There are so many Earn products out there own binance such as auto invest , Dual investment , Range bound token etc. And all of these provide a numerous Benifits and we in this article are going to talk about one such product I.e Binance range bound product.

What is it ?

Range bound products helps user to Earn potentially higher rewards in sideways market .

How ?

All you have to do is Choose a crypto from the subscription page and select a range that it you think it would stay within ( With prefferable settlement date and Apr )

Now there are two scenarios :-

1. If the price stays in your selected range till the date of settlement you would get (crypto or usdt invested + Apr ) on the settlement date.

2. If the price crosses the range selected by you within the settlement period you would get ( Invested amount - The Amount at risk ) On settlement date.

Ex:- Suppose you choose Btc range from 29500-30500 and select Apr of 500% and invest 100$ with the amount at risk being 5% and settlement date of 3days.

Now If btc doesn’t crosses the range within 3 days you would get 100$ + Apr ( of 3 days )

But if btc crosses the range within 3 days would get 95$ ( 100$ - 5% of 100$ )

Benfits:-

Attractive rewards compared to other cryptocurrency products.

Zero fees involved upon subscription

Chance to increase the return on your tokens with relatively short-term subscription period

Wide selection of tokens and Price Ranges available

Who is the for :-

HODLers, high-net-worth individuals who want higher rewards than saving or staking Users who want to earn higher rewards on USDT, BUSD or other assets

Users with the market view that the underlying asset would be trading sideways

Users with good Analytical skill who want Good apr in lesser times on prime coins can use this product.

My personal experience with this product has been superb till date .With three straight wins till date in this subscription and i have got over 30% accumulate profit just in matter of 2 weeks without Much worry. I once selected Range for btc within 29-31k and got good apr because the Range stayed there only.

How can you use it ?

1. Go to binance and select the range bound option

2. Now if you are a first time user read the instructions and complete the Quiz

3. Select The product ( Crypto ) you want to invest in.

4. Now select the range ( which also includes Details of Apr , settlement date )

5. Now select the amount you want to invest . You can invest from both The coin or a stablecoin .

6. Now choose the potential Apr( Increase in potential Apr means increase in Amount at risk )

7. Now read the terms and conditions and check the I have read Terms and conditions box and you are set.

Based on the conclusion you would get The amount on settlement date.

Any question you can ask us in comment box

(Sponsored )

#RangeBound #Binance