The threshold is only for the Compound Earning programme. We don't have general account value limits at this time (hopefully will not need to).
So,
- Yes if you add $1000 you will be in the VIP-1 status.
- Yes if you add +$4000 (totally $5000) you will be in the VIP-2 status. Free withdrawals! Yay!
- Yes if you add another +$6000 (totally $11,000) you will still be in the VIP-2 status because higher VIP statuses have not yet been enabled 😅
so, now account balance = $11,000 based on this accumulation. you can add more funds or trade more and make more $$, and there's no limitation there.
But if you make a Compound Earning deposit if $11,000 (suppose) the extra $1000 will be returned to your account. The $10,000 deposit will be honoured in full (so $2,000 in 1 year's time).
If you already have a $10,000 deposit, and you make another one, the new deposit will be cancelled and returned to you. The $10,000 deposit will still be honoured in full.
Does that clarify it? Let me know if I missed anything!
So,
- Yes if you add $1000 you will be in the VIP-1 status.
- Yes if you add +$4000 (totally $5000) you will be in the VIP-2 status. Free withdrawals! Yay!
- Yes if you add another +$6000 (totally $11,000) you will still be in the VIP-2 status because higher VIP statuses have not yet been enabled 😅
so, now account balance = $11,000 based on this accumulation. you can add more funds or trade more and make more $$, and there's no limitation there.
But if you make a Compound Earning deposit if $11,000 (suppose) the extra $1000 will be returned to your account. The $10,000 deposit will be honoured in full (so $2,000 in 1 year's time).
If you already have a $10,000 deposit, and you make another one, the new deposit will be cancelled and returned to you. The $10,000 deposit will still be honoured in full.
Does that clarify it? Let me know if I missed anything!
Well, it's more than enough clarification, thank you!
One small clarification. By this, "If you already have a $10,000 deposit, and you make another one, the new deposit will be cancelled and returned to you", you mean that my deposit will be returned to my main account, correct? Not back on my address that I have send the funds/ coins.