Shark Fin: Enhance Yields With Principal-Guaranteed Investments

[Estimated Reading Time: 3 mins]

Shark Fin is an innovative principal-guaranteed investment product that combines fixed income products and financial derivatives to offer stable returns. It is designed for risk-averse investors who seek steady earnings without exposure to major market losses.

What Is Shark Fin?

Shark Fin is a structured wealth product that allows users to earn stable returns while benefiting from market fluctuations. With a guaranteed minimum APR of 6%, users can secure earnings even in volatile conditions. If the asset price remains within a set range, APY can exceed 9%, offering higher potential returns compared to standard fixed-income products.

Key Features

• Principal protection – Your initial investment is fully secured, regardless of market conditions.

• Guaranteed APR of 6% – Industry-leading guaranteed APR of 6%.

• High variable APR – Earn up to 9%+ APR if the asset price stays within the predefined range.

• Simple and user-friendly – Designed for long-term holders looking for steady, low-risk income.

• Auto-renewal option – Easily reinvest your earnings for continued growth.

How to Subscribe to Shark Fin on Bitget

Step 1: Access Shark Fin

• On the web: Click Earn in the top navigation bar, then select Shark Fin.

• On the app: Tap the user icon in the top-left corner, go to Earn, then select Shark Fin.

Step 2: Choose a Product

1. Browse available Shark Fin products.

2. Review key details, including APR range, investment duration, and price range.

3. Click Subscribe to proceed.

Step 3: Confirm Your Investment

1. Enter the amount you want to invest.

2. Review the estimated returns and terms.

3. Confirm the subscription. Your funds will be locked for the duration of the product.

Step 4: Track and Receive Earnings

1. Go to My Earnings to monitor your investment progress.

2. Once the product matures, your principal and returns will be credited to your spot account automatically.

How Does Shark Fin Work?

1. Subscription Period – Users deposit funds into a Shark Fin product before the subscription deadline.

2. Earning Phase – The product tracks the market price of a specified asset (e.g., BTC or ETH) within a predetermined range.

3. Profit Calculation:

• If the observed price always stays within the price range, the return is calculated as: APR = Min APR + (Settlement Price – Lower Range Price) ÷ (Upper Range Price – Lower Range Price) × (Max APR – Min APR)

• If the observed price moves outside the price range, the product settles at the base APR of 6%.

4. Settlement – Once the product matures, the principal and interest are automatically credited to the spot account.

FAQs

1. What is Bitget Shark Fin?

Shark Fin is an innovative capital-guaranteed structured wealth product that combines fixed income products and financial derivatives. The investment method is simple and suited for risk-averse investors who prefer stability.

2. Why Bitget Shark Fin?

Shark Fin helps users earn stable income within their risk appetite.

3. Can I withdraw my funds early?

No, once subscribed, funds remain locked until the product matures. The principal and returns will be automatically credited to your spot account after settlement.

4. Is the Shark Fin product safe?

Shark Fin is a capital-guaranteed structured product. The product is simple to use and provides considerable yields. However, in the case of severe market fluctuations, there may be slippage, which may lead to a decline in the final return.

5. What is the APR range for Shark Fin products?

The APR range for Shark Fin products refers to the range of profits that users can expect to receive. It is updated hourly based on market prices but becomes fixed once interest accrual starts. Users can refer to the APR range during the interest accrual period to estimate the product's profit range.