MXC Will Launch "BTC | Shark Fin" and "USDT | Shark Fin" Financial Products

Dear users:

MXC will launch "BTC | Shark Fin" and "USDT | Shark Fin" financial products soon. Welcome to join. The details are as follows:

Subscription:

Web: Homepage > MX DeFi> DeFi Mining > USDT | Shark Fin / BTC | Shark Fin

APP: Hompage > MX DeFi> DeFi Mining > USDT | Shark Fin / BTC | Shark Fin

Subscription period:

16:00, December 10 - 16:00, December 12 (UTC+8)

1. BTC | Shark Fin Financial Product

Locking-up term: 6 days

Hard cap: 25 BTC 

Entry standard for per user: 0.005 BTC

Estimated annualized return: 3% - 24.5%

Explanation:

Case 1: If the BTC price in the lock-up period was ≤17,500 or ≥20,250, the investor will receive 3% annualized return at maturity.

Case 2: If the BTC is always in the range of 17,500~20,250 during the period, the investor will obtain an annualized return of 21.5%~24.50% at maturity. The closer the price is to 20,250 at maturity, the higher the return for the investor.

Yield Distribution: The yield will be BTC and the principal and yield will be unlocked and distributed on the next day after maturity.

2. USDT | Shark Fin Financial Product

Locking-up term: 6 days

Hard cap: 500,000 USDT 

Entry standard for per user: 100 USDT

Estimated annualized return: 3% - 23.5%

Explanation:

Case 1: If the BTC price in the lock-up period was ≤17,500 or ≥20,250, the investor will receive 3% annualized return at maturity.

Case 2: If the BTC is always in the range of 17,500~20,250 during the period, the investor will obtain an annualized return of 21.5%~23.50% at maturity. The closer the price is to 17,500 at maturity, the higher the return for the investor.

Yield Distribution: The yield will be USDT and the principal and yield will be unlocked and distributed on the next day after maturity.

Note:

1. Settlement price: BTC/USDT price at 20:00 (UTC+8), December 18 at Deribit.

2. Observation period: 20:00, December 12 - 20:00, December 18 (UTC+8).

3. The assets is unavailable for trading or withdrawal during the lock-up period, and it cannot be unlock before maturity.

4. MXC reserve the right to adjust the return rate based on real situations and the final right to interpret the activity. 

Risk Warning

Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MXC Exchange will make best efforts to choose high quality coins, but will not be responsible for your investment losses.

Find us on: 

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Register an account of MXC here:

https://www.mxc.com/auth/signup?inviteCode=12wvM    

Enjoying your trade on MXC

The MXC team

December 10, 2020