Gate.io’s New Structured Product ‘Snowball’ is Like Trading on Autopilot
Crypto users can now trade on autopilot using Snowball, Gate.io’s newest structured product. Recently launched on the Gate.io crypto exchange, Snowball offers a way for crypto traders to profit from market ups and downs without all the hassle and risk of manually speculating on and trading the markets.
Currently, Snowball provides up to 20% APR for initial investment amounts of as little as 10 USDT. Snowball generates returns for users by implementing multiple cutting-edge investment strategies that take advantage of market swings. The strategies are designed to balance potential profits with risk aversion, helping users tap into investment opportunities that may be outside their skill or experience level.
The way it works is pretty simple; users first subscribe to the product and allocate an initial investment, then sit back and let it do its thing. Snowball will then accumulate interest through a set period, usually 1 to 4 weeks. Lastly, the principal investment and accrued interest will be returned to the users at the end of the period.
It is important to note that the APR is not guaranteed, as the profitability still depends on the underlying asset’s performance. However, the product is professionally optimized to be adaptable to market conditions, even featuring free downside protection, where Gate.io will still pay out interest and cover the total loss for users if the underlying asset price falls too low.
Overall, Snowball provides users with a better opportunity to access profitable trading strategies without worrying about learning all the ropes and the risks of manual trading. Moreover, until April 10, users can subscribe to Snowball with as little as 10 USDT and begin earning interest up to 20% APR.