Introducing KuCoin Shark Fin
04/07/2023 18:04:08
Dear KuCoin Users,
We are thrilled to announce the highly anticipated release of KuCoin Shark Fin, a low risk structured product with guaranteed principal and yields.
KuCoin Shark Fin products utilizes call options to generate yields and will not cause users to lose any principal. KuCoin supports USDT subscription with durations of 7 days, longer durations will be supported in the near future. The guaranteed APR is at 5%!
Shark Fin products offer the bullish and bearish two options where one can choose the underlying assets and price range based on one’s own market preference.
If the settlement price falls within the chosen price range, the APR will increase linearly based on the base interest rate. If the settlement price falls outside the chosen price range (either below or above the range), you will receive the basic APR returns.
Advantages of KuCoin Shark Fin
- Principal protected
- One click subscription
- Earn yields in both bearish and bullish market
- No extra fees
Here are two examples of KuCoin Shark Fin product options:
Bullish Shark Fin
Underlying asset: BTC
Price range: $31,400 ~ $34,500
APR range: 5% ~ 11.47%
Product Duration: 7 days
Bearish Shark Fin
Underlying asset: BTC
Price range: $27,500 ~ $30,600
APR range: 5% ~ 11.12%
Product Duration: 7 days
How to subscribe KuCoin Shark Fin？
Web:
Go to the KuCoin website > Find Earn in the website header > Click on Advanced > Shark Fin
APP:
Go to the KuCoin App > Find the More > Finance > Click on Earn > Shark Fin
More Details:
>>>FAQs
Risk Warning:
KuCoin Earn is a risk investment channel. Investors should be sensible in their participation and be aware of investment risks. The KuCoin Group is not liable for users’ investment gains or losses. The information we provide is for users to conduct their own research. It is not investment advice. The KuCoin Group reserves the right of final interpretation of the activity. Kucoin is not responsible for any loss of assets caused by the user's own investment decisions or related behaviors, and the user should assume full responsibility.
Thank you for your support!
The KuCoin Earn Team
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