Huobi Global Launches Premium High Yield Investment Product, Prime Earn

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Last Updated on 25 December 2021 by CryptoTips.eu

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Top cryptocurrency exchange Huobi Global has announced the launch of its new premium investment product known as Prime Earn, reports say. The product launched under Huobi Earn provides mainstream crypto investors with high annualized percentage yields (APY) for staking tokens.

Huobi Global is one of the top crypto exchanges in the world. Headquartered in Seychelles, it has offices in Hong Kong, South Korea, Japan and the United States. The exchange has a strong presence in South-East Asia where cryptocurrency and blockchain have received significant acceptance.

This is the latest addition to Huobi Earn’s suite of products. There are already other products such as fixed deposits, flexible deposits and featured deposits. With the new product, Huobi Global plans to reward investors for holding their assets.

Advertentie.

Encouraging investors to hold tokens

One problem with some of the tokens created in recent times is the low liquidity they tend to have. To get around this problem, investors in such tokens need to hold their tokens for longer, or better still stake the tokens to provide liquidity.

This is why Huobi Global is incentivising investors to hold their tokens and stake them. By encouraging investors to hold digital assets for longer, they can enjoy greater benefits of crypto investment in the long run.

Prime Earn will reward investors with high APYs for staking four major assets: USDT, USDC, BTC, and ETH. Individual investors can stake a maximum of US$1,000,000 in these assets. Huobi Earn already has 41 assets for depositing and staking prior to adding the four tokens on Prime Earn.

Under these 41 assets, investors can stake assets connected to NFTs, DeFi, GameFi, and many more. Huobi Global intends to release more products in the future that will help to meet the needs of investors.

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