Digging into the bull market, a detailed explanation of OKX's 7 major CeFi tools to flexibly respond to fluctuations

OKX
2024-10-29 11:10:06
Collection
How to choose the right tools under different market conditions?

Although October is not a fixed month for gains in the crypto market, some years have indeed shown outstanding market performance. For example, in October 2020, Bitcoin rose by about 28%, laying a solid foundation for the subsequent bull market. In October 2021, Bitcoin surged even more, reaching an all-time high of approximately $66,900 on the 20th. This October, Bitcoin has once again gained momentum, breaking through $70,000. Many analysts point out that the crypto market often performs well in the fourth quarter, which may be closely related to factors such as increased trading activity and heightened market sentiment at the end of the year.

With the momentum of Bitcoin's rise, meme coins and the "golden dog" narrative are thriving, with new narratives emerging from goats to geese; VC-backed projects are also making a strong comeback, with Worldcoin, Uniswap, ApeCoin, and others launching significant products one after another. Meanwhile, the continuous inflow of funds into Tether and Bitcoin ETFs has also provided more liquidity and volatility to the market, enhancing the overall vitality of the market… A series of positive market trends are paving the way for the arrival of a new market cycle.

However, regardless of which stage the market is in during a "Bitcoin bull market," it is crucial for users to understand how to respond to different market conditions. For instance, knowing which tools can achieve stable returns, which tools are suitable for all market conditions, which tools are better for short-term trading, which tools are suitable for on-chain activities, and which tools support redemption at any time, rather than predicting market trends based on intuition. To help users better understand and utilize these tools, this article will outline the top 10 CeFi products from OKX and their applicable market conditions, hoping users can respond more flexibly to the changing market environment and establish their own tool systems.

1. Strategy Products

OKX's trading strategy products are a set of tools that help users achieve automated and customized trading, suitable for different market conditions and trading needs. The core features are to reduce manual operations and improve trading efficiency, gradually becoming a favored trading mode among users. OKX offers dozens of strategy products, including grid trading, martingale, coin accumulation, bottom-fishing, arbitrage orders, iceberg orders, time-weighted orders, and more, making it one of the most mature platforms providing multiple strategies in the market, with low fees and easy operations. Next, we will briefly describe a few strategies.

1. Spot Grid: Buy low and sell high within a specific range, suitable for ranging and upward trending markets

Strategy Overview: The spot grid strategy is an automated trading tool that helps users profit from market fluctuations by executing "buy low and sell high" operations within a specific price range. Users only need to set the highest and lowest prices of the range and choose the number of grids. The strategy will divide the range into multiple small grids, automatically placing orders within each grid. As the market fluctuates, the strategy continuously buys and sells within the range to capture profits from price movements. OKX provides both manual and intelligent creation modes: users can set parameters themselves or use system-recommended intelligent grid strategy parameters to help quickly deploy strategies.

Applicable Scenarios: The core of the spot grid strategy is "buy low and sell high" to earn profits in ranging markets, making it particularly suitable for ranging or upward trending markets. In these market environments, the strategy can effectively capture every small fluctuation and accumulate profits. However, if the market shows a one-sided downward trend, the strategy may face the risk of losses due to continuous buying at lower prices, so caution is needed in downward markets.

Example: Suppose a user plans to use the BTC/USDT spot grid strategy on the OKX platform.

1) Market Judgment: The user believes that the price of Bitcoin will fluctuate between $25,000 and $30,000 in the near future. Since the market is in a ranging state, the user decides to adopt the spot grid strategy to buy low and sell high to profit from the fluctuations.

2) Parameter Settings:

  • Trading Pair: BTC / USDT
  • Price Range: Set the minimum buying price of Bitcoin at $25,000 and the maximum selling price at $30,000.
  • Number of Grids: The user divides the range into 10 small grids, with each grid width being (30,000 - 25,000) / 10 = 500 USDT. Thus, the system will set automatic buy and sell orders at every 500 USDT price interval.
  • Investment Amount: The user invests 2 BTC as the initial capital for the grid strategy. Part of the funds is used to buy BTC, and part is used to sell USDT.

