Global leading cryptocurrency exchange BingX has launched Shark Fin Wealth Management. Shark Fin is a capital-guaranteed structured product that provides users with stable investment returns and additional profits 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 choice in the cryptocurrency market.
Named after its unique Annual Percentage Rate (APR) curve resembling a shark fin, Shark Fin is a tool for users to earn profits based on market predictions. It generates returns based on the price fluctuations of the selected cryptocurrency assets by users. BingX has introduced two types of Shark Fin: Bullish Shark Fin, suitable for a bull market, offers higher interest rates when asset prices rise as expected; and Bearish Shark Fin allows users to profit in a bear market, with higher returns expected when asset prices remain within a set range.
Regardless of a bull or bear market, BingX Shark Fin offers an APR of up to 40% and does not charge any fees. Compared to similar products, Shark Fin boasts unparalleled flexibility, allowing users to customize investment periods among its three lock-in durations (1 day/3 days/7 days) based on their financial goals. Additionally, BingX Shark Fin is available for subscription at any time, eliminating subscription restrictions tied to specific market dates.
Vivien Lin, Chief Product Officer of BingX, stated:
“BingX Shark Fin prioritizes security to ensure a safe and reliable savings experience for users. It is now 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 global leading cryptocurrency exchange that offers a diverse range of products and services, including spot trading, derivatives, copy trading, and asset management, to over 10 million users worldwide. Catering to different levels of expertise from beginners to professionals, BingX is committed to providing a trustworthy and user-centric cryptocurrency trading platform, equipping users with innovative tools and features to enhance their trading capabilities.
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