BingX Finance Introduces Shark Fin, with APR Reaching up to 40%

BingX Finance Introduces Shark Fin, with APR Reaching up to 40%

BingX Finance Introduces Shark Fin, with APR Reaching up to 40%

Leading global cryptocurrency exchange BingX has launched Shark Fin wealth management. Shark Fin is a capital-protected structured product that provides users with stable financial returns and additional profit for accurately predicting the prices of BTC and ETH. This innovative product not only enriches BingX’s wealth management product portfolio but also provides users with a robust investment option in the cryptocurrency market.

Shark Fin is named after the unique Annual Percentage Rate (APR) curve that resembles a shark’s dorsal fin. As a tool for users to earn profits based on market predictions, Shark Fin generates returns based on the price fluctuations of the selected cryptocurrency assets. BingX has introduced two types of Shark Fin: Bull Shark Fin, suitable for bull markets, offers higher interest rates when asset prices rise as expected; and Bear Shark Fin allows users to profit in bear markets, offering higher returns when asset prices remain within the set range.

Whether in bull or bear markets, BingX Shark Fin can provide a maximum APR of up to 40% without any transaction fees. Compared to similar products, Shark Fin offers unparalleled flexibility, allowing users to customize their investment terms within three lock-in periods (1 day/3 days/7 days) according to their financial goals. Additionally, BingX Shark Fin is available for subscription at any time, eliminating the subscription restrictions imposed by specific market dates.

Vivien Lin, Chief Product Officer of BingX, stated: “BingX Shark Fin prioritizes security, ensuring a secure and reliable savings experience for users. It is currently available on all BingX platforms, providing users with an intuitive and user-friendly interface to manage their investments.”

About BingX:
Established in 2018, BingX is a leading global cryptocurrency exchange that offers a diversified range of products and services, including spot trading, derivatives, copy trading, and asset management, to over 10 million users worldwide. BingX is committed to providing a trustworthy and user-centric cryptocurrency trading platform, offering innovative tools and features to enhance users’ trading capabilities.

This article is provided by the official source and does not represent the stance of this website or investment advice. Readers are advised to conduct their own thorough evaluations.