Currently CBANX is offering two Fixed Deposit plans.
1. Six (6) Months
2. Twelve (12) Months
If a user chooses the 6 months plan, it will entitle the user to a 5% Interest on the principal amount. The amount will get accumulated and both the principal and the interest will get credited to the CBNX wallet at the end of the tenure. For 12 months the interest will be 12%.
Note: Return is based on the total duration period, so for example 1000 coins or tokens would grow into 1050(+5%) after 6 months, or 1120(+12%) after 12 months.