What is Dacxi Earn? How can I benefit from it?
Dacxi Earn is a great way to earn rewards on your crypto holdings. Dacxi Coin holders can now earn rewards on a monthly basis by going to the Earn menu in the Dacxi Wealth Platform.
What is the reward rate?
2% p.a., paid in Dacxi Coin at the end of each monthly period.
Where can I find Dacxi Earn?
Log in to your Dacxi account, head to the dashboard, and click ‘Earn’ on the left menu.
Dacxi Earn Global: https://app.dacxi.com/earn
Dacxi Earn Australia: https://app.dacxi.com.au/earn
What if I want to withdraw my coins during this period?
You can opt-out at any time - just remember this means that no rewards will be awarded for that particular period. Once canceled, the initial deposited balance will automatically be returned to your Dacxi coin wallet.
Check here for instructions on how to cancel an order in Dacxi Earn.
Will the Membership Fee calculation include any Dacxi coin holdings deposited in Dacxi Earn?
The Membership Fee applies to all crypto balances including Dacxi Coin both in your wallet and Earn.
Fees may be deducted from any Dacxi Coin deposited in the Earn rewards program should there be an insufficient balance in your normal Dacxi Coin wallet.
Should this occur in the middle of the Earn deposit period, it does not result in the maturity of that Earn deposit nor any forfeit of the rewards calculated and awarded at the maturity of the current one-month period.
The reward for that particular deposit would be calculated however on a pro-rata basis to take into account the adjusted deposit balance.
- Example: You have deposited 100 Dacxi coin on the 15th of March for 1 month maturing on the 15th of April. On the 1st of April, 40 Dacxi coin is deducted as a membership fee from this deposited amount. This results in the remaining 60 Dacxi coin balance continuing until 15th April. On the 15th of April, the reward is calculated on a balance of 100 Dacxi coin between the period 15th March to 31st March, and 60 Dacxi coin between 1st April to 15th April.
What is auto-rollover?
Auto-rollover is a feature of the Dacxi Earn program which allows your Dacxi Coin holding in Earn to be automatically transferred to another 1-month deposit at maturity of your current deposit. Both the initial deposit balance plus the reward will be rolled over. This feature is optional and saves you time by allowing you to continue to earn rewards without having to manage each deposit maturity manually.
When are the rewards paid?
The rewards are payable at the end of each monthly period.
How are rewards calculated and accrued?
Rewards are calculated at the end of the Earn period. If you select auto-rollover your rewards are automatically included in the deposit amount for the following period and therefore you benefit from monthly compounding.
Is there a minimum amount of Dacxi Coin that can be deposited in the Earn program?
Yes, a minimum of 600 Dacxi Coin must be placed in Earn. Any deposit for a lower amount will not be accepted by the system.
I am an existing client at Dacxi, how can I enroll in Dacxi Earn?
As of 1st May 2022, existing Dacxi clients will automatically be enrolled in Dacxi Earn. You will be automatically applied to the 1 month Earn period, with auto-rollover switched on.
You have the option to opt out at any time but will forfeit any rewards for that particular period.
I'm new at Dacxi, how can I enroll in Dacxi Earn?
Customers who join Dacxi from the 2nd of May 2022 can choose to earn rewards from their Dacxi Coin by visiting the "Earn" menu on our platform.
Check here how to place an order in Dacxi Earn.
Are there any plans to add additional crypto coins into the Earn rewards program?
Whilst initially rewards will only be available for Dacxi Coin, we plan on introducing additional crypto coins in 2022. Stay tuned for updates on the latter.