Whether you are an experienced investor or a newcomer to digital assets, understanding these rules will help you manage your investments better.
First, regarding the minimum subscription and redemption amounts, all types of assets have clear requirements:
BTC: The minimum subscription and redemption amount is 0.1 BTC.
USDT: The minimum subscription and redemption amount is 1000 USDT.
ETH: The minimum subscription and redemption amount is 1 ETH.
BNB: The minimum subscription and redemption amount is 2 BNB.
SOL: The minimum subscription and redemption amount is 10 SOL.
Next are the subscription rules. Users can subscribe at any time, as long as they meet the minimum subscription amount. The specific timing regulations are as follows:
If you subscribe before 4:00 AM Coordinated Universal Time (UTC+0) daily, it will be considered a same-day (T day) subscription, and shares will be confirmed based on that day's net asset value (NAV), confirmed no later than the end of T+1 day.
If you subscribe after 4:00 AM daily, it will be considered a T+1 day subscription, and shares will be confirmed based on the NAV of T+1 day, confirmed no later than the end of T+2 day.
Regarding redemption, users can also initiate requests at any time, with the minimum redemption amount being the same as the minimum subscription amount. If your total fund balance is below the minimum redemption amount, you need to redeem all funds. The processing time for redemption requests is as follows:
From 4:00 AM UTC+0 on Thursday to 4:00 AM UTC+0 the following Monday, submitted redemption requests will be processed at 4:00 PM UTC+0 the following Friday, at which point you can withdraw funds.
From 4:00 AM UTC+0 on Monday to 4:00 AM UTC+0 on Thursday, submitted redemption requests will be processed at 4:00 PM UTC+0 the following Tuesday, at which point you can also withdraw funds.
It is important to note that if you redeem within 28 days after subscription, there will be an early redemption penalty, specifically a fee of 0.1% of the redemption amount, and any profits and losses (PnL) accumulated during this period will be forfeited. Therefore, it is advisable to carefully consider the timing when planning to redeem.
As for profit distribution, users can check daily profits and cumulative profits the day after the subscription shares are confirmed. All profits will be added to your total assets and can be redeemed according to the rules of redemption and early redemption. In addition, you will receive extra stBB rewards daily. Please remember that stBB needs to be claimed separately; unclaimed stBB will continue to accumulate.
Finally, claimed stBB can be exchanged for BB by unstaking, which takes 7 days.
By understanding these rules, you can invest with more confidence on the BounceBit platform. Whether you choose automated investment or manual asset management, clear rules will help you seize every investment opportunity and achieve your desired returns. Whether for long-term appreciation or short-term arbitrage, BounceBit offers you flexible options.