Is Auto-Earn from Bybit Pay the same as Easy Earn on Earn?
Yes, the Auto-Earn function you see on Bybit Pay and Easy Earn is the same. When one is activated, the other will be enabled as well. Learn more about this function in these articles.
What happens if Auto-Earn is enabled?
When the Auto-Earn function is enabled, the selected assets will be invested for Flexible Term at 10 AM UTC daily. The amount invested depends on Bybit Easy Earn's minimum and maximum investment limits.
Note: There is a minimum and maximum limit for every investing product. Please refer to this page for more information.
What happens if Auto-Deduction is enabled?
When the Auto-Deduction function is enabled, the invested assets in Flexible Term are allowed to be deducted for Bybit Pay payments when the available assets in your Funding account are insufficient.
For example, let’s assume that you have selected USDT as the payment crypto asset in your Bybit Pay, and enabled the Auto-Earn function for USDT, USDC, and BTC at the same time. In the event that you have insufficient fiat and USDT in your Funding Account, the USDT from your Flexible Term will be used for Bybit Pay payments. Investing in USDC and BTC will not be affected.
What happens if Auto-Earn is disabled?
When the Auto-Earn function is disabled, assets subscribed to Flexible Term plans will not be invested.
If you decide to disable the Auto-Earn function on your Bybit Pay, please keep in mind the following points:
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The changes will take effect on the same day only if you disable this function before 10 AM UTC. However, if you make this change after 10 AM UTC, the modifications won't take effect until the following day.
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Once you've disabled Auto-Earn, your invested funds in Flexible Term will no longer be accessible for payments via Bybit Pay. You'll have to manually redeem these assets if required.
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After you disable Auto-Earn, if your Bybit Pay doesn't have enough fiat funds for payment, the system will not automatically use assets from your Funding Account to cover the payment amount.
What happens if Auto-Deduction is disabled?
When the Auto-Deduction function is disabled, the assets invested in Easy Earn will not be used for Bybit Pay payments. Only the supported fiat and selected payment crypto asset in your Funding Account will be deducted for Bybit Pay payments.