3) Strategy Operation:

  • As the price of Bitcoin fluctuates between $25,000 and $30,000, the system will automatically buy BTC when the price falls below a certain level and sell BTC when the price rises above a certain level. For example, when the BTC price drops to $26,000, the system will automatically execute a buy order; when the price rebounds to $27,000, the system will automatically sell to realize the profit.

4) Operation Results:

  • If the price of Bitcoin continues to fluctuate within this range, the strategy will continuously buy low and sell high, allowing the user to profit from the fluctuations of each grid. For instance, if the strategy runs while the BTC price drops from $26,500 to $25,500 and then rebounds to $28,000, the system will buy low and sell high within different grids, capturing multiple small profits.

5) Extracting Profits or Adjustments:

  • Users can extract profits from grid arbitrage at any time during the strategy operation or manually stop or adjust the strategy based on market changes. If the market begins to show a one-sided downward trend, users may consider adjusting grid parameters or pausing the strategy to avoid losses.

Advantages Summary: The spot grid strategy can sensitively capture small fluctuations in the market, reducing manual intervention for users, allowing the system to automatically execute trading plans, and simultaneously supporting users to customize parameters and choose system-recommended intelligent grid configurations to meet the needs of different levels of users.

Usage Method: 1) After logging into OKX, go to the trading page 2) Select "Spot Grid" in the "Strategy Trading Mode" 3) Input the highest price, lowest price, and number of grids for the price range on the trading page, or choose intelligent parameter recommendations, then confirm the amount and create the grid strategy. The invested funds will be isolated from the trading account and used independently for this strategy. 4) After successfully creating the strategy, users can view and manage the running grid strategy in the strategy bar at the bottom of the trading page. Additionally, during the strategy operation, users can extract profits from grid arbitrage at any time or manually stop the strategy.

Direct Tool Access: https://www.okx.com/zh-hans/trade-spot-strategy/btc-usdt#ordtype=grid

2. Contract Grid: More suitable for large fluctuations in a bull market or pinning up and down, with higher flexibility and fault tolerance

Strategy Overview: The contract grid strategy is a trading strategy that automatically executes low buy and high sell (or high sell and low buy) operations within a specific price range, specifically designed for contract trading. Users only need to set the highest and lowest prices of the range and determine the number of grids. The strategy will automatically calculate the buy and sell prices for each grid and place orders automatically. When the market price fluctuates, the strategy will buy or sell according to the set price range, capturing profits from the fluctuations.

Applicable Scenarios: The core of the contract grid is arbitrage in ranging markets, making it particularly suitable for predicting ranging markets over a longer period. Based on this, the contract grid strategy can also be set according to the user's market inclination: long grids only perform long and flat operations, suitable for upward trending markets. Short grids only perform short and flat operations, suitable for downward trending markets. Neutral grid strategies perform short/flat operations above the price range and long/flat operations below, suitable for situations where the market direction cannot be clearly determined.

Example: Refer to the spot grid, no further elaboration.

However, it is worth noting that the contract grid allows users to use leverage, meaning they can gain more trading capacity with less capital. This means users can achieve larger profits from smaller price fluctuations, but they also face higher risks. Generally, the contract grid requires users to provide margin and faces liquidation risks (i.e., positions may be forcibly liquidated when prices fluctuate significantly), whereas the spot grid does not have this risk, as trading is entirely based on the user's assets and will not be forcibly liquidated due to market fluctuations.

Advantages Summary: This strategy executes automatically without the need for manual market monitoring. Compared to the spot grid, the contract grid can timely buy low and sell high in any market condition, whether rising, falling, or ranging. Users can choose suitable long or short operation strategies based on their judgment of market direction, making this strategy more suitable for large fluctuations in a bull market or pinning up and down, with overall higher flexibility and fault tolerance. The spot grid is more robust, suitable for users who do not wish to bear leverage risks.

