Binance, the world’s leading cryptocurrency exchange, has announced the launch of a new batch of Dual Investment products. The updated products come with revised strike prices and delivery dates, offering users an innovative way to invest in cryptocurrencies. For users to receive rewards for selecting popular cryptocurrencies, they must subscribe to the Dual Investment products.
#Binance has launched a new batch of Dual Investment products with updated Target Prices and Settlement Dates.
Find out more ⤵️ https://t.co/qKctwgRLsB
— Binance (@binance) January 9, 2024
The Dual Investment products allow users to either ‘Buy Low’ or ‘Sell High’ at their desired price on a specified date, all without any fees. This unique investment strategy provides users with the opportunity to earn high yields on a variety of popular cryptocurrencies, including BTC, ETH, SOL, MATIC, ADA, BNB, DOT, BCH, LUNA, AVAX, BUSD, and USDT.
The ‘Sell High’ option targets users who wish to accumulate high interest on their cryptocurrency holdings or those who aim to sell their Deposit Currency for a higher price in the future. The ‘Buy Low’ option, on the other hand, is designed for users who want to accumulate high interest on their stablecoin holdings or those who wish to purchase a cryptocurrency for a lower price in the future.
Users can subscribe to Binance’s Dual Investment Products and Earn High Interest
The subscription format for these Dual Investment products is on a first-come, first-served basis. The strike price is fixed, and Binance may stop accepting new subscriptions when the difference between the spot price and the strike price is small. It’s important to note that the APY will change in real-time depending on market fluctuations before the subscription but will be locked in once the subscription is completed.
Binance’s new Dual Investment products cannot be redeemed early. The Deposit Currency refers to the currency used to subscribe to a Dual Investment product, while the Delivery Date refers to the date on which transactions will happen, and the user will receive redemption.
This latest offering from Binance underscores the exchange’s commitment to providing innovative and diverse investment opportunities for its users. As the cryptocurrency market continues to evolve, Binance’s new Dual Investment products offer a flexible and potentially lucrative investment strategy for both new and seasoned investors.
