The crypto market can be a hazardous place. Traders worldwide buy and sell crypto 24/7 and one tiny oversight may translate into a costly mistake. To simplify things, no one can tell which direction the market is going and by how much.
Bitget Smart Trend to the rescue! With one subscription, you’ll be able to profit whichever way the market is going without having to keep an eye on the price all day long.
What is Bitget Smart Trend?
Our most recent groundbreaking development, Smart Trend, presents an innovative financial landscape through the utilization of fixed-income assets and options. This exceptional product ensures a harmonious blend of enticing rewards and carefully managed risks, underpinned by a principal guarantee. By subscribing to this service, you gain the ability to make predictions and experience intensified rewards whenever the price aligns with your expectations. Remarkably, even in the event of an incorrect prediction, you can still derive value from a crucial Annual Percentage Rate (APR) during settlement.
How does Bitget Smart Trend work?
It works both ways.
You can either subscribe to our bullish product and enjoy benefits when the underlying’s price goes up, or bearish products for more returns from its depreciation.
All Smart Trend products will settle 7 days after they start earning interest and each product comes with a unique price range and APR.
Take our Bullish BTC Smart Trend product for example. Say it comes with a price range of $28,500 to $31,000 and an APR range of 2.00% to 4.89%. As a subscriber, at the time of settlement:
If the value of BTC rises above $27,000, you will be entitled to our guaranteed 2.00% APR for the previous 7 days. However, if BTC is trading between $27,000 and $24,500, you will receive an additional APR that corresponds to the difference between BTC’s settlement price and $27,000. In the event that BTC falls below $24,500, you will receive the highest possible APR of 8.16%, regardless of its actual value.
Is Smart Trend risky?
As a principal-guaranteed financial product, Smart Trend is able to cap its risk to a very limited range. Subscribers will be guaranteed a base APR no matter what. It should be noted, however, that since your principal is in crypto, there are certain inherent risks, such as the depreciation of the underlying cryptocurrency’s value relative to fiat currency.
Are price ranges fixed?
In the case of violent market fluctuations, we may adjust the price range of each Smart Trend product for optimal returns before they start earning interest (value time). It means the price ranges will not be fixed before the subscription closes. Once everyone’s assets are locked and loaded, however, the price range will remain the same.
When will I get my interest?
Your interest and principal will be redeemed within 24 hours after settlement time.
Closing thoughts
Bitget Smart Trend is the latest recruit in our Earn products, with a similar APR pattern to our Shark Fin product but a higher tolerance for the accuracy of your price prediction. By implementing a few straightforward tactics, you can use crypto as a dependable safeguard against market fluctuations. Take advantage of the Bitget Calculator, the ultimate resource for cryptocurrency enthusiasts! This advanced calculator is tailored to give you precise information and amplify your earning potential, whether you’re a seasoned trader or new to the game.
David Prior
David Prior is the editor of Today News, responsible for the overall editorial strategy. He is an NCTJ-qualified journalist with over 20 years’ experience, and is also editor of the award-winning hyperlocal news title Altrincham Today. His LinkedIn profile is here.