Usage Method: 1) Open the OKX PC or APP, go to the "Trading" page 2) Select "Contract Grid" in the "Strategy Trading Mode" 3) On the trading page, input parameters such as the highest price, lowest price, and number of grids, or directly use the system-recommended intelligent parameters. After confirming the amount, click to create 4) After creating the grid strategy, the invested funds will be isolated from the trading account and used specifically for this strategy. 5) Users can view, manage, and extract profits generated by the grid strategy in the "Strategy" option at the bottom of the trading page, or stop the strategy at any time.

Direct Tool Access: https://www.okx.com/zh-hans/trade-swap-strategy#ordtype=contract_grid

3. Smart Arbitrage: More suitable for long-term positive funding rates and high liquidity trading pairs, low-risk earning of funding fees

Strategy Overview: The smart arbitrage strategy aims to obtain stable returns by hedging against market price fluctuations. The core principle is to use a delta-neutral strategy by holding opposite and equal positions in the spot and contract markets to hedge against price change risks. Users primarily achieve profits through the funding fees collected during the holding period (e.g., earnings under a positive funding rate). Once the strategy is running, it can steadily help users earn the funding fees paid by the contract longs to the shorts. This strategy is particularly suitable for bull markets. OKX's smart arbitrage strategy includes two modes: first, a custom mode where users can choose high annualized return strategies and set their own profit-taking points. Second, an intelligent mode where the system automatically recommends better strategies and intelligently performs profit-taking and loss-cutting operations, although this feature is not yet online.

Applicable Scenarios: The smart arbitrage strategy is particularly suitable for mainstream cryptocurrencies that have a positive funding rate over the long term. This is because, under the design mechanism of funding rates, many mainstream cryptocurrencies usually maintain a positive funding rate, meaning users can earn funding fee income over the long term by holding positions in these cryptocurrencies. In the custom mode, users should choose trading pairs with a long-term positive funding rate and high liquidity to reduce slippage costs and improve overall returns. Therefore, this strategy is suitable for users who wish to achieve stable returns in a highly volatile market, especially those who do not have the time or experience to manage strategies manually.

Example: Suppose a user plans to use the BTC smart arbitrage strategy on the OKX platform, simply inputting the amount to create and run the strategy.

However, regarding the strategy itself, taking BTC as an example, if a user uses 2,100 USDT for arbitrage when the spot price of BTC is 65,000 USDT, the system will perform the following operations:

1) Invest 2,000 USDT in the spot market to buy BTC (0.03077 BTC).

2) Invest 100 USDT to short the BTC/USDT perpetual contract (20x leverage).

Assuming the current funding rate is 0.01%, and the BTC price is 65,000 USDT:

3) Funding fees are collected every 8 hours, three times a day, yielding 2,000 * 0.01% USDT * 3 * 365 = 219 USDT annually.

4) The annualized return is 219 / 2100 = 10.43%.

Advantages Summary: Users can better utilize the smart arbitrage strategy to hedge against price risks while steadily earning funding fee income. However, it is important to note that while the smart arbitrage strategy has lower risks in the long run, there are still risks such as liquidation slippage, delta inconsistency, and forced liquidation of contract shorts.

Usage Method: 1) After logging into OKX, go to the trading page and select the strategy trading mode 2) Choose smart arbitrage in the strategy options. 3) Select the trading cryptocurrency and input the amount, then click to create the strategy 4) After successfully creating the strategy, users can view and manage the running grid strategy in the strategy bar at the bottom of the trading page. Additionally, during the strategy operation, users can stop the strategy at any time.

Direct Tool Access: https://www.okx.com/zh-hans/trade-swap-strategy#ordtype=smart_arbitrage

4. Bottom-Fishing and Top-Selling: No need to monitor the market constantly, suitable for users who want to sell high or buy low

Strategy Overview: Bottom-fishing is a strategy that guarantees the purchase of a certain proportion of cryptocurrencies at a discounted price upon expiration. When using the bottom-fishing strategy, users can choose from three system modes: high discount rate, short lock-in period, and high guarantee ratio, or a custom mode. Top-selling is a strategy that guarantees the sale of a certain proportion of cryptocurrencies at a high price upon expiration. When using the top-selling strategy, users can choose from three system modes: high premium rate, short lock-in period, and high guarantee ratio, or a custom mode. Both strategies are fee-free, but funds will be locked until the expiration date.

