Dear BigONE users:
BigONE will list the "BTC Lending" 003 at 12:00:00 (UTC+8) on July 6, 2020. To provide users with diverse financial management options, details are as follows:
- Recruitment time: 12:00 on July 6, 2020-0:00 on July 7 (UTC+8).
- The annualized return rate is 3%-12.73%, the period is 10 days, and the total amount is 100 BTC.
- The pegged price is: 8250 USD-9750 USD.
- The pegged price is a benchmark price, which is used to compare the BTC price at the expiration of the product and the investment period. The comparison between the two will affect the final annualized rate of return.
- The USD price of this product will be comprehensively referred to the BTC/USD price of 7 head exchanges (Bitstamp Bittrex CoinbasePro Gemini Kraken itBit LMAXDigital).
The user purchased 1 BTC on July 10, 2020 fir 30-day investment ending at 0:00 on August 10, 2020, if the price of BTC once fell to 7500 USD, or rose more than 10500 USD (ie BTC ≤ 7500 USD or BTC ≥ 10500 USD), the user will eventually get 3% of the annualized income.
If within the 30-day investment period of the product, if the price of BTC is always in the range of 7500 USD to 10500 USD, and 7500 USD or 10500 USD has not been touched (ie 7500 USD <BTC <10500 USD), then the user will eventually Get an annualized return of 3% ~ 10%. The closer to 10,500 USD the higher the return, the closer to 7,500 USD the lower the return.
Note: Regardless of the BTC price, the user's income currency will be settled in BTC after the product expires, and at least 3% of the income is guaranteed, but the specific amount of income will depend on the comparison between the BTC price and the pegged price during the investment period.
- You are participating in a currency-guaranteed wealth management product with a fixed cycle and floating income. Please make a prudent decision on whether to invest in this product based on your own financial situation, investment objectives, risk tolerance, and whether you understand the nature and risks of the product.
- The minimum investment limit for this product is 0.1 BTC, and the investment amount must be an integer multiple of 0.1 BTC.
- The minimum period of wealth management products is 11 days and cannot be withdrawn halfway.
- The withdrawal period is 1 day and there is no income during the withdrawal period. After the expiration date, your principal and interest will be returned to your wealth management account within 24 hours.
Learn more: BigONE Officially Launches BTC Lending
Thanks for support and love.
July 6, 2020