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New Range Bound Products Launched (2023-07-04)

source-logo  binance.com 04 July 2023 04:52, UTC

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

Fellow Binancians,

Binance has launched 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.

  • Subscription format: First-come, first-served basis

  • 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 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, USDT or BUSD

0%* - 5%

2023-07-10

2023-07-12

2023-07-17

ETH

ETH, USDT or BUSD

BNB

BNB, USDT or BUSD

ATOM

ATOM or USDT

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

How to Get Started with Range Bound:

  • Go to the Range Bound page.

  • Choose the Range Bound product you would like to subscribe to (i.e., BTC, ETH, BNB or ATOM).

  • Select an option that fits your preferred Price Range, Potential APR, and Settlement Date.

  • Enter the amount you would like to subscribe. You can subscribe using USDT, BUSD or the selected digital asset, where applicable.

  • 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 Service Agreement and check the confirmation box. Click [Confirm] to complete your subscription.

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