This is a general advertisement and the products and services referred to may not be available in your area.
Hello dear Binance members,
Binance is launching a new batch of Range Bound products with updated price ranges and settlement dates, which users can leverage to earn higher rewards during times of low market volatility.
Subscription begins on: 05-23-2023 at 10:00 (UTC)
Subscription system: first come first served
Check out the new price ranges and settlement dates in the link below
Earn rewards with Range Bound!
Range Bound is a product that allows users to earn bonuses when the reference price of their chosen digital asset remains within the specified price range during the entire subscription period.
Users can select the price range and settlement date that best suits their needs from the wide range of options available. They can also specify the portion of the subscription amount that will be waived (i.e., the subscription amount at risk) if the reference price touches or exceeds the upper/lower limit of the specified price range during the subscription period. The larger the amount at risk, the larger the potential annual percentage rate.
*Note: Products labeled “Beginner” have the option “Subscription Amount at Risk” of 0%.
How to get started with Range Bound:
Go to the Range Bound page.
Choose the Range Bound product you wish to stake (i.e. BTC, ETH or BNB).
Select an option that matches the price range, potential APR, and settlement date values you prefer.
Enter the subscription amount you wish to use. You can subscribe using USDT, BUSD or the selected digital asset.
Determine the potential annual percentage rate you would like to earn at the end of the subscription period. Please note that a higher APR means a higher subscription amount at risk.
Read and agree to the Binance Range Bound Service Agreement and tick the confirmation box. Click [Confirm] to complete your subscription process.
For more information about Range Bound, including terminology and details of the calculation method, click here.
comments:
Range Bound may stop accepting new subscriptions at any time.
The annual percentage rate will change in real time according to market fluctuations prior to the subscription, but the value will be fixed once the subscription is completed.
Range Bound products cannot be redeemed before the settlement date.
Range Bound Underlying Asset refers to the digital asset whose price will be tracked.
Deposit Currency refers to the digital asset used to subscribe to a Range Bound product.
Settlement Date refers to the date on which transactions and redemptions will be made.
In the event of a conflict between the translated versions and the original English version, the English version shall prevail.
thanks for your support!
Binance Team
2023-05-23
Trade on the go with the Binance Cryptocurrency Mobile App (iOS/Android)
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Binance reserves the right to modify, change or cancel this announcement at its discretion at any time and for any reason without prior notice.
Risk Warning: Digital asset prices can be volatile. You may not recover the full amount you invested as part of the subscription amount is at risk. You are solely responsible for your investment decisions and Binance will not be held liable for any losses you may incur. Long-term possession of a Range Bound product means an increased risk of potentially losing part of your subscription amount. The APR is an estimated value of the rewards you can earn from cryptocurrencies during the specified time frame. Before entering into any transaction with Range Bound, you should ensure that you independently evaluate the suitability of the transaction in light of your objectives and circumstances, including the potential risks and rewards. Use your own independent advisors when needed. This information should not be taken as financial advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our terms of use and risk warning.
