Binance has just recently introduced a new batch of Range Bound Products, which offer users a wide variety of options with regard to price ranges, settlement dates, and potentially higher rewards in times of low market volatility. The range-bound products are designed for users to gain rewards by having the price of the underlying digital asset remain within the selected price range over the subscription period.

To get started, users just need to access the Binance Range-Bound page and select a product from the options of BTC, ETH or BNB. Afterwards, they may choose from options suitable to their desired price range, potential APR and settlement date. They may then enter the amount they would like to subscribe, choosing to subscribe with USDT or the selected digital asset. Additionally, they have to select the potential APR they wish to gain by the end of the subscription period and read and agree to the Binance Range Bond Service Agreement. Note that there is a ‘Beginner’ label on products that offer a 0% subscription amount at risk option.

Once the agreement is approved, users will be ready to begin their subscription and have the chance to potentially make higher rewards in times of low market volatility.

Range-Bound products presented by Binance offer a great way for users to potentially make higher returns, however, the key to success is for users to pay close attention to the movement of the underlying asset. Thus, it is crucial to make sure to thoroughly understand the terms and conditions of each product before investing and proceed with caution.



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