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Grow your dollars with SimpleFi

Learn how to deposit into SimpleFi, choose a position, understand APY and risk, and withdraw your available balance.

Updated

SimpleFi lets you place supported digital dollars in a position that may earn a return. It is not a bank account, returns are not guaranteed, and you can lose money.

Caution: SimpleFi positions can lose value, and withdrawals may take time. Only deposit money you can afford to leave in place.

Open the SimpleFi tab or its card on Wallet. Available means funds held in SimpleFi but not yet earning. In Positions means funds already placed. APY is an estimated yearly rate and can change.

Deposit and start earning

  1. Tap Deposit, enter an amount, and continue. Keep Arca open while it processes.
  2. When the deposit appears as Available, tap New Position.
  3. Choose Conservative, Moderate, or Aggressive, review the risk and current APY, enter the amount, and confirm.

These names compare the choices; none is risk-free, and higher risk does not guarantee a higher return. Open a position to check its balance, deposits, gain or loss, risk level, and current APY. You can also add more from your Available balance.

Arca may prepare deposits from wallet USDC and USDT as USDC. If Finish your deposit appears, tap Convert now so the remaining USDT can be used in a position. If only part of a deposit completes, the rest stays in your wallet.

Withdraw to your wallet

Withdrawal takes two steps:

  1. Open the position and withdraw the amount to Available.
  2. On the SimpleFi home screen, tap Withdraw to send the Available balance to your wallet.

There is no fixed lock-up period, but processing may take time or fail. SimpleFi currently describes a small fee on withdrawal. Review the details before confirming. If a withdrawal is pending, do not submit it again; wait or check Activity first.

Know the risks

  • APY is an estimate, not a promised rate.
  • A position, digital dollar, or service behind it can fail or lose value.
  • USDC and USDT are designed to stay near $1, but this is not guaranteed.
  • SimpleFi funds are not a bank deposit and may not have government deposit insurance.
  • Network conditions, available liquidity, or service problems can delay withdrawals.

Only deposit money you can afford to leave in place if withdrawal takes longer than expected.

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