Interest Account

Interest Account

The OVEX Interest Account is a product that enables you to earn up to 20% annualized interest on certain cryptocurrencies, where interest is paid out in the cryptocurrency that has been deposited into the Interest Account. Interest is paid out on a daily basis at 17:00 SAST.

For example, an Interest Account with 10 ETH will earn up to 0.5 ETH in interest over a one year period.

Interest Accounts are available for the following assets:

ZARP USDT BUSD TUSD USDC ETH BNB BTC XRP
Minimum Balance + 11.0 % 10.0 % 9.5 % 9.5 % 9.5 % 5.0 % 4.0 % 4.0 % 3.0 %
R500,000 + 11.0 % 10.5 % 10.0 % 10.0 % 10.0 % 5.0 % 4.0 % 4.0 % 3.0 %
R1,000,000 + 11.0 % 11.0 % 10.5 % 10.5 % 10.5 % 5.0 % 4.0 % 5.0 % 3.0 %
R10,000,000 + 11.0 % 11.5 % 11.0 % 11.0 % 11.0 % 5.0 % 4.0 % 5.0 % 3.0 %
R20,000,000 + 11.0 % 12.5 % 12.0 % 12.0 % 12.0 % 5.0 % 4.0 % 5.0 % 3.0 %
R50,000,000 + 12.0 % 15.0 % 13.0 % 13.0 % 13.0 % 5.0 % 4.0 % 5.0 % 3.0 %
R100,000,000 + 13.0 % 20.0 % 14.0 % 14.0 % 14.0 % 5.0 % 4.0 % 5.0 % 3.0 %
Minimum Balance 5000.0 1000.0 1000.0 100.0 100.0 0.1 1.0 0.01 100.0

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