Huobi Global Announces the Introduction of Basic Income, offering premium stock products and profits

Huobi Global, one of the world’s leading digital asset exchanges, today announced the launch of Prime Earn, a premium investment product from Huobi Earn that brings mainstream high percentage annual return (APY) cryptocurrency investors to wager on. The addition of Prime Earn complements Huobi Earn’s existing investment product suite, which includes time deposits, flexible deposits and special deposits.

Products like Prime Earn play an important role in the market by providing incentives for crypto investors to hold onto their assets for longer periods of time. While there is an impressive selection of investment products to make the crypto market mainstream, most of them are flexible deposit products and the APY can be quite low depending on the asset purchased.

The initial lineup of Prime Earn will attempt to reward investors with a higher APY. Investors can bet on four main assets: USDT, USDC, BTC and ETH. The maximum betting limit for a single investor is $ 1,000,000.

Prime Earn comes under the broader umbrella of Huobi Earn, which offers over 41 assets for depositing and staking. Users can leverage connected assets with NFT, DeFi, GameFi, etc. Prime Earn is just one of many new products Huobi Global is bringing to market to meet growing market demand.