Applicable Scenarios: The top-selling strategy is suitable for users who expect the market to peak and wish to automatically sell at high prices to avoid asset losses. If the market price on the expiration date is < top-selling price, the user's cryptocurrency will be sold at the top-selling price, but only the guaranteed proportion will be sold, and the remaining funds will be returned to the user's account; if the market price on the expiration date >= top-selling price, the user's cryptocurrency will be sold at the top-selling price, with the quantity sold = order quantity. The bottom-fishing strategy is suitable for users who are optimistic about a market rebound and wish to automatically buy at low prices to achieve bottom-fishing arrangements. If the market price on the expiration date > bottom-fishing price, the user's cryptocurrency will be bought at the bottom-fishing price, but only the guaranteed proportion will be bought, and the remaining funds will be returned to the user's account; if the market price on the expiration date <= bottom-fishing price, the user's cryptocurrency will be bought at the bottom-fishing price, with the quantity bought = order quantity.

Example:

Top-selling case: Suppose the current price of BTC is $20,000, and a user chooses to trade a card with a top-selling price of $22,000, a guarantee ratio of 20%, and a term of 3 days; the user locks in the quantity to sell as 1 BTC. Then at the expiration delivery:

  • If the BTC price at expiration is $21,000, the user will transact at $22,000, with the quantity sold being 2 BTC, and the remaining locked funds will be returned to the user's account.
  • If the BTC price at expiration is $23,000, the user will transact at $22,000 for the full amount, with the quantity sold being 1 BTC.

Bottom-fishing case: Suppose the current price of BTC is $20,000, and a user chooses to trade a card with a bottom-fishing price of $19,000, a guarantee ratio of 20%, and a term of 3 days; the user locks in the quantity to buy as 1 BTC. Then at the expiration delivery:

  • If the BTC price at expiration is $21,000, the user will transact at $19,000, with the quantity bought being 2 BTC, and the remaining locked amount will be returned to the user's account.
  • If the BTC price at expiration is $18,000, the user will transact at $19,000 for the full amount, with the quantity bought being 1 BTC.

Advantages Summary: The advantages of the top-selling strategy: it helps users automatically sell cryptocurrencies when the market price reaches the set high point, locking in profits and preventing subsequent price pullbacks from causing asset shrinkage, thus avoiding the risk of price declines. Moreover, there is no need to constantly monitor the market, as the system will automatically execute the predetermined operations, optimizing fund management. The advantages of the bottom-fishing strategy: it helps users automatically buy cryptocurrencies at set low prices when the market is expected to bottom out and rebound. This helps users capture market lows and prevent missing good opportunities. Users do not need to monitor the market to seize opportunities, and they can accumulate more assets through the bottom-fishing strategy, seizing the chance of market rebounds effectively.

Usage Method: 1) After logging into OKX, go to the trading page 2) Then select the strategy trading mode - bottom-fishing or top-selling. 3) Then select the cryptocurrency, strategy mode, and amount to complete the setup.

Direct Tool Access:

Bottom-fishing: https://www.okx.com/zh-hans/trade-spot-strategy#ordtype=lvf_buy

Top-selling: https://www.okx.com/zh-hans/trade-spot-strategy#ordtype=lvf_sell

5. Coin Accumulation: Intelligent rebalancing to capture opportunities from hot rotations

Strategy Overview: The coin accumulation strategy is an automated strategy that performs intelligent dynamic rebalancing within a user-selected cryptocurrency portfolio. Dynamic rebalancing helps maintain a constant proportion of each cryptocurrency in the user's accumulation portfolio. Users can choose two rebalancing modes to trigger rebalancing, namely fixed time periods and changes in cryptocurrency market values, i.e., proportional balance and timed balance.

