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Learn everything about Shark Fin
Published on: 2024/05/29 07:25Last Update: 2025/01/01 15:32

Overview

Shark Fin is a low-risk structured product that offers a great opportunity to earn USDT without putting your principal at risk. At maturity, if the price falls within your expected range, you will enjoy a higher annualized return. If the price does not fall within your expected range, you will still receive the basic annualized return.

 

Features

  • Principal Protected

Your principal amount is protected and you are guaranteed a basic reward for your position irrespective of the market movement. Subscribe and earn in USDT. 

  • Improved financial management

With a fixed period and a guaranteed APR, users can be certain of receiving a minimum reward.

  • Discover opportunities in both bullish and bearish markets

It allows users to take both bullish and bearish views on BTC and ETH simultaneously.

 

Target Users

  • Novice users of structured products
  • Investors with low risk appetite and stable investors
  • Diversified investors

 

How to Subscribe

Web: Login to coinw.com > Top Navigation Bar > Finance > CoinW Earn > Structured Products

App: Login to CoinW App > CoinW Earn > Structured (Please update to the latest version of the App.)

 

About Returns

Take the bullish shark fin as an example.

Assume that Tom purchased the BTC bullish shark fin product, as follows:

Subscription amount: 1,000 USDT

APR: 1% - 18%

Term: 7 Days

BTC price range: $18,000 - $21,000

Note: This example is presented for illustration purposes only and does not represent the future APR.

图像

Examples of scenario

Scenario 1: Below the range Expiration price = $17,000 < $18,000 , APR = 1%

Subscription amount x APR x 7 / 365 = Earnings

Example: subscribed amount x (1 + APR x [7/365]) = 0.192 USDT (Earnings)

Scenario 2: Within the range Expiration price = $19,500, within $18,000 - $21,000 , APR = 4% + (19,500 - 18,000) / (21,000 - 18,000) x (18% - 4%) = 11%

Subscribed amount x APR x 7/365 = Earnings

Example: 1,000 x 11% x 7/365 = 2.110 USDT (Earnings)

Scenario 3: Above the range Expiration price = $24,000 > $21,000 , APR = 1

Subscribed amount x APR x 7/365 = Earnings

Example: 1,000 x 1% x 7/365 = 0.192 USDT (Earnings)

Bearish shark fin work on the same way as bullish shark fin.

 

Shark Fin VS Fixed product

 

Fixed product

Shark Fin

Variants

USDT-7 days Fixed Term

Bullish/Bearish BTC, Bullish/Bearish ETH

Term

7 days

7 days

Reference APR

4.20%

7%-12% APR w/ CoinW's bonus

Investment/Settlement

USDT

USDT

Risk Profile

Low

Low

Features

Higher yield compared to flexible products. Early redemption not available.

Even higher yield w/ bullish & bearish variants. Early redemption not available after subscription closes.

Recommended for

Most investors, including novice and those who seek steady yields.

Most investors. Ideal as your first structured investment product.

 

Disclaimer

This communication is provided for informational purposes only. It is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. Estimated APR rates are not guaranteed and may change without notice. Your assets in Earn are not covered by insurance against potential losses, nor are they subject to FDIC or SIPC protections. Historical returns are not indicative of future returns. CoinW does not guarantee the repayment of principal or interest. CoinW does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.

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Popular Articles
Learn everything about Shark Fin
Published on: 2024/05/29 07:25Last Update: 2025/01/01 15:32

Overview

Shark Fin is a low-risk structured product that offers a great opportunity to earn USDT without putting your principal at risk. At maturity, if the price falls within your expected range, you will enjoy a higher annualized return. If the price does not fall within your expected range, you will still receive the basic annualized return.

 

Features

  • Principal Protected

Your principal amount is protected and you are guaranteed a basic reward for your position irrespective of the market movement. Subscribe and earn in USDT. 

  • Improved financial management

With a fixed period and a guaranteed APR, users can be certain of receiving a minimum reward.

  • Discover opportunities in both bullish and bearish markets

It allows users to take both bullish and bearish views on BTC and ETH simultaneously.

 

Target Users

  • Novice users of structured products
  • Investors with low risk appetite and stable investors
  • Diversified investors

 

How to Subscribe

Web: Login to coinw.com > Top Navigation Bar > Finance > CoinW Earn > Structured Products

App: Login to CoinW App > CoinW Earn > Structured (Please update to the latest version of the App.)

 

About Returns

Take the bullish shark fin as an example.

Assume that Tom purchased the BTC bullish shark fin product, as follows:

Subscription amount: 1,000 USDT

APR: 1% - 18%

Term: 7 Days

BTC price range: $18,000 - $21,000

Note: This example is presented for illustration purposes only and does not represent the future APR.

图像

Examples of scenario

Scenario 1: Below the range Expiration price = $17,000 < $18,000 , APR = 1%

Subscription amount x APR x 7 / 365 = Earnings

Example: subscribed amount x (1 + APR x [7/365]) = 0.192 USDT (Earnings)

Scenario 2: Within the range Expiration price = $19,500, within $18,000 - $21,000 , APR = 4% + (19,500 - 18,000) / (21,000 - 18,000) x (18% - 4%) = 11%

Subscribed amount x APR x 7/365 = Earnings

Example: 1,000 x 11% x 7/365 = 2.110 USDT (Earnings)

Scenario 3: Above the range Expiration price = $24,000 > $21,000 , APR = 1

Subscribed amount x APR x 7/365 = Earnings

Example: 1,000 x 1% x 7/365 = 0.192 USDT (Earnings)

Bearish shark fin work on the same way as bullish shark fin.

 

Shark Fin VS Fixed product

 

Fixed product

Shark Fin

Variants

USDT-7 days Fixed Term

Bullish/Bearish BTC, Bullish/Bearish ETH

Term

7 days

7 days

Reference APR

4.20%

7%-12% APR w/ CoinW's bonus

Investment/Settlement

USDT

USDT

Risk Profile

Low

Low

Features

Higher yield compared to flexible products. Early redemption not available.

Even higher yield w/ bullish & bearish variants. Early redemption not available after subscription closes.

Recommended for

Most investors, including novice and those who seek steady yields.

Most investors. Ideal as your first structured investment product.

 

Disclaimer

This communication is provided for informational purposes only. It is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. Estimated APR rates are not guaranteed and may change without notice. Your assets in Earn are not covered by insurance against potential losses, nor are they subject to FDIC or SIPC protections. Historical returns are not indicative of future returns. CoinW does not guarantee the repayment of principal or interest. CoinW does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.

Was this article helpful?
0 out of 0 found this helpful
Limited-Time New User Offer!
Sign up now to claim your exclusive 12000 USDT gift pack!
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