Since fixed deposits are less liquid as compared with current deposits, over 50% of users aged around 30 years old has never put their money into fixed deposit accounts, according to data from Yuebao. Zhaocaibao allows investors to withdraw anytime while enjoying the interests of fixed deposits. Yuebao users who connected their accounts to Zhaocaibao platform can pre-set expected interest rates, loan time, and financial product type. With Zhaocaibao, users can invest a minimum 100 yuan (US$16.25) to 1,000 yuan of funds. Yuan added that Zhaocaibao do not manage the funds, but cooperate with financial institutions that provide guarantees to the capital.