Applicable Scenarios: The market often experiences rotations between cryptocurrencies or sectors, where several cryptocurrencies rise and then start to pull back while others begin to rise. If one simply holds without action, they may miss out on most profits due to price pullbacks. However, if profits are realized in a timely manner while buying other potential cryptocurrencies during the rise of the first few cryptocurrencies, not only are profits locked in, but positions in potential cryptocurrencies are also increased. This cycle allows for additional returns from the portfolio.

Example:

Proportional Balance Case: Suppose a user chooses this mode

1) Set Parameters

  • Cryptocurrency Allocation: BTC | 50%; ETH | 30%; SOL | 20%
  • Balance Mode: Proportional Balance | 10%
  • Investment Amount: 10,000 USDT

2) Strategy Operation

  • Phase One - Exchange for Target Cryptocurrencies. The invested 10,000 is exchanged for BTC worth 5,000 USDT (market price 1,000, i.e., 5 BTC), ETH worth 3,000 USDT (market price 500, i.e., 6 ETH), and SOL worth 2,000 USDT (market price 100, i.e., 20 SOL).
  • Phase Two - Trigger Balance. Suppose the BTC market price rises to 1,500, while ETH and SOL prices remain unchanged. At this point, the market value ratio of each cryptocurrency is 60%:24%:16%, with BTC's proportion deviating by ≥ 10%, triggering a balance. The strategy will then sell 83,334 BTC and buy 1.5 ETH and 5 SOL through intelligent trading to restore the market value ratio to the target ratio. After this balancing, the holdings will be 4.16666 BTC (market value 6,250 USDT), 7.5 ETH (market value 3,750 USDT), and 25 SOL (market value 2,500 USDT).

Timed Balance Case: Suppose a user chooses this mode

1) Set Parameters

  • Cryptocurrency Allocation: BTC | 50%; ETH | 30%; SOL | 20%
  • Balance Mode: Timed Balance | 4 hours
  • Investment Amount: 10,000 USDT

2) Strategy Operation

  • Phase One - Exchange for Target Cryptocurrencies. The invested 10,000 is exchanged for BTC worth 5,000 USDT (market price 1,000, i.e., 5 BTC), ETH worth 3,000 USDT (market price 500, i.e., 6 ETH), and SOL worth 2,000 USDT (market price 100, i.e., 20 SOL).
  • Phase Two - Trigger Balance. Suppose after 4 hours, the BTC market price rises to 1,500 USDT, while ETH and SOL prices remain unchanged. At this point, the market value ratio of each cryptocurrency is 60%:24%:16%, with BTC's proportion deviating by ≥ 3%, triggering a balance. The strategy will then sell 83,334 BTC and buy 2.5 ETH and 5 SOL through intelligent trading to restore the market value ratio to the target ratio. After this balancing, the holdings will be 4.16666 BTC (market value 6,250 USDT), 7.5 ETH (market value 3,750 USDT), and 25 SOL (market value 2,500 USDT).

Advantages Summary: This strategy helps users avoid missing opportunities to earn cryptocurrencies due to fixed positions during hot rotations. The advantage of this strategy lies in its ability to leverage exchange rate fluctuations between different cryptocurrencies to earn and accumulate cryptocurrencies.

Usage Method: 1) After entering OKX's web or app, select "Strategy Trading Mode" and then choose Coin Accumulation. 2) Input parameters on the trading page, confirm the amount, and create Coin Accumulation. (The funds invested in Coin Accumulation will be isolated from the trading account and used independently in the strategy.) 3) After creation, users can view and manage the strategy in the "Strategy" section at the bottom of the trading page.

Direct Tool Access: https://www.okx.com/zh-hans/trade-spot-strategy#ordtype=smart_portfolio

2. Earning Products

Earning products are a one-stop service platform created by OKX to help users discover various opportunities for holding cryptocurrencies, including simple earning, structured products, and on-chain earning, providing users with a rich selection of products. Among them, 1) Simple earning is a product designed by OKX to help users with idle digital assets earn with low thresholds, easy to get started, and offering both flexible and fixed options. 2) Structured products include Dual Currency Win, Seagull, Shark Fin, Snowball, and Coin Accumulation Snowball, which are innovative financial tools for earning returns from the derivatives market. Users can choose products based on current market conditions and risk preferences, and all structured products on OKX currently do not charge fees. 3) OKX's on-chain earning offers selected staking and DeFi protocols to help users earn on-chain rewards.

