How to use Easy Earn in Bybit Lite
The Bybit Lite mode in the Bybit App mobile application is designed specifically for beginners and traders who need quick access to basic functions. It provides a simplified interface to help you take advantage of the most fundamental functions and products offered by the Bybit platform. One key product easily accessible via the Lite interface is Easy Earn, a suite of flexible-term and fixed-term savings offers that provide great, risk-free returns far exceeding the typical 1–2% interest you might get from bank deposits.
Key Takeaways:
Easy Earn is Bybit’s suite of flexible-term and fixed-term savings products that lets you earn competitive APRs from your idle crypto funds.
Bybit App’s Lite mode makes it simple and straightforward to access Easy Earn products in just a few taps.
What is Easy Earn?
Bybit Easy Earn lets you put your idle crypto funds to use via various flexible-term and fixed-term savings offers. Using flexible-term options, you can subscribe to savings plans with no lockup periods, earning daily interest on your investment. The yield on your invested funds is calculated hourly and credited daily at 12:30AM UTC. You can withdraw your funds anytime, giving you complete flexibility over your investment operations.
You can also opt for fixed-term offers, investing your crypto for a specified period. A significant advantage of these offers is the ability to lock in the interest rate, providing more predictable, stable returns.
Easy Earn savings offers often provide access to additional perks and promotions beyond the yields earned on your invested funds. Examples include a 555% promotional APR for USDT fixed-term investment for new users, and various Megadrop opportunities whereby you earn points that qualify you for token airdrops.
Within the Bybit App mobile application, the Lite mode provides straightforward access to Easy Earn products. In contrast, the more advanced Pro mode lets you subscribe to the entire range of Bybit Earn products, including Easy Earn, On-Chain Earn and Advanced Earn.
Step-by-step: How to start earning with Easy Earn on Bybit Lite
Before using Easy Earn, you need to have some funds in your Bybit account. If required, add funds via the One-Click Buy, Transfer, Convert or Deposit functions. Additionally, ensure you’re using Lite mode in the Bybit App by tapping on Lite at the top of the App’s home screen.
There are two ways to access Easy Earn in Lite.
Option 1 to access Easy Earn in Lite
Step 1: Tap on Earn at the bottom of the screen, then choose Flexible or one of the fixed-term offers (for example, 5 Days or 7 Days). Depending upon the term you prefer, you’ll see the best promotional offers highlighted just above the Earn Now button. After choosing your term, tap on Earn Now.
Step 2: Use the pop-up numeric keypad on the screen to enter your investment amount, and tap on Review Order.
Step 3: As the final step, review your order details and tap on Confirm. You’ll see a confirmation of the activation of your savings product.
Option 2 to access Easy Earn in Lite
Step 1: Tap on your user icon in the top left of the screen.
Step 2: You will see the Easy Earn button in the center of the screen. If not, tap on All Services.
Step 3: Tap on Easy Earn.
Step 4: In the bottom part of the screen, you can explore all of the flexible-term and fixed-term Easy Earn options. Scroll through these, and tap on your preferred option.
Step 5: Using the numeric keypad, enter the amount you’d like to invest, then tap on Invest Now.
Step 6: Review your order details and tap on Confirm. You’ll see a confirmation of your savings product’s activation, including the option to additionally turn on Auto-Earn, a feature that allows you to automatically invest idle assets from your Funding Account into Easy Earn flexible-term products.
Closing thoughts
The Lite mode in Bybit App is ideal for beginners and for those who would like to quickly invest their funds into Easy Earn products. If you’d like to explore more advanced ways to grow your capital, you can always turn on the Pro mode, which gives your access to the Easy Earn, On-Chain Earn and Advanced Earn lines of investment products on Bybit.
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