What it is
Lock coins for 1, 3, 6 or 12 months in exchange for virtual interest. Teaches patience and the cost of early withdrawal.
Early withdrawal costs 20% of the locked amount, and you lose the interest — a simplified real-world lesson.
How to set it up
1
Choose duration
1, 3, 6 or 12 months — longer terms earn higher virtual interest.
2
Deposit coins
Coins move from available balance to locked term deposit.
3
Wait or withdraw early
At maturity, principal + interest return. Early exit costs 20%.
4
Discuss as a family
Compare term deposit vs keeping coins liquid for upcoming expenses.
Valentina's 12-month deposit
400 coins locked for 12 months at 60% virtual interest → 640 at maturity. She keeps 500 coins liquid for monthly spending. When concert tickets need 2,000 coins, she negotiates early withdrawal and accepts the penalty.
| Duration | Interest | 500 coins at maturity |
|---|---|---|
| 1 month | 2% | 510 |
| 3 months | 10% | 550 |
| 6 months | 25% | 625 |
| 12 months | 60% | 800 |
FAQ
Is interest guaranteed?
Interest rates are fixed virtual rates for education — not real banking products.
What is the early withdrawal penalty?
20% of the locked amount (the principal) is deducted, and you lose the interest.
Can younger kids use term deposits?
Parents can enable it for any wallet, but it resonates most with tweens and teens.