Unlocking Funds from X-Account Plus Takes 30 dayssteemCreated with Sketch.

in crypto •  2 years ago 

For WirexApps X-accounts Plus - you earn a higher AER e.g. 16% but it takes 30 days to unlock before funds are available to you.

I submitted the withdraw requests for two of my X-accounts plus which are set to pay out in WXT coins (because of 2 bonus AER).

I hope everything goes smooth and I am hoping to be able to move my funds around - there is always risks given that we are still in the Bear market and the recent news of SEC charging Binance and Justin Sun.

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Do X-accounts still earn interests in the meantime while they are being unlocked?

In 30 days, ideally, the funds will be unlocked, but does it still earn and payout interests every 7 days? Stay tuned and I'll update in 7 days.

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  ·  2 years ago 

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  ·  2 years ago 

Put it simple, we can create X-accounts, and then transfer crypto to the X-accounts, then the interests are paid out weekly (every 7 days). If we upgrade to X-accounts plus, we get additional AERs. For example, the X-accounts give 16% AER for USDT. The down side is that it takes 30 days for the funds in the X-account plus to become available. However, during the 30 days period (unlocking), the interests are still paid out weekly as scheduled.