What is Grow?
Grow is a savings crypto wallet offering up to 14% annual return. It lets you store cryptocurrency and earn with compounding interest.
Types of Grow
Fixed — opened for a fixed term of 30 to 360 days. Early closure is only possible by contacting support. In this case, all accrued and capitalized interest for the period will be forfeited.
Fixed with Flexible Withdrawal — opened for a fixed term of 30 to 360 days with the option for early closure and withdrawal of funds. Upon early closure, you will receive the full principal back, but will lose any interest accrued since the last capitalization.
Flexible — an indefinite term with the option for withdrawal and early closure at any time.
What’s the return rate in Grow?
Up to 7,5% for mining coins (BTC, LTC, BCH, ETH)
Up to 4.2% for GRAM
Up to 14% for stablecoins (USDT and USDC)
You can learn more in How much you can earn with Grow.
How interest is calculated
Interest on Grow is accrued daily at 12:00 AM UTC. Interest is compounded every 30 days.
Interest applies to funds that have been held in Grow for at least 24 hours. For example, if your mining reward is credited to Grow today, interest on that amount will start being calculated tomorrow.
How to get the 14% rate in Grow
A 14% rate is available for Grows in USDT or USDC starting from $50,000, with no early withdrawals or closures allowed.
To get this rate when opening a Grow:
Select USDT or USDC
Choose a 360-day term
Pick a 10.5% rate
Once you open and fund your Grow with the required amount, send us a message in chat or email [email protected] from the email linked to your account — we’ll upgrade your rate to 14% 😉
When and where will the funds be credited after a partial withdrawal or closure?
After a partial withdrawal or closure, the funds will be credited to your EMCD wallet within 24 hours.
If you close your Grow early, funds will be returned to your EMCD wallet within 3 business days.
If a fixed Grow is closed after auto-renewal, only the interest accrued after the Grow expiration date will be forfeited. All interest accrued for the original term will be successfully transferred to the EMCD wallet.
What is fast withdrawal?
For Grow with the option of early closure or partial withdrawal and flexible Grow, the fast withdrawal within 4 hours is available. This operation implies a commission of 0.5% of the withdrawal amount.
The fast withdrawal feature is also available when closing Grow, if the amount of funds does not exceed the available fast withdrawal limit.
The fast withdrawal limit is updated every 24 hours and consists of 60% of the total amount of funds in all of the already opened Grow with the option of early closure or partial withdrawal and flexible Grow.
You can find answers to frequently asked questions about Grow in our FAQ.