How do I use Shark Fin?

Published on Aug 17, 2023Updated on Dec 11, 20243 min read28

What are the details that I need to know before I start subscribing to Shark Fin?

  • You can only participate in Shark Fin with your master account.

  • Shark Fin has two subscription periods as below:

    • 3-day Shark Fin: between every Monday, 12:05 UTC to Tuesday, 11:55 UTC.

    • 7-day Shark Fin: between Thursday, 12:05 UTC to Friday, 11:55 UTC.

  • You're not allowed to redeem before the product expiration date.

How do I subscribe to Shark Fin?

On the app

  1. Open the OKX app, go to Grow, and select Structured Products

    CT-app-earn-structuredproducts

    Open Structured Product page

  2. Select Shark Fin and select one of the available options (Bullish/Bearish on BTC/ETH/BETH) during the subscription period

    CT-app-earn-sharkfinlanding

    Open Shark Fin page

    CT-app-earn-sharkfin option

    Select one of the available options to subscribe

  3. Enter your desired crypto amount to adjust the remaining quota and select Subscribe to finalize your order

    CT-app-earn-sharkfin-subscriptionamount

    Enter your crypto amount to subscribe to Shark Fin product

On the web

  1. Open the OKX website, go to Grow, and select Structured Products (under Earn) section before selecting Shark Fin

  2. Select Subscribe to to one of the available options (Bullish/Bearish on BTC/ETH/BETH) during the subscription period

    CT-web-earn-sharkfinsubscribe

    Select one of the available options to subscribe

  3. Enter your desired crypto amount to adjust the remaining quota and select Subscribe to finalize your order

    CT-web-earn-sharkfininsertamount

    Enter your crypto amount to subscribe to Shark Fin product

What are Structured Products?

Structured products are innovative financial instruments that earn interest from the derivative market. You can choose products based on current market trends and your risk appetite that cater to your investment needs.

There are 6 products introduced in Structured Products:

  • Shark Fin: gain USDT in any market condition with principal protection.

  • Dual Investment: buy and sell crypto at your target price, and earn high returns at the same time.

  • Dual Investment Lite: simplified yield-enhancement with flexible target prices and lower risks.

  • Seagull: a cost-effective options strategy combining capped profit and limited downside.

  • Snowball: advanced structured product for steady returns in trending or range-bound markets.

  • Snowball HODL: enhanced earnings for long-term holders with price protection and stable returns.

Disclaimer
This content is provided for informational purposes only and may cover products that are not available in your region. It is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold digital assets, or (iii) financial, accounting, legal, or tax advice. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. Information (including market data and statistical information, if any) appearing in this post is for general information purposes only. While all reasonable care has been taken in preparing this data and graphs, no responsibility or liability is accepted for any errors of fact or omission expressed herein. Both OKX Web3 Wallet and OKX NFT Marketplace are subject to separate terms of service at www.okx.com.

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