Here you can find frequently asked questions about EMCD Coinhold.
What is the reason for offering such a high interest rate for Coinhold?
Our commission revenue ensures high yields for Coinhold, while our specialists implement a conservative asset management strategy: we avoid high-risk DeFi protocols and external platforms, and we never invest in questionable coins.
The concept is straightforward:
How to top up Coinhold?
There are two ways to fund your Coinhold:
Directly from your EMCD wallet.
Via Mining Auto-deposit. Your mining rewards will be automatically transferred to Coinhold to start generating yield. You can enable this option when opening a Coinhold account or in the settings.
How to top up directly from the wallet?
How to set up Mining automatic top-up?
My Coinhold is funded, but I didn't receive interest the next day. Why?
Interest is calculated on the balance that has been held in Coinhold for at least 24 hours. For example, if a mining deposit reaches your Coinhold today, the interest calculation will only be updated and applied starting tomorrow.
How to withdraw from Coinhold?
Funds will be credited to your EMCD wallet 24 hours after a partial withdrawal or closure.
If I make a partial withdrawal, will I lose the interest accrued on the previously deposited amount?
Don't worry, the interest in your Coinhold savings wallet accumulates on a daily basis, and it remains unaffected even if you perform a partial withdrawal.
Here's an example:
You opened Coinhold for 6400 USDT.
Daily accrual of interest started for the entire 6400 USDT.
After 5 days you decided to withdraw 5000 USDT, leaving your Coinhold with a balance of 1400 USDT
The interest that was accrued for 6400 USDT for 5 days will remain on your account. Subsequently, interest starts accruing on the remaining 1400 USDT left on your balance.
Later after 15 days, you decided to add an additional 2600 USDT to your account, resulting in a total balance of 4000 USDT.
After that that interest for 1400 USDT will stop accruing, and in the following days interest will start accruing for 4000 USDT.
Finally, by the time the 30-day interest period ends, you will receive your payments:
Interest for 5 days on the original 6400 USDT
+ interest for 15 days accrued for the amount of 1400 USDT
+ interest for the remaining 10 days until the end of the 30-day period, based on the 4000 USDT balance.
I can't withdraw the last 10 USDT / 10 USDC. Why?
EMCD Coinhold for USDT and USDC must maintain a minimum balance of 10 tokens. To withdraw your cryptocurrency, you must wait for the term to expire or close your Coinhold early.
Is there an early closure of Coinhold?
Certain types of Coinhold cannot be closed early without assistance from EMCD Support. For more details, please refer to the Coinhold Yields.
What does happen when the Coinhold term ends?
It depends on your Coinhold’s “Auto-Renewal” setting.
If “Auto-Renewal” is enabled, your Coinhold will automatically renew for the same term at the interest rate currently set in the product, and rewards will continue to accrue.
If “Auto-Renewal” is disabled, the Coinhold closes, and the funds with accrued interest are returned to your EMCD wallet.
How to enable Auto-renewal?
Is there any fee for transfer between EMCD Coinhold and EMCD wallet
No. We don't apply any fee for such transfers.
When is interest credited?
Interest on Coinhold is credited daily at 00:00 UTC. Interest capitalization every 30 days.
What is the interest capitalization?
Capitalization means that we pay the interest you earn to the initial amount deposited in Coinhold.
If you choose to capitalize the interest to Coinhold, then during the subsequent 30-day period you have the potential to earn additional interest not just on the initial deposit, but also on interest amount added after the capitalization event.
The longer you keep your assets in the Coinhold savings wallet, the more income you get from capitalized interest.
If you choose to pay earned interest from Coinhold to your EMCD wallet, it will be paid every 30 days to your EMCD wallet and there will be no additional interest accruals on the withdrawn amount in the following capitalization periods.