Binance launches Dual Currency Investment Automatic Compounding and New Dual Currency Investment Product.
Dual Investment Auto-Compound feature
Binance has launched the dual-currency investment automatic compound interest function on the website to help users automatically subscribe for newly launched dual-currency investment products on the settlement date.
Users can choose to join the automatic compound interest function during the purchase process of dual currency investment. After enabling this function, the system will help users to close their positions or re-subscribe for new positions on the settlement day according to the user’s choice of basic plan or advanced plan and whether the target price is reached.
Dual Currency Investment has now launched a new batch of dual currency investment products with different delivery dates and exercise prices. Users can subscribe for products to buy low and sell high.
- Subscription start: 18:00 on June 29, 2022 (East Eighth District time)
- Subscription method: first come first served
- Click the link below to view the delivery date and strike price of the new product
You can buy low and sell high at the ideal time/price through dual currency investment products, earn high returns and zero handling fees. Order popular currency dual currency investment products to enjoy higher interest income.
Go to Binance Official Website
SELL HIGH
Target users: Users who want to accumulate high rewards on the cryptocurrency holdings, or
Users who want to sell the Deposit Currency for a higher price in the future, compared to the market price on the subscription date
| Deposit Currency | Sell For | Settlement Date |
|---|---|---|
| BTC, ETH, SOL, MATIC, ADA, BNB, DOT, BCH, AVAX, FTM, ALGO, NEAR, ATOM | BUSD | 2022-07-05 2022-07-22 |
BUY LOW
Target users: Users who want to accumulate high rewards on the stablecoin holdings, or Users who want to buy a cryptocurrency for a lower price in the future, compared to the market price on the subscription date
| Deposit Currency | Cryptocurrency to Buy | Settlement Date |
|---|---|---|
| BUSD & USDT | BTC, ETH, SOL, MATIC, ADA, BNB, DOT, BCH, AVAX, FTM, ALGO, NEAR, ATOM | 2022-07-05 2022-07-2 |
The annualized return* of the investment currency of the dual-currency investment products in this announcement ranges from 4% to 138%.
Go to Binance Official Website
How to buy dual currency investment:
- Enter the dual currency investment page;
- Select the currency you want to buy or sell;
- Choose whether you want to sell high (upward strike) or buy low (downward strike);
- Choose your preferred exercise price and exercise time to buy or sell;
- Enter your subscription amount;
- Use the toggle button to choose to enable or disable the automatic compound interest function of the dual currency investment, and then complete the subscription.
Dual Currency Investment may suspend accepting new purchase orders at any time.
The annualized rate of return* changes in real time before the subscription, and is locked after the subscription is successful.
Dual currency investment products do not support early redemption.
Investment currency: The currency used when subscribing for dual-currency investment products is the investment currency.
Please check Binance official website or contact the customer support with regard to the latest information and more accurate details.
Binance official website is here.
Please click "Introduction of Binance", if you want to know the details and the company information of Binance.
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...