How can I deposit into my INLOCK account?
Login to your INLOCK account and select the type of coin you would like to deposit. Click the plus + sign, (Deposit) and copy the address. If you want to [...]
How does Inlock produce the paid interest?
The INLOCK platform provides Savings Account and Loan services to its clients. Users of the crypto wallet can earn interest income while providing liquidity to the borrowers, all this without [...]
What is the maximum amount that can be deposited?
There is no maximized amount, any amount can be placed in the INLOCK Savings Account.
How much does it cost to use the Savings Account?
Using the Savings Account is free. However, withdrawal fees differ by cryptocurrencies (see transfer fees: https://inlock.io/faq-items/what-are-the-withdrawal-fees/)
What is the minimal withdrawal amount?
The minimal withdrawal amounts are: Minimum withdrawal amount is based on current network load and selected network (chain). You can find the detailed list on the following link: https://api.inlock.io/inlock/api/v1.0/public/fees IMPORTANT [...]
How long does the withdrawal last?
Withdrawals are automated. INLOCK initiates the withdrawal process every 10 minutes (approx), but the withdrawal time depends on the network congestion and other internal processes but on average it should [...]
What are the supported cryptocurrencies?
Supported cryptocurrencies of INLOCK platform Bitcoin (BTC ₿) Ether (ETH) Litecoin (LTC) OMG LINK BAT UNI Maker ILK BNB Cardano (ADA) SOL SRM FTT RAY Stablecoins: USD Coin (USDC) Tether [...]
Under what conditions am I entitled to receive interest in the Savings Account?
You are entitled to receive interest if you deposit cryptocurrency in your Savings Account. Interest will be credited only after the first full day of crypto assets being placed in [...]
What is the minimum amount that can be deposited?
There is no minimum amount, any small amount can be placed in the INLOCK Savings Account, however, interest is only credited if the weekly interest rate for that given crypto [...]
What is Inlock Savings Account and how does it work
Our clients automatically receive interest on the cryptocurrencies stored in their Savings Account! Clients can deposit and withdraw cryptocurrencies anytime and any amount from the Inlock Savings Account and they [...]