fixed-term interest is estimated by averaging the total earnings after maturity over each day. This is reflected in the valuation of your wealth account. For example, if you purchase a 90-day fixed-term product for 100 USDT with APR of 6.75%, the expected interest earnings at maturity would be: 100 * 6.75% / 365 * 90 = 1.66 USDT.

4. Why haven't I received the flexible-term interest yet?
The flexible-term interest is automatically reinvested and used as the principal for the next period's interest calculation. As a result, it won't be directly credited to your fund account but will be reflected in the valuation of your wealth account. When you initiate a redemption, the flexible-term interest will be credited to your fund account.

5. Why haven't I received my fixed-term interest yet?
Fixed-term interest will only be automatically redeemed to your fund account upon the maturity of the term. Before then, the fixed-term interest is estimated by averaging the total earnings after maturity into daily returns, which will reflect in the valuation of your financial account.

6. Why is the flexible-term APR not fixed?
Market conditions change in real-time, and the capital utilization rate differs every hour. Therefore, the flexible-term APR isn't fixed. Rather, it's a constantly changing value.

Learn More:

BingX Wealth Introduction