Qovex Earn - Crypto Lending is not available in US, UK and Singapore.

How does lending work?

Qovex collaborates with Tesseract, our lending partner, who connects with trustworthy institutions seeking to borrow crypto assets to participate in the crypto market. The assets that you lend via a lending product will be borrowed by these institutions and in return you will earn yield for lending your assets. The lent assets can be withdrawn at any time. 

Which cryptocurrencies can I lend and earn from?

You can lend a variety of assets including BTC, ETH, USDC & USDT. For our latest offerings, check our Earn lending page. 

How can I stop lending? Is there a lock-in period for lent assets?

Lending assets can be withdrawn at any time. It usually takes one day to process a withdrawal request to settle, but it might take longer. Please consult our Earn Terms for details. 

How much yield does lending generate? How is it distributed?

The APY you receive for lending can vary typically from 2% to 8%. For the latest rates, check our Earn lending page. All lending yield is distributed daily. 

Are there any fees?

The fees vary depending on the asset, so please be sure to check our fee schedule regularly.