HTX Earn Introduces 3-Day Term For Shark Fin Products, Complementing Existing 7-Day Offerings: How To Choose?
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| Launch Time of Previous Shark Fin Products | Max. Subscription Quota (USDT) | Max. Subscription Limit Per User (USDT) | Basic APY |
| Phase 1 | September 14 | 500 million | 100,000 | 8% |
| Phase 2 | September 21 | 500 million | 100,000 | 8% |
| Phase 3 | September 28 | 15 million | 100,000 | 8% |
| Phase 4 | October 5 | 25 million | 100,000 | 8% |
| Phase 5 | October 12 | 30 million | 100,000 | 8% |
| Phase 6 | October 19 | 50 million | 100,000 | 8% |
| Phase 7 | October 26 | 60 million | 100,000 | 8% |
| Phase 8 | November 2 | 70 million | 200,000 | 6% |
| Phase 9 | November 9 | 80 million | 200,000 | 6% |
| Phase 10 | November 16 | 90 million | 1 million | 6% |
| Phase 11 | November 23 | 100 million | 1 million | 6% |
| Phase 12 | November 30 | 100 million | 1 million | 6% |
*Source: HTX exchange
The table highlights the continuous increase in the subscription quota and individual subscription limits of HTX Shark Fin products, with 100 million USDT and 1 million USDT, respectively, in the latest phase, respectively. Additionally, the basic APYs of the products have remained between 6%-8%. Each phase of the products has reportedly experienced rapid and full subscription shortly after opening, indicating high user acceptance and participation.
HTX's 3-day Shark Fin: Higher APYs, Faster Settlements, Earlier Earnings
According to an official announcement from HTX, the Shark Fin products with a 3-day term will debut soon, available for subscription starting December 11, 2023, at 12:00 (UTC). These shorter-term products facilitate more flexible investments and offer four investment options: bullish BTC, bearish BTC, bullish ETH, and bearish ETH. The upcoming subscription cycle for these 3-day products features a total subscription quota of 30 million USDT and an individual subscription limit of 1-200k USDT. Additionally, HTX offers bonuses for these products, with APYs ranging from 10% to 30%, lasting for an entire month. (Note: The actual APY may vary due to market fluctuations; specific yields will be based on the actual returns generated by the products.)
The key difference between HTX 7-day and 3-day Shark Fin products lies in the asset lockup period.
You may choose between these two types of products based on your research and analysis of market trends. If you have a more confident outlook on longer-term market trends, the 7-day products may be more suitable, as they reduce the need for frequent investment operations. However, if the market experiences significant swings and shows profitable short-term market trends, the 3-day products can offer greater flexibility. Please note both types of Shark Fin products offer basic returns.
It is worth mentioning that HTX will introduce a new "Auto-Renewal" feature for Shark Fin products by the end of this year. This feature allows for automatic subscription to the same product using your principal from the previous cycle, eliminating the need for repetitive manual operations in each phase.
Shark Fin generates its basic returns from various assets on the platform, such as loans and margins, while extra returns come from options, providing investors with the opportunity to enjoy higher APYs. HTX Earn manages these assets with strict risk control models at different levels to ensure asset safety and stable returns. In appreciation for users' long-term support, HTX Earn also offers additional bonuses for Shark Fin.
HTX's 3-day Shark Fin opens for subscriptions from every Monday at 12:00 (UTC) to every Tuesday at 12:00 (UTC), while the 7-day Shark Fin, from every Thursday at 12:00 (UTC) to every Friday at 12:00 (UTC). To make subscriptions for these amazing products, you can visit HTX's official website and select Shark Fin on the Earn page, or go to the HTX app and find HTX Earn for Shark Fin products. For a complete guide, please locate the Bulletin Board on the homepage > HTX Earn > User Guides.
HTX Earn serves as a dependable instrument for the management of virtual assets, presenting a range of products that align with users' requirements. It guarantees the utmost security of assets, thanks to the exchange's robust risk management system. HTX Earn is purpose-built to deliver top-tier assets for daily passive income, coupled with a user-friendly interface that ensures a seamless and convenient wealth management experience.
About HTX
Founded in 2013, HTX has evolved from a crypto exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investment, incubation and other areas. HTX serves millions of users worldwide, with a business presence covering over 160 countries and regions across five continents. Its three development strategies - "global development, technology drives development, and technology for good" underpin its commitment to providing comprehensive services and values to global cryptocurrency enthusiasts.
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