Gate.io 54th BTC SharkFin Product was Sold Out in 58 Seconds, Price Ranging From $39,500 to $43,300

Gate.io “Weekly BTC Sharkfin Product #54” started at 10:00 am UTC on Feb 5th and was sold out in 58 seconds. The settlement time is this Saturday, with a maximum return up to 16% APR.

How does the Shark Fin BTC Weekly product bring you a return?
If at any time during the lifetime of the shark fin product, BTC price is equal to or below $39,500, or is equal to or above $43,300, the investor will get a minimum return （3%） on their principal at maturity.
If during the entire lifetime of the shark fin product, BTC price always stays within the per-specified range （$39,500-$43,300）, investors will get a return up to 16% APR. （The closer to the $43,300 level, the higher the return rate）.

Read more at: https://www.gate.io/article/25077

What’s BTC Sharkfin Product?
Gate.io Shark Fin is a capital-protected investment product. If the underlying asset price is within the per-specified price range (Minimum and Maximum price), the investor will get a higher annual yield. Otherwise, the investors will get a minimum return (about 3% APR).

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Gate.io Team
February 7