To start receiving rewards in Criptan Savings, it is necessary to meet the minimum balances set for each type of account. It's important to note that these minimum balances are independent, meaning you can receive rewards for one cryptocurrency even if you don't reach the minimum balance for another.
Reward Calculation:
Rewards are calculated daily by comparing the balance of each account at 00:00 hrs of each day with the balance from the previous day. The reward calculation uses the lower balance between the two days.
For example:
Day 1, 00:00 hrs: Balance of 2500 EUR.
Day 2, 00:00 hrs: Balance of 1400 EUR.
In this case, since the balance on Day 2 (1400 EUR) is lower than that on Day 1 (2500 EUR), rewards will be calculated based on the 1400 EUR.
Minimum Balances to Earn Rewards:
Each currency has a minimum balance that must be maintained to start generating rewards:
EURO Coin (EURC): 50 €
USD Coin (USDC): 15 USDC
Bitcoin (BTC): 0.00095 BTC
Ethereum (ETH): 0.013 ETH