Key Benefits
Earning with Us
Get more from your money by earning yield on your digital assets.
Higher returns than traditional banking.
Passive income on your digital assets.
Hedging against ZAR depreciation.
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.
What is the minimum investment?
The minimum investment required for FiveWest Earn is 500 USD worth for crypto assets and 100,000 ZAR for ZAR Earn.
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.
Are there risks 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 meaning 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 calculated and credited to your account every day at 5pm SAST. You need to manually claim it and once claimed, the yield is transferred to your main FiveWest wallet.
