BingX, the world's leading cryptocurrency exchange, launches Shark Fin financial management. Shark Fin is a capital-guaranteed structured product that can provide users with stable financial returns and provide additional returns and profits for users who accurately predict the prices of BTC and ETH. This innovative product not only enriches BingX’s financial product portfolio, but also provides users with a sound investment choice in the crypto market.
Shark fins are named after their unique annualized return (APR) curve that is shaped like a shark's dorsal fin. As a powerful tool for users to earn income based on market predictions, Shark Fin brings income to users based on the price changes of their selected cryptocurrency assets. BingX has launched two types of shark fins: bullish shark fins are suitable for bull markets and provide higher interest rates when asset prices rise as expected; while bearish shark fins allow users to profit in bear markets when asset prices remain at a set level. Within a certain range, higher returns are expected.
Regardless of whether it is a bull market or a bear market, BingX Shark Fin can provide up to 40% APR and does not charge any handling fees. Shark Fin offers unparalleled flexibility compared to similar products, allowing users to customize the investment period across its three lock-in periods (1 day/3 days/7 days) based on their financial goals. In addition, BingX shark fins can be subscribed at any time, eliminating the subscription constraints of specific date restrictions in the current market.
Vivien Lin, chief product officer of BingX, said: "As a new product in the BingX financial series, Shark Fin combines the security of traditional savings with the high-yield potential of the cryptocurrency market. BingX users will enjoy an APR that exceeds traditional savings, reflecting our Determination to empower traders with cutting-edge financial solutions. This product reflects our mission of continuous user-centered product innovation.”
BingX shark fin products focus on safety and ensure a safe and reliable savings experience for users. Currently, it has been logged into all BingX clients, providing users with an intuitive and friendly interface to manage their investments.
