What is Autopilot?
Autopilot is a set-it-and-forget-it feature that automatically uses the yield (interest) you earn from your invested USD deposits to purchase Bitcoin. Instead of letting your yield sit as USD, Autopilot converts it into BTC on your behalf, helping you build a Bitcoin position over time with zero extra effort.
How does Autopilot work?
When you enable Autopilot, YieldClub monitors the yield accruing on your invested stablecoins. At a regular interval, your accumulated yield is automatically swapped into BTC and deposited into your wallet.
How do I turn on Autopilot?
You can enable Autopilot from the Settings Page in the app. Simply toggle the Autopilot switch on and you're all set. You can turn it off at any time with a single tap. Note that Autopilot requires a minimum of $500 due to system limitations.
Does Autopilot affect my principal deposit?
No. Autopilot only uses the yield (interest) your investment generates. Your principal stablecoin investment remains fully intact and continues to earn yield.
Does YieldClub provide tax documentation?
YieldClub does not generate or provide tax documents (such as 1099s or tax reports) as we are a self-custodial wallet provider. However, depending on your region and activity, you may receive reports from third parties used for payment onramps (Coinbase, Cybrid, BlindPay, etc). Users are responsible for tracking and reporting their own activity according to their local tax requirements. YieldClub does not provide tax advice, and we recommend consulting a qualified tax advisor if you have questions about how to report your activity.
What cryptocurrencies can I trade on YieldClub?
YieldClub currently supports trading for three major cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), and XRP.
How do I buy crypto on YieldClub?
Buying crypto is simple. Navigate to the Trade section in the app, select the asset you want to buy (BTC, ETH, or XRP), enter the amount in USD, review the transaction details, and confirm.
Can I sell my crypto back to USD?
Yes. You can sell any of your BTC, ETH, or XRP holdings back to USD directly within the app. Go to the Trade section, select the asset you want to sell, enter the amount, review the details, and confirm. Proceeds will appear in your YieldClub wallet balance.
Are there any fees for trading?
YieldClub charges a small transparent Network Fee on each transaction which accounts for third-party gas costs, swap fees and slippage. The fee is clearly displayed on the review screen before you confirm any trade.
What happens if the price changes while I'm confirming a trade?
Because crypto prices fluctuate, a small slippage tolerance is built into each trade. If the price moves beyond this tolerance before your transaction confirms, the trade will not execute to protect you. You may have to retry the trade in this case.
Discover Smarter Yield
Traditional fixed income locks up your money. YieldClub lets you earn up to 12% APY with liquidity and built-in depositor protection.
Earn up to 12% yield on your dollars. Auto-convert to BTC, ETH, XRP and more. No crypto experience needed.
