Matrixport's "Range Sniper" Empowers Stablecoin-holders to Accumulate Bitcoin whilst Earning High Yields
SINGAPORE, Sept. 6, 2021 /PRNewswire/ -- Matrixport, Asia's fastest growing digital assets financial services platform, has today announced the launch of 'BTC-U Range Sniper', an innovative first-mover product, which enables participants to earn higher returns when the price of Bitcoin (BTC) moves within a specified range.
- 'BTC-U Range Sniper'offers annualized yield (APY) of between 6 to 200 percent in either USDT/USDC or BTC depending on the price of BTC upon settlement.
- If the settlement price falls within the range, the investor is earning up to 200 percent APY in USDC.
- However, many stablecoin holders now desire to accumulate BTC whilst earning higher yields.
- 'BTC-U Range Sniper'is a user-friendly crypto investment product where we empower users to continue to earn attractive stablecoin yields or ride BTC's innate volatility to accumulate more BTC."