NOTE:
We have made the difficult decision to suspend all withdrawals, trading, and deposits on the Vauld platform with immediate effect. We believe that this will help to facilitate our exploration of the suitability of potential restructuring options, together with our financial and legal advisors. We seek the understanding of customers of the Vauld platform that we will not be in a position to process any new or further requests or instructions in this regard.
To read more about this, please visit: https://support.vauld.com/en/collections/2888465-vauld-announcements-and-faqs
Click on [Fixed Deposits] from your homepage
2. Decide on the FD that would like to opt-out of
3. Hover over the arrow next to the chosen FD
4. An Opt-out button will appear. Click on it and then confirm to opt-out of the FD.
Can I opt-out of a FD at any time? Is there any penalty if I opt-out?
You can opt-out of an FD at any point in the month and receive the base interest for those number of days.
For example, you place a certain amount 'x' of USDT in a Fixed Deposit. You intend to keep it there for a month and at the FD interest rates expect an interest of 10 USDT at the end of the month. Assume that the same x USDT would have earned you 2 USDT interest per week at base interest rate. Now, let's say that after three weeks you decide to opt-out of the FD. Once you opt-out, the principal amount x is credited to your wallet. Additionally you will receive the base interest for the three weeks, which is 6 USDT (2 USDT/week X 3 weeks = 6 USDT).