Auto-Earn FAQ

Anúncios Auto-Earn FAQ

Auto-Earn FAQ

2023-11-09 07:34:09 UTC 21936 Lido

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### 1. What is Auto-Earn in Simple Earn?
After you enabled Auto-Earn, your idle spot assets will be automatically transferred to Simple Earn and earn interest on an hourly basis after the assets are successfully borrowed. Currently Auto-Earn is only available in the Classic Account Mode.
### 2. How Auto-Earn Works?
Once enabled, idle assets in your spot account will be automatically transferred to Simple Earn at 2:30 (UTC) and 15:30 (UTC) every day. You will receive interest on the hour after these assets are successfully borrowed.
### 3. Can I enable or disable Auto-Earn anytime? How?
Yes, you can enable or disable Auto-Earn anytime. Go to Simple Earn on Web/App, where you can see how to enable or disable Auto-Earn.

On Gate.io App, you can enable or disable Auto-Earn on the Market page of Simple Earn and the coin info page in spot account.
<img src="https://gimg2.gateimg.com/image/article/1699514118image-20231108-033831.png" alt="" width="200"  />
<img src="https://gimg2.gateimg.com/image/article/1699514002image-20231108-033718.png" alt="" width="200"  />

On the web version, you can enable or disable Auto-Earn in Simple Earn market or on the spot account page.
![](https://gimg2.gateimg.com/image/article/1699514156image-20231108-034530.png)
<img src="https://gimg2.gateimg.com/image/article/1699519677image-20231109-055355.png" alt="" width="720"  />
### 4. What kind of assets will be auto-transferred to Simple Earn after enabling Auto-Earn?
Assets that can be lent out in Simple Earn will be auto-transferred. Those not supported in Simple Earn will not be auto-transferred.
### 5. I have enabled Auto-Earn, but my assets are not auto-transferred to Simple Earn. Why?
If you have already enabled Auto-Earn but the system did not auto-transfer your idle assets to Simple Earn, the reasons can be as follows:

a. It’s not yet the timing of the auto-transfer. Idle assets are auto-transferred to Simple Earn twice every day, at 2:30 (UTC) and 15:30 (UTC) respectively. 
b. Your transferrable amount do not meet the minimum requirement of lending out assets in Simple Earn.
### 6. If I disable Auto-Earn, will my assets and interest be redeemed automatically? 
No. If you disable Auto-Earn, your assets and interest will not be redeemed automatically. You have to go to “My Lendings” to manually redeem them.
### 7. Where can I check my interest earned?
After you enable Auto-Earn, idle assets will be auto-transferred to Simple Earn. Every hour on the hour, Simple Earn will start matching lending offers and borrowing needs in the market and those lending offers that are successfully borrowed will receive interest. You can check it in “History” > “Interest” if your assets are successfully borrowed.

Gate.io reserves the final right to interpret the product.

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