# How to Get Started Simple Earn

## How to Get Started: 

**Step 1: Access the Earn Service**

* Open the Cwallet website and log in to your account.
* Click the ‘Earn’ section from the main menu.

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**Step 2: Choose APR/Duration**

* Different durations offer different interest rates.

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**Step 3: Deposit Principal**

* The principal amount can’t exceed your Cwallet account balance.
* The minimum deposit amount is 1 USDT.
* The maximum deposit amount is subject to Cwallet system setting.
* Once your principal reaches the maximum amount, you need to redeem them before depositing more principal.

Note: If you want more quota, you can contact Cwallet support team.

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**Step 4: Calculate interest rates**

* Flexible deposit: The interest calculation starts on the next hour (T), and you can see the interest on the second hour (T+1 hour).
* Fixed deposit: The interest calculation starts at UTC 0:00 the next day (T+1 day), and you can see the interest after the second UTC 0:00 (T+2 days).

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**Step 5: Check Currency Recording**

* Flexible deposit: You can check your subscription deposit, interest every hour, and redemption.
* Fixed deposit: You can check your subscription deposit and redemption.Note: Fixed deposit can’t check the everyday interest.

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**Step 6: Redeem the Assets**

* Flexible deposit redemption: You can redeem at any time, and if your redemption is less than or equal to the interest, the interest will be redeemed first.
* Fixed deposit redemption:

1. Reach the agreed deposit term: The funds will automatically be sent to your Cwallet balance.
2. Early redemption: Only eligible to redeem the principal; the rewards will be forfeited, and the redemption will take 48-72 hours.

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