Earn programme terms
Earn is an optional promotional rewards programme. It is not a deposit account, savings product, security or investment fund.
1. Nature of the programme
Rewards are a discretionary promotional incentive paid by CoinYatra from its own resources. Subscribing does not create a loan, deposit, trust, or securities relationship, and does not entitle you to any return of a fixed amount.
2. Variable rate
Earn has two options. Non-Locking: 1.65% monthly, with no fixed lock period. Locking, for a period you choose voluntarily: 1 Month — 2.25%, 3 Months — 2.35%, 6 Months — 2.50%, 12 Months — 2.75%, 24 Months — 3.00% monthly. The rate that applies depends on the option selected, and the higher rates for longer periods are given in return for the corresponding lock commitment. The rate is recorded on each position when it is opened. The advertised monthly rates are variable and promotional. It is not an APY, not compounded, and not guaranteed. We may change the rate, restrict eligible assets, cap subscribed amounts, or end the programme entirely at any time, with or without notice. Changes apply to new subscriptions made after the change.
3. Accrual
Rewards accrue on subscribed principal on a simple-interest basis, calculated per second from the moment a subscription is recorded. Accrued rewards are shown separately from your available balance and are not part of your tradable balance until claimed.
4. Claims
Accrued rewards become claimable once every 4 days, for both Non-Locking and all Locking positions. The lock period applies only to principal: rewards stay claimable every 4 days while principal remains locked. Claiming credits rewards to your available balance and is recorded in the ledger. Unclaimed rewards continue to be tracked and remain claimable at the next cycle.
5. Unsubscribing
Non-Locking principal may be unsubscribed in whole or in part at any time; the amount returns to your available balance. Locking principal cannot be unsubscribed or withdrawn before the end of the lock period selected at subscription; the lock starts when the subscription is recorded and ends after the chosen number of calendar months. When the lock period ends, the position is no longer locked: it continues to earn at its recorded locking rate and may be unsubscribed at any time. Accrual stops on the amount unsubscribed. Unsubscribing does not forfeit rewards already accrued unless stated at the time of a specific promotion.
6. Eligibility
Earn is available to accounts in good standing with completed identity verification, and only for assets marked Earn-eligible. Availability may be restricted in certain jurisdictions. We may exclude an account from the programme at our discretion, including where we suspect abuse or multiple-account activity.
7. Fees and taxes
No subscription or claim fee is charged unless disclosed on the Earn page at the time. Rewards may be taxable in your jurisdiction; determining and paying any tax due is your responsibility.
8. Risks
Subscribed principal remains exposed to market volatility and to platform risk. Balances are not bank deposits and are not covered by deposit insurance or any investor compensation scheme. You may lose value. See the risk disclosure for the full list.
9. Suspension and adjustment
We may suspend accrual or claims, and may reverse rewards credited in error, as a result of a system fault, or in connection with suspected fraud, sanctions or legal obligations. Corrections are recorded as ledger adjustments with an audit trail.
10. Relationship to other terms
These terms supplement our terms of service. Where there is a conflict about Earn specifically, these terms prevail.