Bitbns is an Indian crypto exchange launched on December 14, 2017, by Buyhatke Internet Pvt. Ltd. Moreover, Bitbns Fixed Income Plan guarantees assured returns on investments made in this plan. Furthermore, Bitbns FIP allows you to earn a passive income just like any crypto savings account on steroids.
Summary (TL;DR)Bitbns is a cryptocurrency trading platform introduced in December 2017. It charges 0.25% taker and maker fees. It also allows you to trade with 4X leverage. Bitbns is a secure platform with a 2FA security system. Bitbns mobile application is available on both Play Store and Appstore. It has also introduced a kind program called the Fixed Income Plan, which we will be talking about next. To learn more, read our Bitbns review.
Visit BitbnsThe Bitbns Fixed Income Plane (FIP) enables its users to invest a fixed sum of USDT or BTC in one or more of the FIP plans for a predefined time frame and rate of return. The money invested will be locked in for the fixed maturity term in order to calculate interest. When a FIP’s maximum allocation is achieved and funds are locked in, the maturity period begins. During this fixed timeline, the interest on your investment is computed. When the maturity term expires, the user receives the principal amount, as well as the interest earned, in their Bitbns wallet. It is important to keep in mind that 24 hours is the minimum maturity period for a FIP investment.
However, investors can also redeem before maturity. The money you withdraw will earn interest based on the Early Redemption Rate for the number of days it was invested in the plan. In the case of partial redemptions, the amount redeemed will earn interest at the Early Redemption Rate, while the remainder will earn interest at the Ordinary Rate of Return.
Investors can select an appropriate plan from among the several FIP options accessible on the dashboard. However, each plan has an allocation limit over which no additional investments in that plan will be allowed.
The minimum amount for your initial investment in a certain FIP is 10 USDT or corresponding BTC. There is no minimum amount after the initial deposit.
Try Bitbns FIPBitbns has assured transparency in the Fixed Income Plan system working. We will now be discussing how the interest in your principal investment amount in a FIP is determined:
Follow the steps given below to successfully invest in a Fixed Income Plan:
The Bitbns Fixed Income Plan is a great initiative to enable crypto enthusiasts to earn passive income by investing in any given FIP. It is safe and transparent with an easy user interface. Moreover, through the early redemption rate, interest can be calculated even if the amount is redeemed before the maturity term. The guaranteed interest returns on the principle invested amount make an attractive offer for potential investors.
Earn Passive income through Bitbns FIP Frequently Asked QuestionsNo, it permits wire transfer only.
No, withdrawals are not allowed during the allocation period.
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