6. Dual Currency Win: Suitable for users who are uncertain about market direction but wish to earn returns

Product Overview: Dual Currency Win is a non-principal-protected structured product created by OKX that helps users earn additional returns while buying or selling digital currencies at target prices. Currently, OKX has launched ETH/BTC coin-based Dual Currency Win, supporting BTC and ETH investments for subscription, achieving low buy and high sell. Compared to USDT coin-based Dual Currency Win, it offers a new way to earn returns, 0 fees for converting between the two major cryptocurrencies, continuous earnings, and no fear of missing out on market movements due to conversion to USDT, among other core highlights, helping users hold cryptocurrencies without worries.

Applicable Scenarios: This product is more suitable for ranging or sideways markets, where the market trend is relatively stable, and prices fluctuate within a certain range, but users are uncertain about the future price direction. In such cases, they can choose Dual Currency Win; as long as the price does not reach the preset trigger price at expiration, users can lock in returns regardless of whether the underlying asset's price rises or falls.

Example: Suppose a user plans to use the ETH/BTC coin-based Dual Currency Win on the OKX platform. The main advantage in a bull market is that they can earn returns without worrying about being "washed out" of their position.

1) Market Judgment:

The user believes that the ETH/BTC price may slightly decline in the short term and wishes to use the Dual Currency Win product to earn returns while increasing their BTC holdings, but they do not want to miss the opportunity to hold due to market fluctuations (i.e., they do not want to be "washed out").

2) Product Selection: The user chooses OKX's coin-based Dual Currency Win - high sell ETH/BTC

  • Current ETH Price: 0.3 BTC
  • Target Price: 0.2 BTC
  • Term: 1 day
  • Expected Return: Reference annualized 40%

3) Two Possible Outcomes:

  • Expiration Price ≥ 0.2 BTC: If the ETH/BTC price does not fall below 0.2 at expiration, the user's ETH will be sold at the target price (0.2 BTC), and they will receive the corresponding amount of BTC. At the same time, they can also obtain the expected annualized return.
  • Expiration Price < 0.2 BTC: If the ETH/BTC price falls below 0.2 at expiration, the user will retain their ETH holdings and simultaneously earn returns in ETH (reference annualized 21.40%).

4) Result Analysis: One advantage of this strategy is that regardless of how the ETH/BTC price fluctuates, users can steadily earn annualized returns through the Dual Currency Win product. In a bull market, users will not miss the opportunity to hold ETH because even if the ETH price does not reach the target price, they still retain their position. Furthermore, if the ETH price reaches or exceeds the target price, users will be able to sell ETH smoothly and gain more BTC in a bull market. During market expectations of declines or fluctuations, users can earn returns and flexibly respond to market fluctuations through this low-risk strategy without missing opportunities to increase their holdings due to large rises or falls.

Advantages Summary: OKX's Dual Currency Win supports users in exchanging between different popular cryptocurrencies without slippage. This means users will not be affected by market fluctuations during the exchange, ensuring price stability for cryptocurrency conversions while also earning annualized returns. Additionally, regardless of how the market fluctuates, as long as the expiration price reaches the user's set target price, OKX will ensure the agreed buy or sell of digital currencies, helping users lock in profits. Moreover, users can freely customize the Dual Currency Win product according to their needs, choosing different cryptocurrencies, terms, target prices, etc., allowing for a more personalized experience.

Usage Method: 1) After logging into OKX, go to the financial page 2) Then select structured products - Dual Currency Win 3) After confirming the cryptocurrency, term, target price, etc., input the subscription quantity to proceed.

Direct Tool Access: https://www.okx.com/zh-hans/earn/dual

7. Coin Accumulation Snowball: More suitable for rising and ranging markets

Product Overview: Coin Accumulation Snowball is a single cryptocurrency structured product that helps users trade selected digital currencies and earn returns in rising markets. Users will have three possible settlement scenarios: early profit-taking, maximum profit, and warning, allowing for growth in holdings while providing certain risk protection.

