Last Updated: 2026‑09‑20
I.Introduction
This Echobit Earn Service Agreement ("Agreement") is a contract between you ("you", "your" or "User") and Echobit Global ("we", "our", "us" or "Echobit"). It sets out the terms and conditions that govern your use of Echobit’s Earn Product (hereinafter referred to as "Earn") and related trading services through echobit.com or any of our associated websites, application programming interfaces or mobile applications (collectively the "Platform").
The terms and conditions in this Agreement are supplementary to the User Agreement, Privacy Policy, Risk Disclosure or any other agreement or publication pertaining to Echobit’s Earn products or related trading services as may be published by Echobit from time to time (collectively, the "Legal Documents"). If the terms in this Agreement vary from those of the Legal Documents, the terms in this Agreement shall prevail. Before you use our Earn products and related services, you should carefully read this Agreement and the Legal Documents.
By using Echobit’s Earn products and related trading services (hereinafter the "Services"), you are deemed to have read, agreed, and fully understood the terms and conditions of this Agreement and the terms set out in the Legal Documents, including any revisions as may be published by us from time to time. If you do not agree to any terms or conditions set out in this Agreement or the Legal Documents, you are hereby advised to cease your use of the Services immediately. By continuing to use the Services, you are deemed to have agreed to the terms and conditions set forth in this Agreement and the Legal Documents in their entirety unconditionally.
Please note that users residing in specific jurisdictions may not access the Services. Such jurisdictions may include Russia, Türkiye, the United Arab Emirates, Barbados, Benin, Burkina Faso, Bulgaria, the Democratic Republic of the Congo, Cameroon, Spain, Gibraltar, Croatia, Haiti, Indonesia, Kenya, the Democratic People's Republic of Korea, the Cayman Islands, Laos, Monaco, Mali, Libya, Mozambique, Namibia, Nigeria, Nepal, Panama, Palau, Sudan, Senegal, Syria, Tanzania, Ukraine, Uganda, Yemen, South Africa. The above list is non‑exhaustive and Echobit may unilaterally amend this list at any time without prior notice.
II.Definitions
Save as defined below, all terms and references used in this Agreement shall have the meaning assigned to them in the User Agreement:
"APR" has the meaning assigned to it in Clause 5;
"Blockchain Network Architecture" means a network of decentralized nodes maintaining addresses and processing transactions in relation to addresses in accordance with the rules set out in their respective protocols.
"Decentralized Application" means an application operated by decentralized protocols and the Blockchain Network Architecture.
"Early Redemption" means redeeming your Fixed Savings prior to the Redemption Date. "Fixed Savings" has the meaning assigned to it in Clause 4;
"Flexible Savings" has the meaning assigned to it in Clause 4;
"Redemption Date" means the last day of the term.
"Term" has the meaning assigned to it in Clause 4;
"Third‑Party Operators" means third‑party operators who own, control, or otherwise operate the DApps.
Ⅲ.Service
In subscribing to the Services, you acknowledge, agree and confirm the following:
(a) any voting rights attached to your Digital Assets shall be assigned or delegated to us during the Term;
(b) we may combine your Digital Assets with other users’ Digital Assets;
(c) you irrevocably authorize us to deal with your Digital Assets in any manner we deem fit to generate the rate of return displayed on the Platform;
(d) we have the sole discretion to determine from time to time in relation to the Services:
(i) the minimum amount of Digital Assets required to be deposited to subscribe to the Services;
(ii) the fund size for any particular service;
(iii) any redemption period;
(iv) any redemption limits;
(v) any subscription limits;
(vi) any annual percentage rate;
(vii) any fees or charges;
(e) you are the legal owner of the Digital Assets you deposit and warrant that the source of such Digital Assets is lawful.
You understand and accept the risks that may arise from using the Services and the losses that you may incur from using the Services, including but not limited to:
(a) any loss you may suffer arising out of the inability to trade Digital Assets. You are willing to bear the capital risks and potential financial losses arising from staking your Digital Assets and subscribing to the Services;
(b) the expected returns displayed on the Platform are theoretical return estimates and are not actual returns guaranteed or promised by Echobit. Actual returns may differ from expected returns. Your final returns shall be based on the actual returns you receive, which will be distributed by us in our sole discretion. We make no guarantee or promise regarding the actual returns you may receive;
(c) price fluctuations of Digital Assets and their derivatives may result in substantial or total losses within a short‑term period;
(d) technical anomalies may occur, which may prevent you from using the Services or conducting relevant transactions and may cause losses to your Digital Assets;
(e) market anomalies may occur, which may lead to losses of your Digital Assets;
(f) for the purpose of maintaining market order, Echobit may add, delete or amend the terms of this Agreement or other relevant service agreements and terms from time to time. Any changes may be beneficial or detrimental to individual customers such as yourself.
Ⅳ.Subscription
You may subscribe to a particular Service by depositing, staking or allocating your Digital Assets for either a fixed‑term or flexible‑term period to generate returns pursuant to one of the following options:
(a) Flexible Savings: After users subscribe with Digital Assets, returns start accruing from 08:00 UTC+8 on the next calendar day (T+1). Each interest accrual cycle runs from 08:00 UTC+8 to 08:00 UTC+8 of the following day, totalling twenty‑four (24) hours.
