In this article, I will give you an in-depth of ways in which you can make up to 800% in Binance within few days Using Binance Range Bound.

This is an amazing innovation from Binance, I used it to make 500% APR within 3Days and I want to share with you. So, you can even make up to 800% APR !!

Do you belong to one of these categories of Binance users mentioned below, then this product is for you: Binance Earn Launches Range Bound!

1. Users who want to earn higher rewards on USDT, BUSD or other assets

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

3 . HODLers, high-net-worth individuals who want higher rewards than saving or staking

INTRODUCTION:

RANGE BOUND EXPLAINED

As a product that rewards users for making the correct prediction of a certain asset's price movement during a certain period, Binance Range Bound aims to predict when the reference price of the chosen digital asset stays within the pre-determined price range during the entire subscription period.

Range Bound allows users to earn rewards when the Reference Price of their chosen digital asset stays within the selected Price Range during the entire Subscription PeriodUsers are able to select the Price Range and Settlement Date that most suit their needs from the wide variety of options available.

BENEFITS OF RANGE BOUND

1. Earn higher rewards for your fund: Attractive rewards compared to other cryptocurrency products

2.  Principal Protected Beginner's Option are available.

3. No  fees involved upon subscription

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

5.  Wide selection of tokens and Price Ranges available

THERE ARE TWO  SCENARIOS THAT CAN HAPPEN IN RANGE BOUND

SCENARIO 1

The asset price can stay within the selected Price Range

When the Reference Price of the chosen digital asset is maintained within the Price Range during the entire Subscription Period. You will receive the initial deposit amount plus the rewards based on the Potential APR on the Settlement Date in the respective digital asset deposited during the subscription.

SCENARIO 2

The Reference Price of the chosen digital asset can be equal to or exceeds the Upper/Lower Price RangeYou have deposited either BTC or USDT, and the Reference Price of the chosen digital asset (BTC) touches and/or exceeds the Price Range at any point during the Subscription Period. You will receive the initial deposit amount and will not be entitled to any rewards.

BEGINNER'S LABEL

When a certain price range has a" Beginner " label, it means that the user can choose an APR option with 0% subscription amount at risk. This means, as a beginner, you won't loose any fund at all even if the higher or lower price ranges are touched during subscription period. This an amazing opportunity to start betting without fear of loss!

RISKS ASSOCIATED WITH RANGE BOUND

1. Subscribed assets are locked, and you won’t be able to cancel or redeem them before the Settlement Date.

2. Users may receive an amount less than what they initially deposited(EXCEPT FOR THOSE MARKED BEGINNER)

This means you may receive less than the initial deposit amount if the Reference Price of the chosen digital asset goes out of the predetermined price range.

NB:

a) In general, the higher the APR, the higher the risk

b) The higher the Subscription Amount at Risk, the higher the Potential APR

HOW TO GET STARTED

To Get started with Range Bound:

In Binance app, simply go to "Earn" and locate Range Bound the follow the same steps as shown in desktop screenshots below.

But, In desktop copy this link to your browser or also go to Earn>Range Bound

https://www.binance.com/en/rangebound?_dp=L3dlYnZpZXcvd2Vidmlldz90eXBlPWRlZmF1bHQmbmVlZExvZ2luPWZhbHNlJnVybD1hSFIwY0hNNkx5OTNkM2N1WW1sdVlXNWpaUzVqYjIwdlpXNHZjbUZ1WjJWaWIzVnVaQQ==

Then, follow all the procedures as shown in the screenshots below

Then answer some quiz to ensure you understand this product

Choose the range Bound products you want to subscribe to

Ex: BTC, BNB, ETH, and so on

NB: you should have the product in your spot wallet

Then choose the range and durationnof your subscription. Enter the subscription amount of your choice in the orange box and accept the terms and conditions, then tap confirm.

It is advisable to choose the product with a beginners label if you just started to avoid loosing at all.

Note that, at the end of your chosen duration, your earnings will be sent back to your spot wallet alongside your available subscription amount.

CLOSING THOUGHTS

Range-bound trading can be a viable strategy for experienced traders who are aware of their risk tolerance and have a solid understanding of technical analysis. Given the volatile nature of crypto markets in general, building a sound range-bound trading strategy requires effort, discipline, and vigilance. If you're considering trading on a sideways market, you can use the examples listed in this article as a starting point. As always, traders should do their due diligence before investing in any financial opportunity.

If you need further assistance, drop it in the comment section , I will be glad to help out to my capacity.

Always DYOR

#Binanceturns6 #Crypto_Angel

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