Pexpay is pleased to announce a revamp of the APR and rewards distribution policies for Pexpay Savings products.
Starting from 2023-02-23, Pexpay Savings Products will distribute rewards based on Real-Time APR, and offer Bonus Tiered APR rewards for selected cryptocurrencies.
The new APR and rewards distribution policies will be implemented after a system upgrade on Pexpay Savings, which will take place from 2023-02-22 10:00 (UTC) to 2023-02-23 02:00 (UTC). The accrual of standard APR rewards for existing Savings Product subscriptions will be paused, and all outstanding rewards will be distributed by 2023-02-23 23:59 (UTC).
- Real-Time APR rewards will start accruing upon completion of the system upgrade.
- Bonus Tiered APR rewards will start accruing on 2023-02-22, based on the applicable APR on Savings subscription amounts. These rewards will be distributed from 2023-02-23 onward, where applicable.
Please note that the following services will be suspended during the upgrade, effective from 2023-02-22 10:00 (UTC):
- Subscriptions to Savings Flexible Products
- Cryptocurrency redemptions from Savings Flexible Products
- Rewards distribution for Savings Flexible Products
- The duration of the system upgrade is based on our best estimates and may vary.
- All impacted functions will resume once the upgrade is complete.
Thank you for your support!
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- Telegram (English announcement channel):https://t.me/pexpayofficial
- Telegram (Korean group):https://t.me/pexpayKR
- Telegram (English group):https://t.me/pexpayglobal
- Telegram (Russian group):https://t.me/PexpayRUCommunity
Pexpay reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.