(b) Fixed Savings: You subscribe with Digital Assets which will be locked for an agreed fixed term. Returns shall be calculated based on the annual percentage rate of the corresponding product and the actual lock‑up period. Fixed‑term Savings products enter the lock‑up period upon successful subscription. The exact return commencement time, lock‑up duration and return distribution time shall be subject to what is displayed on the specific product page.
Any selection you make upon subscribing to the Services is final and may not be cancelled, revoked or modified.
Ⅴ.Returns
Your Digital Assets may accrue returns at the annual percentage rate published on the Platform at the time of your subscription ("APR"). A tiered APR may apply depending on the quantity and type of Digital Assets.
The APR for any particular Service may change from time to time. Changes to the APR will be published on the Platform. You are responsible for monitoring the published rates and are advised to check the Platform regularly. Echobit shall not be liable for any losses arising out of or in connection with changes to the APR, whether or not you are aware of such changes.
For the avoidance of doubt, historical returns are not indicative of future returns. Echobit does not guarantee that you will obtain the APR displayed on the Platform at the time of your subscription. You agree and accept that any representation regarding potential returns upon your subscription to the Services is an estimate only and constitutes no guarantee. The actual distributed returns may have minor discrepancies due to rounding‑off or precision errors in calculation.
Ⅵ. Redemption
Under Fixed Savings, you may subscribe at any time. Early redemption or withdrawal is, in principle, unavailable during the lock‑up period. If early redemption is supported by the product, part or all of the returns may be deducted in accordance with product rules, subject to the display on the product page and relevant rules. Upon expiry of the lock‑up period, your principal and accrued returns shall be distributed or automatically redeemed in accordance with product rules.
Under Flexible Savings, you may subscribe to or redeem your Digital Assets at any time. You must hold the subscribed assets until the end of the interest accrual cycle to be eligible for returns for such a cycle. If you initiate a withdrawal or redemption prior to the end of an interest accrual cycle, the cycle shall be deemed incomplete and no returns for that cycle shall be paid out.
Ⅶ.Distribution
You understand and agree that between the redemption time and the actual crediting‑to‑account time, you will not be able to perform any refund, transfer or other operations on the redeemed Digital Assets. You understand and accept that the actual time for redeemed Digital Assets to be credited to your Spot Account or Futures Account (as applicable) may vary or be delayed under certain circumstances, including without limitation extreme market volatility, network latency, massive simultaneous redemption requests from other users, or any other unanticipated events.
The crediting‑to‑account time displayed on the Platform shall be final. Echobit shall not be liable for any losses arising from discrepancies in crediting‑to‑account time.
Ⅷ. liabilities
The Legal Documents set out circumstances in which you may incur losses or bear liability, for which Echobit assumes no liability. Without prejudice to the foregoing, such circumstances include:
- inability to use the Services, place instructions or perform trading operations arising from service failure, delay, interruption, system non‑response, delayed system response, insufficient or reduced service liquidity or other abnormal conditions; service suspension for maintenance; failure of data transmission;
- force‑majeure events or incidents such as typhoons, earthquakes, tsunamis, floods, plagues, power outages, war, civil unrest, governmental acts, terrorist attacks, pandemics, infectious diseases or other similar events;
- service interruption or delay caused by hacker attacks, computer viruses, technical adjustments or malfunctions, website upgrades, banking‑related issues, governmental regulations or other similar causes;
- losses arising from technical problems that cannot be foreseen or resolved by existing technical capabilities;
- losses caused by third parties;
- losses resulting from changes to applicable laws and regulations or orders issued by government, regulatory or law‑enforcement authorities.
You agree and accept that the foregoing or any other causes may give rise to abnormal transactions, abnormal markets and price fluctuations, market disruptions and other potential abnormal conditions.
Echobit reserves the right and sole discretion to refuse to execute or cancel your instructions.
You agree and accept that Echobit shall not be liable for any losses caused by the risks described in this Agreement or the Legal Documents, including without limitation any direct or indirect losses, actual losses or loss of anticipated profits.
Ⅸ.Disclaimers
By choosing to use any of the Services, you understand and agree that Echobit may, in its sole discretion, place your contributed Digital Assets under agreements and/or smart contracts. Under such circumstances, your contributed Digital Assets may no longer be held in custody by Echobit. You understand and agree that this may expose you to certain risks, and Echobit shall not be liable for any losses arising from such risks. Echobit may inform you of the location and/or manner in which your contributed Digital Assets are held, yet such information may not always be available.
Echobit may from time to time suspend your access to your Echobit Account, the Echobit Platform, the Services and/or any other Echobit Services for scheduled or emergency maintenance. Echobit will use reasonable endeavours to ensure that transactions on the Echobit Platform are processed in a timely manner. However, Echobit makes no representation or warranty as to the time required to complete any such maintenance.
While Echobit will use reasonable endeavours to update information on the Echobit Platform, Echobit makes no express or implied representation, warranty or guarantee as to the accuracy, completeness or currency of the content on the Echobit Platform, including information relating to the Services and any other Echobit Services.
