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FAQ of Snowball
Updated over 3 months ago

1.What is the selling time for the snowball product?

It can be purchased at any time, and there is a 1-day subscription period after the product is subscribed.

2.What is the start date for the Snowball product?

The interest starts at 16:00 on the day of subscription. If the purchase is made after 15:00, the interest will begin at 16:00 on the following day.

3.What is the latest settlement time?

The latest settlement time is 20:00 on the maturity date.

4.What is the observation frequency for the snowball price indicator?

The observation frequency for the snowball price indicator is from 15:30 to 16:00 (UTC+8) every day. During this time, an average price for the day is calculated to determine whether a knock-in or knock-out event occurs.

5.What type of investors are suitable for the snowball product?

Snowball is specially designed for investors who have clear expectations for the market direction and a certain risk tolerance. Users can choose products in the corresponding direction based on the expected market trend.

6.What are the potential risks of Snowball?

Snowball is not a capital-guaranteed product. When the price of the underlying asset reaches or falls below the preset knock-in price, currency conversion may occur and cause losses.

7.How are the benefits generated?

When subscribing for Snowball products, you will buy and sell options, and the total income will depend on the currency price changes during the product period.

8.What is the external API link of Matrixport structured products?

Risk Warnings

Digital asset transactions contain extremely high risks, and digital assets are traded uninterrupted throughout the day. The User should determine the suitability for investing digital assets products based on their own financial situation and risk preference.

Disclaimer

This article is for informational purposes and for reference only. The content of this report does not constitute investment advice, an offer to sell, or a solicitation of an offer to buy, to residents in the Hong Kong SAR, the United States, Singapore and other countries or regions where such offers or solicitations may be prohibited by law. Digital assets transactions can be extremely risky and volatile. Investment decisions should be made after careful consideration of individual circumstances and consultation with financial professionals. Matrixport is not responsible for any investment decisions based on the information provided in this article. Although the content in this report has been taken from sources that are believed to be accurate, no warranty or representation is made by Matrixport as to its correctness, completeness, timeliness or accuracy.

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