Savings
Lock your crypto and earn a fixed rate
Put cNGN, USDT or Bitcoin away for a set number of days and earn an agreed rate on it. You know the exact figure before you lock, and the rate you agree cannot be changed afterwards.
What you get
You see the exact figure first
Before you confirm, Safelock shows what you lock, the day it unlocks, the interest to the last decimal, and what breaking early would cost. Nothing is worked out afterwards.
Longer terms, better rates
A plan can offer several lengths, each with its own rate — 30 days at one rate, 180 at a higher one. You pick the length when you lock, and the rate follows your choice.
Take the interest as it suits you
Where a plan allows it, choose to be paid monthly, quarterly, yearly, all at the end, or the whole amount upfront. The instalments land in your balance on their own.
Breaking early never costs your deposit
Change your mind and your money comes back. What you give up is a share of the interest earned so far — the penalty is applied to interest, never to the amount you put in.
See it
Every figure stated before you commit: the rate, the unlock date, the interest, and the cost of changing your mind.
How it works
- 1
Pick a plan and a length
Each plan sets the coin, the lengths on offer and the rate for each one. The interest is shown in full before you commit.
- 2
Lock the amount
It moves out of your balance and into the lock straight away, and shows on your Safelock page with a countdown until it opens.
- 3
Get paid
Interest arrives on the schedule you chose, and on the final day your deposit and any remaining interest land back in your balance. Nothing renews on its own.
Questions
How is the interest worked out?
The rate is an annual one, shared out over the days you lock for. A plan quoting 14% a year over 90 days pays about 3.45%, not 14%. The app shows the exact naira or dollar figure before you confirm, so you never have to do that sum yourself.
Can I get my money out before the term ends?
On most plans, yes. Your deposit comes back in full and you keep a share of the interest earned up to that day — the plan states the share before you lock. Some plans run to the end and say so, and the app will not let you break those.
What if Rimoswap changes the rate later?
It does not affect money already locked. The rate and the term are fixed at the moment you lock, and a change only applies to locks opened afterwards.
Do I earn anything for inviting someone?
Yes. If someone you introduced locks funds and holds them to the end of the term, you earn a commission on what they locked. It is paid when their lock matures, so a lock that is broken early earns nothing.