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New Range Bound Products Launched (2023-05-02)

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This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

Binance is launching a new batch of Range Bound products with updated Price Ranges and Settlement Dates, which users may utilize to potentially earn higher rewards in times of low market volatility.

Earn Rewards with Range Bound!

Range Bound is a product that allows users to earn rewards when the Reference Price of their chosen digital asset stays within the selected Price Range during the entire Subscription Period.

Users are able to select the Price Range and Settlement Date that most suit their needs from the wide variety of options available. They may also decide the portion of their Subscription Amount to 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 Subscription Amount at Risk, the higher the Potential APR goes.

Range Bound Underlying Assets

Deposit Currency

Subscription Amount at Risk

Settlement Dates

BTC

BTC or USDT

0%* – 5%

2023-05-09

2023-05-26

ETH

ETH or USDT

BNB

BNB or USDT

* Note: Products with a “Beginner” label have a 0% “Subscription Amount at Risk” option available.

How to Get Started with Range Bound:

More information about Range Bound, including a glossary and detailed calculation methodology, can be found here.

Notes:

Binance Team

2023-05-02

Trade on-the-go with Binance’s crypto trading app (iOS/Android)

Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Risk Warning: Digital asset prices can be volatile. You may not get back the full amount invested as a portion of your subscription amount is at risk. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Long-term holding of the Range Bound product means you may increase the likelihood of you losing a portion of your subscription amount. APR is an estimate of rewards you will earn in cryptocurrency over the selected timeframe. Before entering into a Range Bound transaction, you should make an independent assessment of the suitability and appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment 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.

   

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