This announcement is general in nature. The products and services mentioned herein may not be available in your area.
Halo Binancian,
Binance launches a new batch of Range Bound products with updated Price Ranges and Settlement Dates. Users can take advantage of this to potentially get higher rewards when market volatility is low.
Subscription starts on: 04-20-2023 at 11.00 WIB
Subscription Format: First come first serve
View the new Price Ranges and Completion Dates in the link below
Get Rewards with Range Bound!
Range Bound is a product that allows users to earn rewards when the Reference Price of their chosen digital asset remains within a selected Price Range during the Subscription Period.
Users can select the Price Range and Completion Date that best suits their needs from a variety of options available. They can also decide which portion of their Subscription Amount will be forfeited (i.e., the Subscription Amount at Risk) if the Reference Price ever touches or exceeds the Upper/Lower Range of the selected Price Range during the Subscription Period. The higher the Number of Subscriptions at Risk, the higher the Potential APR.
Range Bound Underlying Assets | Deposit Currency | Number of Subscriptions at Risk | Completion Date |
BTC | BTC or USDT | 0%* - 5% | 25-04-2023 12-05-2023 |
ETH | ETH or USDT | ||
BNB | BNB or USDT |
* Note: Products labeled “Starter” have a 0% “Subscription Amount at Risk” option with a limit equal to $100 per user.
How to Start Range Bound:
Go to the Range Bound page.
Select the Range Bound product you wish to subscribe to (i.e., BTC, ETH, or BNB).
Select the option that suits your Price Range, Potential APR and Settlement Date preferences.
Enter the amount you want to subscribe. You can subscribe using USDT or any digital asset of your choice.
Select the Potential APR you wish to earn at the end of the Subscription Period. Please note that the higher the APR, the greater the Subscription Amount at Risk.
Read and agree to the Binance Range Bound Services Agreement, then check the confirmation box. Click [Confirm] to complete your subscription.
More information about Range Bound, including a glossary and detailed calculation methodology, can be found here.
Notes:
Range Bound may stop accepting new subscriptions at any time.
The APR will change in real-time depending on market fluctuations prior to subscription, but will be locked in once the subscription is complete.
Range Bound Products cannot be redeemed before the Settlement Date.
The Range Bound Underlying Asset is a digital asset whose price is being tracked.
Deposit Currency is the digital asset used to subscribe to Range Bound products.
Settlement Date is the date when the transaction and redemption will take place.
If there are any differences between the translated version and the original English version, the English version shall prevail.
Thank you for your support!
Tim Binance
20-04-2023
Trade anywhere with the Binance crypto trading app (iOS/Android)
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Binance reserves the right to change or cancel this announcement at any time and for any reason without prior notice at its sole discretion.
Risk Warning: Digital asset prices can be volatile. You may not get back the full amount invested, as part of your subscription amount is at risk. You are fully responsible for your investment decisions. Binance is not responsible for any losses you may experience. Long-term ownership of Range Bound products may increase the likelihood that you will lose a portion of your subscription amount. APR is the estimated reward you will earn in cryptocurrency over a selected time period. Before entering into a Range Bound transaction, you should conduct an independent assessment of the suitability and feasibility of the transaction by considering your objectives and circumstances, including risks and potential benefits. Contact your own advisor, if necessary. This information should not be considered financial or investment advice. To learn how to protect yourself, visit our Responsible Trading page. For more information, read our Terms of Use and Risk Warning.