You are responsible for obtaining the data‑network access necessary to use the Services or any other Echobit Services. You are responsible for acquiring and updating compatible hardware or devices necessary to use the Services, any Echobit Services, the Echobit Platform, and any updates thereto. Echobit does not warrant that any of the Echobit Services, or any portion thereof, will function properly on any particular hardware or devices. The Echobit Services may be subject to malfunctions and delays inherent in internet and electronic communications.
Notwithstanding our best efforts to ensure the security of your data and transactions, the risk of unauthorized access, hacker attacks, data loss or other security breaches cannot be completely eliminated. You acknowledge and agree to bear the risk of any unauthorized access to your account information and any loss of Digital Assets resulting therefrom.
The digital‑asset sector is rapidly evolving, and technical changes may require adjustments to the Services or the manner in which you interact with the Echobit Platform. Echobit reserves the right to modify the technologies employed, features provided or service requirements based on technological advancements or regulatory changes without prior notice.
You agree and acknowledge that we shall have no liability to you for any losses, costs or expenses suffered by you arising from your inability to carry out a transaction or any cause beyond our reasonable control whose effects are also beyond our reasonable control.
You understand and agree that Echobit’s aggregate liability shall not exceed the total service fees collected by Echobit from you.
Ⅹ. Mandatory Measures
You agree and accept that Echobit strictly prohibits unfair trading practices. Echobit reserves the right to exercise control over, restrict, suspend or close your account in its sole discretion if you engage in any of the following conduct:
- Market manipulation, price manipulation, insider dealing, market distortion, or any other malicious wrongful act;
- Participation in any activities deemed by Echobit to be harmful to the market;
- Violation of any Applicable Laws and Regulations;
- Violation of the Legal Documents.
In order to eliminate any adverse effects on the overall market, Echobit reserves the right and sole discretion to suspend or terminate your Account, your access to the Services, or refuse to execute or cancel your instructions. Echobit shall not be liable for any losses incurred in connection with the aforesaid measures, including without limitation any direct or indirect losses, actual losses or loss of anticipated profits.
Ⅺ.Indeminifiction
You shall take all reasonable and practicable measures to protect Echobit from any damages arising out of your use of the Services or other actions related to your Echobit Account. You agree to indemnify, hold harmless and promptly defend Echobit and its affiliates and associates, including their respective agents (if any), as well as the shareholders, directors, officers and employees of Echobit and its affiliates and associates (collectively the "Indemnified Party"), from and against any and all claims, losses, liabilities, damages, judgments, penalties, fines, costs and expenses whatsoever (including professional fees and reasonable attorney‑client fees) suffered or incurred by any Indemnified Party, arising out of or in connection with your use of the Services or other circumstances set out in the Legal Documents.
Ⅻ.Reminder
By using our Services, you are deemed to agree to independently manage potential risks, assess the value and risks of investing in Digital Assets, and bear the financial risk of potentially losing your entire investment. You shall fully consider your own financial position and risk‑bearing capacity prior to conducting any margin trading, and you fully acknowledge the risks associated with Digital Asset investments. You understand that you may generate profits or sustain losses when engaging in Digital Asset margin trading. The Risk Reminder set forth in this Agreement does not enumerate all risks involved in Digital Asset margin trading. You are hereby advised to fully understand such risks; please note that such investments carry substantial risks and prudence is recommended for all investments.
We are not your broker, dealer, intermediary, agent or advisor. You acknowledge and agree that no fiduciary relationship or fiduciary duty exists between us and you in respect of any transactions, decisions or other activities undertaken by you while using the Services. We do not provide investment or financial advice of any kind, and no communication or information provided to you by us constitutes, or shall be construed as, advice of any kind. All transactions are executed in accordance with your order instructions. All information displayed is for informational purposes only and does not constitute any recommendation or endorsement whatsoever. You are solely responsible for determining whether any investment, security or strategy, or any other product or service, is suitable for you in light of your investment objectives, personal circumstances and financial position, and shall bear sole responsibility for any losses arising therefrom.
Digital Assets subscribed for any Earn Service may, at Echobit’s sole discretion and without prior notice, be used by Echobit for operational purposes, including but not limited to providing loans to other global Echobit users via the Services. In addition, Digital Assets subscribed to any Earn Service may be deployed for on‑chain staking activities under tight control.
ⅩⅢ.No Financial Advice
You acknowledge that your use of our Services on our Platform is entirely voluntary, based on your own financial position and your understanding of the relevant risks. Such assessment bears no connection to us or any third‑party whatsoever.
All dealings between us and you are conducted on an "execution‑only", "non‑advised" and "as‑is" basis. You shall rely on your own independent judgment when making investments and are not entitled to request us to provide any transaction‑related investment advice. Echobit does not provide, nor is it under any obligation to provide you with, any investment advice.
ⅩⅣ.language
This Agreement is drafted in the English language. Although translations of this Agreement in other languages may be available, such translations may not be up‑to‑date or complete. Accordingly, you agree that in the event of any conflict between the English‑language version of this Agreement and any other translations thereof, the English‑language version shall prevail.