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Bitget Increases Shark Fin Guaranteed Yield

by Vaibhav
March 16, 2023
in News
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Bitget_increases_the_base_annual_interest_rate_of_Shark_Fin_products_to_5__

Cryptocurrency exchange bitget increased the guaranteed rate of return of financial products Shark Fin from 1-2% to 5% per annum. This was reported to Cryplogger by representatives of the trading platform.

Investors are guaranteed to earn 5% per annum, and also receive a higher percentage if the asset price is in a certain range during the subscription period.

At the time of publication, Bitget offers two products Shark Fin to bitcoin with characteristics:

  • subscription duration – seven days;
  • price ranges – from $23,800 to $25,800;
  • maximum yield – up to 22.18%;
  • the minimum deposit is 20 USDT or 0.001 BTC.

Example: you have invested in Shark Fin with a price range of $20,000 to $22,000. After that, two scenarios are possible:

  • if within seven days bitcoin is in the specified price range, you will receive 7-24% per annum;
  • if it falls outside the range, you will receive 5% per annum.
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Shark Fin Bitget
Shark Fin yield calculation. The name of the products is associated with a yield curve that resembles a shark fin. Data: Bitget Academy.

Shark Fin are fixed-term products, so they cannot be redeemed until the end of the subscription. More information in Bitget Academies.

bitget is a crypto exchange with support for spot and futures trading, P2P, OTC transactions and copy trading. This is one of the fewother platforms partnerships with TradingView.

Recall that in March 2023, Bitget became the official sponsor of the women’s team of the Italian FC Juventus.

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Bitget_increases_the_base_annual_interest_rate_of_Shark_Fin_products_to_5__

Cryptocurrency exchange bitget increased the guaranteed rate of return of financial products Shark Fin from 1-2% to 5% per annum. This was reported to Cryplogger by representatives of the trading platform.

See also  The Beatles' NFT Audio Interview Fails

Investors are guaranteed to earn 5% per annum, and also receive a higher percentage if the asset price is in a certain range during the subscription period.

At the time of publication, Bitget offers two products Shark Fin to bitcoin with characteristics:

  • subscription duration – seven days;
  • price ranges – from $23,800 to $25,800;
  • maximum yield – up to 22.18%;
  • the minimum deposit is 20 USDT or 0.001 BTC.

Example: you have invested in Shark Fin with a price range of $20,000 to $22,000. After that, two scenarios are possible:

  • if within seven days bitcoin is in the specified price range, you will receive 7-24% per annum;
  • if it falls outside the range, you will receive 5% per annum.
See also  Binance and Ingenico launch crypto payment terminals in Europe
Shark Fin Bitget
Shark Fin yield calculation. The name of the products is associated with a yield curve that resembles a shark fin. Data: Bitget Academy.

Shark Fin are fixed-term products, so they cannot be redeemed until the end of the subscription. More information in Bitget Academies.

bitget is a crypto exchange with support for spot and futures trading, P2P, OTC transactions and copy trading. This is one of the fewother platforms partnerships with TradingView.

Recall that in March 2023, Bitget became the official sponsor of the women’s team of the Italian FC Juventus.

Subscribe to Cryplogger on social networks

Found a mistake in the text? Select it and press CTRL+ENTER

Cryplogger Newsletters: Keep your finger on the pulse of the bitcoin industry!

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