If your crypto is sitting in your account doing nothing between trades, Simple Earn is a straightforward fix. Deposit a supported asset, choose your term, and start earning daily interest.
What is BloFin Simple Earn?
BloFin Simple Earn is a savings product where you deposit crypto assets and earn interest daily at the applicable rate. It's the most accessible product in BloFin Earn and suits anyone who wants low-risk passive income without complexity. Two term types are available: Flexible and Fixed.
Flexible: Earn daily with full access to your funds
With Flexible, you subscribe whenever you like and redeem whenever you need. There's no lock-up period and no minimum commitment. Interest accrues daily based on your balance, giving you a steady return without tying up your capital.
A few things to know:
Interest starts accruing the day after your subscription date
No interest is earned on the day of redemption
If you enable Auto-Subscribe, your principal and accumulated interest automatically roll over into the same product at maturity, compounding your return without any manual action
Flexible is best suited for funds you might need access to in the near term or simply want to keep liquid while still earning.
Auto-Earn
If you frequently move funds between your wallet and your trading account, it’s easy to leave assets sitting idle without realizing it. Auto-Earn helps you make better use of those unused balances by automatically subscribing eligible assets into Simple Earn Flexible products every day.
Once it’s enabled, eligible idle assets in your Funding and Spot Accounts will be automatically transferred into Simple Earn Flexible products daily at 00:00 UTC. This allows you to potentially earn passive rewards on balances that would otherwise remain unused, without needing to manually subscribe each time.
And since Flexible products support redemption, you can still access your assets when needed while keeping your idle funds productive in the meantime.
Fixed: Higher rates in exchange for a lock-up period
Fixed terms offer a higher interest rate than Flexible in exchange for committing your funds for a set number of days. At maturity, your principal and all accrued interest are automatically credited back to your Earn account.
Fixed terms do not support early redemption. Once subscribed, your funds are locked until the term ends. Only subscribe amounts you can comfortably set aside for the full period.
The longer the lock-up, the higher the rate typically offered. If you have funds you don't plan to touch for a defined period, Fixed is the better choice for maximizing your return.
APR Booster: Earning more on top of your base rate
If you've received an APR Booster Voucher, you can apply it to an eligible Simple Earn subscription to earn additional interest on top of your standard rate. The booster runs for the number of days specified on the voucher, stacking on top of your base return for that period.
Before applying a voucher, check the details: which products it applies to, the boosted APR it adds, and the earnings cap. The cap is the maximum amount of boosted interest the voucher can generate. Once your boosted earnings reach that ceiling, the additional interest stops accruing, even if the voucher period hasn't ended yet.
Boosted interest is calculated as: Principal × Boosted APR ÷ 365 × Boosted Days.
A few things to note. Each voucher is single-use and only one can be applied per order. If the boosted days on your voucher exceed the tenor of the product you apply it to, the boosted period is capped at the product tenor. Base interest and boosted interest are distributed together when your order matures.
How interest is calculated
Interest is calculated daily based on your eligible balance. The system takes a snapshot of your balance each day to determine how much you've earned. For Fixed products, both principal and accrued interest are automatically credited to your Earn account when the term ends.
Rates vary by asset and term. Current rates are displayed on the BloFin Earn page and are updated regularly.
Supported assets
Simple Earn supports a range of assets including USDT, USDC, BTC, ETH, SOL, DOGE, XRP, and others. Available assets, terms, and rates are listed on the Earn page. Always check the current offerings before subscribing as these can change.
A practical example
You're holding 5,000 USDT and don't plan to trade in the near term. By subscribing to Simple Earn Flexible, you earn daily interest on the full amount while keeping your funds accessible whenever you decide to act on a trade. You don't need to do anything after subscribing. Interest accumulates automatically.
If you know you won't need the funds for 30 days and want a higher return, subscribing to a Fixed 30-day product at the current locked rate will outperform the Flexible rate for that period.
Frequently asked questions
What is BloFin Simple Earn?
BloFin Simple Earn is a savings product where you deposit crypto and earn daily interest. It offers two term types: Flexible (redeem anytime, lower rate) and Fixed (locked for a set period, higher rate).
Can I redeem my Fixed Simple Earn early?
No. Fixed products do not support early redemption. Your funds are locked until the term ends. If you need flexibility, use the Flexible product instead.
When does interest start accruing?
Interest begins accruing the day after your subscription date. No interest is earned on the day you redeem.
What assets are supported?
USDT, USDC, BTC, ETH, SOL, DOGE, XRP, and others. Check the current list on the BloFin Earn page as it is updated regularly.
What is Auto-Subscribe?
If enabled when you subscribe, Auto-Subscribe automatically rolls over your principal and accumulated interest into the same product at maturity. It compounds your return without requiring you to manually resubscribe.
What is an APR Booster Voucher?
An APR Booster Voucher adds a boosted interest rate on top of your standard Simple Earn return for the period specified on the voucher. Boosted interest is calculated as: Principal × Boosted APR ÷ 365 × Boosted Days. Each voucher is one-time use, one per order, and comes with an earnings cap. Once that cap is reached, boosted interest stops accruing. Base and boosted interest are paid out together at maturity.
Disclaimer: This content is for educational purposes only and does not constitute financial, investment, legal, or tax advice. Crypto assets are highly volatile and carry significant risk of loss. Always verify local regulations and consult a qualified professional before making financial decisions.