What is Binance Dual Investment? – Part -01

12 months ago 42

What is Binance Dual Investment? We all expect a higher return on our hard-earned money and assets. We need to buy low and sell high to get a return on investment. Binance Dual Investment is a great way to...

What is Binance Dual Investment?

We all expect a higher return on our hard-earned money and assets. We need to buy low and sell high to get a return on investment. Binance Dual Investment is a great way to earn rewards while buying low and selling high. Binance also gives you cray returns in different timelines.  

How does Dual Investment Work?

Binance Dual Investment allows you to earn interest regardless of the market direction. This provides you the chance to buy crypto at a lower price or sell crypto at a higher price in the future while receiving a high-interest yield. This is also an alternative for spot trading with limit orders. 

Buying low or Selling High are the two types of Dual Investment products. 

Buy Low: This product provides the chance to buy crypto at a lower price in the future. 

Sell High: This product provides the chance to sell the crypto assets that you already own at a higher price in the future. 

What Are The Benefits of Dual Investment 

Buy Low or Sell High: This allows users to buy your desired crypto at a lower price or sell it at a higher price.

High-Interest Return: Regardless of the market direction user get a chance to earn a higher ROI (Return on Investment.)

Portfolio: Users can select from a variety of different assets, target dates, or prices. 

Zero Trading Fees: Zero trading fees when the target is achieved and orders are executed. 

Now let us talk about the two different products available. 

Buy Low – Dual Investment 

Reason one: You have existing stablecoin holdings with you. You would like to invest in your desired crypto at the desired price, on the desired date. You would also like to make additional earnings by doing this. 

Reason two: You like to accumulate more stablecoin through earning interest income. 

Sell High Dual Investment

Reson one: You have your existing crypto stash. You would like to sell the stash at the desired price and a date and make additional earnings. 

Reason two: You like to accumulate more stablecoin through earning interest income. 

What are the Binance Dual Investment Key Terms

Subscription Amount- The deposit amount when subscribing Target Price- Your desired price for which you would like to buy or sell the crypto asset Settlement Date- Your desired date when you want to buy or sell the crypto asset. Settlement Price- Average market price during the last 30 minutes on the settlement date. Annual Percentage Yield (APY)- This is the interest income you would earn if you invested your crypto in the Binance Dual Investment for a year. For instance, if APY is 25%, the approximate daily effective return is 25%/365 days= 0.0685%.Subscription Period- The number of days from the day of the subscription until the settlement date. 

Now you know what Binance Dual Investment is and what benefits it has you can try yourself out. Just remember to do your own research before investing your assets and time into it like in any investment opportunity as every investment has its own risks. We will bring more information on the Dual investment in part 2.

The post What is Binance Dual Investment? – Part -01 appeared first on Bitcoin FT.


View Entire Post

Read Entire Article