FAQ - Earn System
Frequently asked questions about the Earn System
Q1: What is the PairEx Earn System?
A: The PairEx Earn System is a feature that allows users to deposit their USDT into the vault and receive PLP tokens in return. It provides an opportunity to earn potential profits based on the performance of PLP.
Q2: What is PLP?
A: PLP, or PairEx Liquidity Provider, is an ERC-20 token that represents a share of the PairEx vault. PLP holders are the counterparties of the traders on the platform. The value of PLP is influenced by the performance of traders on PairEx and the overall profitability of the platform.
Q3: Is there any lockup period for my deposited USDT anytime?
A: Yes, there is a withdrawal lockup period of T+3 days, which means you can only withdraw your deposited USDT three days after the initial deposit.
Q4: How can I monitor my earnings?
A: You can track the value of PLP at any time by checking the "Earn" button on the PairEx platform and withdraw your deposited USDT to claim your profits after the lockup period.
Q5: Is the Earn System available for all users?
A: Yes, the Earn System is open to all eligible users who follow the platform's terms and conditions.
Q6: Is the Earn System secure?
A: PairEx takes security seriously and implements robust measures to protect user funds and data. The Earn System operates on a secure and transparent infrastructure to ensure the safety of participants' assets. All smart contracts on the platform are audited by top-tier security firm, UD Blockchain.
Q7: Are there any fees or minimum deposit requirements?
A: Users will only need to pay for the applicable gas fee in order to participate in the Earn System. The minimum deposit requirement is 0.01 USDT.
If you have any more questions or need further assistance, please don't hesitate to reach out to our support team. We're here to help!
Email: support@pairex.io
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