Overview

FiveWest Earn is a yield-bearing account that allows clients to deposit supported currencies and earn yield. This service offers clients the opportunity to generate passive income on idle assets.

Yield Structure

Clients earn an annual percentage yield (APY) as follows:

Yield is calculated on a simple interest basis and is credited daily. Yield must be manually claimed on the Earn tab on your client portal and is paid out to your main FiveWest Wallet.

Asset Storage

Assets are safeguarded through Ceffu’s leading cold storage solution, as outlined in Custody.

Clients can request withdrawal of assets to their main wallet at any time, with a maximum payout time of 2 weeks.

Risk and Regulatory Considerations

While the Earn Account offers a stable return, it is important to understand the framework under which it operates:

No Speculative Exposure: Funds are not used for leveraging, staking, or any high-risk trading strategies.

Yield Sources: Returns are generated through low-risk activities such as lending and internal liquidity provisioning.

Client Consent Required: You understand that while risks are mitigated, this is not a capital-guaranteed product.

Client Requirements

- Create either an individual or business user profile.

- White-list any crypto wallet addresses used for sending/receiving cryptocurrencies.

- Minimum deposit of 500 USDT or equivalent for other currencies.

Fees

Clients pay no fees to make use of the FiveWest Earn product.