Structured products are innovative financial tools designed to generate returns from the derivatives market. Among these, the Shark Fin product stands out as a popular choice for traders looking to capitalize on market movements while managing risk. This guide provides a step-by-step overview of how to subscribe to and use the Shark Fin product effectively.
What is the Shark Fin Structured Product?
The Shark Fin is a type of structured financial product that allows users to earn yields based on the price stability or movement of underlying assets like BTC, ETH, or BETH. It offers two distinct strategies: bullish (upward trend) or bearish (downward trend), enabling you to align your investment with market expectations.
Key features of Shark Fin products include:
- Fixed investment periods: 3-day and 7-day subscription windows.
- Non-redeemable before the expiration date.
- Returns depend on whether the asset price remains within a predefined range.
These products are ideal for those who have a clear view on short-term market trends and wish to optimize their earnings potential.
How to Subscribe to Shark Fin
You can subscribe to Shark Fin products exclusively using your main trading account. Below, you’ll find instructions for both the mobile app and the web platform.
Using the Mobile App
- Open the OKX app and navigate to the Grow section. From there, select Structured Products.
- Choose Shark Fin and review the available options. You can select a strategy (bullish or bearish) and an asset (BTC, ETH, or BETH) during the subscription period.
- Enter the amount of cryptocurrency you wish to invest. The available quota will adjust based on your entry. Tap Subscribe to complete your order.
👉 Explore structured investment opportunities
Using the Web Platform
- Visit the OKX website and go to the Grow menu. Under Earn Products, select Structured Products, then choose Shark Fin.
- Click Subscribe and pick your preferred strategy and asset.
- Input the amount you want to invest. Select Subscribe to confirm.
Please note that subscriptions are only available during specific weekly windows:
- The 3-day Shark Fin opens every Monday at 12:05 UTC until Tuesday at 11:55 UTC.
- The 7-day Shark Fin opens every Thursday at 12:05 UTC until Friday at 11:55 UTC.
Benefits of Structured Products
Structured products provide a balanced approach to earning yields in the crypto market. They are especially useful in volatile conditions, offering opportunities for returns while defining risk levels in advance.
Some advantages include:
- Flexibility to match personal market outlooks.
- Higher potential returns compared to standard savings products.
- Access to professional derivative strategies without complex manual setup.
👉 Learn more about earning strategies
Besides Shark Fin, other common structured products include:
- Capital-protected products: Earn USDT yields with principal protection.
- Dual Investment Lite: Enjoy simplified yield enhancement with flexible target prices and lower risk.
Frequently Asked Questions
What happens if the market is highly volatile during the Shark Fin term?
Your returns depend on whether the asset’s price stays within a specific range. High volatility might result in lower yields if the price moves outside the predetermined boundaries.
Can I withdraw my funds before the product expires?
No, Shark Fin products are non-redeemable before the expiration date. Ensure you are comfortable committing funds for the entire subscription period.
Which currencies are supported for Shark Fin subscriptions?
Currently, Shark Fin supports BTC, ETH, and BETH. Always check the latest updates on the platform for new additions.
How are returns calculated?
Returns are based on the performance of the underlying asset relative to the predefined price range. Specific details are available at the time of subscription.
Is there a minimum investment amount?
Yes, the minimum subscription amount varies based on the asset and available quota. The interface will show the minimum during the subscription process.
Are structured products suitable for beginners?
While structured products offer structured risk and return profiles, they require a basic understanding of market trends. New users should start with small amounts and research thoroughly.