Flash News: OKX Introduces Increased APR of Up to 15% for Shark Fin Structured Product
NASSAU, The Bahamas, Nov. 02, 2023 (GLOBE NEWSWIRE) — OKX, a leading crypto exchange by trading volume and Web3 technology company, has issued updates for November 2, 2023.
OKX Introduces Increased APR of Up to 15% for Shark Fin Structured Product
OKX today announced that it has increased the Annual Percentage Rate (APR) for its Shark Fin offering. With this enhancement, the minimum APR for the upcoming seven-day Shark Fin listings* will be raised to 6%, while the maximum APR will be increased to 15%.
Shark Fin is a principally-protected structured product that allows users to earn USDT regardless of which way the market moves. OKX also recently introduced a new three-day term option for Shark Fin.
*Note: The subscription window for OKX’s upcoming seven-day Shark Fin listings begins on November 2 at 12:00 (UTC) and ends on November 3 at 12:00 (UTC).
Find out more about OKX Shark Fin here, or visit OKX’s Support Center.
For further information, please contact:
[email protected]
About OKX
OKX is a leading global crypto exchange and innovative Web3 company. Trusted by more than 50 million global users, OKX is known for being the fastest and most reliable crypto trading app for traders everywhere.
As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.
The OKX Wallet is the platform’s latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.
OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.
To learn more about OKX, download our app or visit: okx.com
This announcement is provided for informational purposes only. It is not intended to provide any investment, tax, or legal advice, nor should it be considered an offer to purchase, sell, or hold digital assets. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless. 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.
