Bitget, top crypto derivatives and copy trading exchange, has announced the launch of its groundbreaking structured investment product — Snowball. The new instrument will provide users with up to 24.5% APR, meanwhile ensuring principal protection, it said a press statement.
Snowball is designed to help users navigate the ever-evolving cryptocurrency market landscape with a heightened level of confidence and security, while maintaining a relatively low-risk profile.
Bitget has stated that the release of its innovative offering aligns with the overall “Trade smarter” philosophy that the company has been advancing as a key factor of its positioning among a younger and more market-knowledgeable audience of users.
Snowball is a principal-protected structured financial product linked with the investment portfolio of the options market. The new product leverages the previously released Bitget Earn feature to optimize earnings and safeguard principal to continuously accumulate yields, and offers explosive growth in returns, the statement said.
“At Bitget, our commitment to empowering users with smart and secure trading solutions is unwavering. With the launch of Snowball, we are redefining the crypto investment landscape. Snowball isn’t just a product; it’s a testament to our dedication to helping users trade smarter and more confidently in the dynamic world of cryptocurrencies. We believe that financial innovation should be accessible and safeguarded, and Snowball embodies this philosophy, providing users with a principled-protected, yield-optimizing, and flexible investment tool,” said Gracy Chen, Managing Director at Bitget.
