Options to Earn
Options to Earn
APYs are indicative and may vary over time.
Bitcoin (BTC)
Earn up to 3% APY.
Tether (USDT)
Earn up to 10% APY.
USD Coin (USDC)
Earn up to 10% APY.
Benefits
The Benefits of FiveWest Earn
The Benefits of FiveWest Earn
FiveWest Earn allows clients to earn yield on digital assets. Here's why people choose FiveWest Earn:
FiveWest Earn allows clients to earn yield on digital assets. Here's why people choose FiveWest Earn:
Higher returns than traditional banking.
Passive income on idle digital assets.
Hedging against ZAR depreciation.
Why FiveWest
Why FiveWest is Trusted
Why FiveWest is Trusted
Licensed and Regulated
FiveWest is a licensed financial service provider (FSP No.: 51619) with regulatory approvals from key authorities, including the South African Reserve Bank and Payments Association of South Africa. With a strong market presence, FiveWest provides safe, secure and trusted service.
Security
Assets stored in our custody are safely secured with Ceffu. Ceffu is a compliant, institutional grade custody platform that features multi-layered encryption for cold storage solutions.
Technology and Infrastructure
FiveWest has developed proprietary software for transparency, AML/KYC compliance and transaction security. Easily view and manage your assets all from your FiveWest Dashboard
FAQs
What is APY?
Annual Percentage Yield (APY) is a metric that represents the total amount earned on a deposit over a year, which FiveWest calculates on a simple interest basis.
How does FiveWest store digital assets?
FiveWest's custody is integrated into the Ceffu platform to ensure that clients assets are safe and secure. Ceffu employs state-of-the-art security protocols to safeguard digital assets. Ceffu has multi-layered encryption, cold storage solutions and robust mechanisms to ensure the digital assets are safely stored.
What risks are associated with FiveWest Earn?
FiveWest utilises the capital deposited into FiveWest Earn as liquidity to facilitate trading on FiveWest's OTC desk. FiveWest does not engage in market speculation - trades are always matched on both sides, hence there is no risk of exposure. The profit from these trades generates the yield earned.
How often is yield earned?
Yield is credited to your FiveWest Earn account everyday at 5pm SAST. It can then be claimed at any time and sent to your FiveWest wallet.