Applicable Scenarios: OKX's Coin Accumulation Snowball is more suitable for users holding cryptocurrencies for the medium to long term. In ranging markets or with stable growth expectations, it helps ensure profits while avoiding risks from extreme declines.

Example:

1) Market Judgment: Suppose a user believes that the price of BTC will remain relatively stable in the coming days but is likely to rise.

2) Product Operation: The user enters OKX's Coin Accumulation Snowball product, selecting a 7-day term, an annualized return of 25.25%, an initial price of $64,997, a target price of $65,007, a profit-taking price of $68,393, and a warning price of $62,300, then inputs the subscription quantity to participate immediately.

3) Operation Results: After subscribing to this product, three possible scenarios will occur:

Scenario 1: If the cryptocurrency price breaks through the profit-taking price on any given day, the user's order will be settled early, and they will receive a return.

Return Amount: Subscription Quantity × (1 + Annualized Return × Term / 365)

Scenario 2: If the cryptocurrency price remains between the profit-taking price and the warning price, the user will earn maximum profit and receive a return on the settlement date.

Return Amount: Subscription Quantity × (1 + Annualized Return × Term / 365)

Scenario 3: If the cryptocurrency price falls below the warning price on any given day, the user's order will be settled early.

Return Amount: Subscription Quantity × [(Settlement Price / Target Price) + (Annualized Return × Term / 365)]

Advantages Summary: 1) No Currency Conversion: Users can invest in BTC or ETH, and regardless of market fluctuations, the return currency remains unchanged, simplifying operations without worrying about the complexities of currency conversion. 2) Guaranteed Annualized Returns: Regardless of the market's settlement conditions, users can earn returns in all settlement scenarios, providing stable annualized returns and reducing risks. 3) Daily Early Profit-Taking Opportunities: Users can observe market dynamics daily, track profit-taking prices, and flexibly take profits based on market conditions. 4) Price Drop Protection Mechanism: When the price drops significantly and breaches the warning price, the system will automatically settle the order, providing users with additional safety guarantees. 5) Low Threshold: The minimum investment threshold is very low, requiring only 0.0004 BTC or 0.005 ETH to participate, suitable for various users. 6) Zero Fees: Apart from the invested principal, users do not need to pay any additional fees, ensuring maximum profit.

Usage Method: 1) After logging into OKX, go to the financial page 2) Then select structured products - Coin Accumulation Snowball 3) After confirming the cryptocurrency, term, target price, etc., input the subscription quantity to proceed, very simple and convenient.

Direct Tool Access: https://www.okx.com/zh-hans/earn/snowball-hodl

The above only highlights some of OKX's CeFi products. In addition to strategy products and earning products, the OKX platform also offers a rich variety of lending products, copy trading products, and more, fully meeting users' diverse needs and helping them flexibly respond to market fluctuations. Users can download the OKX APP: https://www.okx.com/zh-hans/download or visit the OKX official website: https://www.okx.com/zh-hans to experience it immediately.

3. Disclaimer

This content is for reference only and does not constitute or should not be viewed as (i) investment advice or recommendations, (ii) an offer or solicitation to buy, sell, or hold digital assets, or (iii) financial, accounting, legal, or tax advice. We do not guarantee the accuracy, completeness, or usefulness of such information. Digital assets (including stablecoins and NFTs) are subject to market fluctuations, involve high risks, and may depreciate or even become worthless. You should carefully consider whether trading or holding digital assets is suitable for you based on your financial situation and risk tolerance. For your specific situation, please consult your legal/tax/investment professionals. Not all products are available in all regions. For more details, please refer to OKX's Terms of Service and Risk Disclosure & Disclaimer. The OKX Web3 mobile wallet and its derivative services are governed by separate terms of service. You are responsible for understanding and complying with applicable local laws and regulations.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
banner
ChainCatcher Building the Web3 world with innovators