Binance is offering users the opportunity to potentially increase their rewards with the launch of a range of new range bound products with updated price parameters and settlement dates. This is a secure and convenient way for users to earn higher rewards during periods of low market volatility.

Subscription rules are first-come, first-serve and users can select the price range and settlement date that best suits their needs. There is also the option to decide on the subscription amount at risk (generally 0-5%) that is forfeited if the reference price breaches the upper or lower range of the selected price range during the subscription period.

In order to get started with range bound, users must first visit the range bound page and choose the product they wish to subscribe to. Following this, they will select an appropriate option which fits their desired potential APR, price range and settlement date. After entering their desired subscription amount, users then select their potential APR, agree to the Binance range bound service agreement and click ‘confirm’ to complete the transaction.

It is important for users to remember that range bound may stop accepting new subscriptions at any time and that the APR for a subscription is locked once the subscription is completed. Furthermore, the amount at risk should not be underestimated as the higher the APR, the greater the subscription amount at risk.

Finally, users should ensure they take the necessary precautions with regard to responsible trading and consulting their own advisers when making decisions about their investments.



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