Dear users:
OceanEx CryptoFarm is now fully upgraded and Shark Fin structured product has been launched.
In traditional finance, shark fin structured products have existed for a long time and have been widely used in various underlying assets. OceanEx shark fin structured products follows the basic logic of traditional shark fin structured products and uses cryptocurrency instead as the underlying assets. It provides users of long-term value investment with one more choice and meanwhile gains higher expected annualized return than other financial products, which is no doubt more attractive.
Shark Fin product - Shark BTC 6-Day 8/20
Product Venue: https://oceanex.pro/en/shark-finning-finance-product/51
Subscription Period: 16:00, Aug. 20th to 22:00, Aug. 22nd, 2020 (UTC+8)
Lock-up Period: 00:00, Aug. 22nd to 00:00, Aug. 28th, 2020 (UTC+8) (6 days)
Latest Return Settlement Date：18:00, Aug. 29th, 2020 (UTC+8)
Total Lock-up Amount: 30 BTC
Min. Lock-up Amount Per User: 0.001 BTC
Max. lock-up amount per user depends on your OCE Club Membership Level when you
subscribe for the product, details are listed below:
Expected annualized returns：
Case 1: 3%
If the price of BTC has been less than (or equal to) $11000 or greater than ( or equal to) $13000
during the lock-up period, the investor will obtain the expected annual return of 3%
Case 2: 20.5%~23.5%
If the price of BTC has always been in the range of $11000 ~ $13000 during the lock-up period, the investor will obtain the expected annual return of 20.5%~23.5% based on the BTC price.
Note:
- Subscription can't be terminated in advance once you subscribe for the product.
- In order to maximize the benefits of users, if the market fluctuates sharply before the value date, we will adjust the hook range of OceanEx shark fin products to the best range according to the situation, please feel free to purchase the product.
- Observed Price: BTC / USD index price at Deribit exchange
- Gains will be calculated from the start date of lock-up period. Initial assets and gains will be transferred within 3 working days to users’ accounts after the end of lock-up period.
- During the promotion period, there are no fees applied to this product.
- OceanEx reserves the right of final explanation.
- Please refer to CryptoFarm Subscription Guide to help you better understand how to participate in CryptoFarm products clearly.
Thanks for your support! Looking forward to your participation!
Risk Warning: OceanEx provides a digital asset exchange platform. Cryptocurrency investment is subject to high risks and please be cautious about investing in the market.
OceanEx Team
Aug/20th/2020
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