Summary
No matter what the market direction is, dual-currency investment can earn interest for you.
Use "Buy Low Dual Currency Investing" to buy cryptocurrencies at lower prices in the future and earn interest.
Use Sell High Dual Currency Investing to sell your cryptocurrency at a higher price in the future and earn interest.
If the target price is reached, your deposit will be used to buy and sell cryptocurrencies. If it is not reached, your deposit and interest income will be refunded.
You can use the automatic reinvestment function to reinvest the income and carry forward the position.
As we all know, if you want to get a return on your investment, you need to buy low and sell high. And cryptocurrencies are no exception. Binance Dual Currency Investing offers a great way to take advantage of buy low and sell high opportunities while also providing you with additional returns. Let’s take a closer look at how it works and how you can get started.
Binance Dual currency investing offers users four main advantages:
Buy low or sell high: Dual currency investing allows you to buy cryptocurrencies at a lower price or sell them at a higher price.
High Interest:You can earn high passive income regardless of market trends.
Wide choice: You can choose a variety of assets to invest in and set your own delivery date and target price.
Zero trading fees: Buy or sell orders once the target price is reached, Binance does not charge any trading fees.
Binance Dual Coin Investment offers users an excellent opportunity to buy crypto at a lower price or sell it at a higher price in the future currency. Through it, users can earn high interest income during the subscription period regardless of market trends. For many users, dual currency investing offers an alternative to spot trading with limit orders on the Binance exchange.
Dual-currency investment products are divided into two categories: Buy low and Sell high >.
Buy Low Products give you the opportunity to buy your favorite products at a lower price in the future of cryptocurrency. The Sell High product gives you the opportunity to sell your current cryptocurrency holdings at a higher price in the future.
Two reasons to use buy-low dual-coin investing:
1. Use the stablecoin you currently hold, Buy cryptocurrencies on your desired date at your desired price and earn extra money.
2. Accumulate more stable coins through interest income.
Similarly, high-selling dual-currency investment products also provide two major use cases:
1. On the desired date, sell your current cryptocurrency holdings at your desired price and earn additional income.
2. Accumulate more cryptocurrencies through interest income.
Buy low, sell high can easily be used in many different trading strategies. Be sure to check out the LINK Guide for advice on top dual-currency investing strategies. These six techniques can maximize returns and meet your investment needs.
Before we introduce how these products work, let’s first understand some technical terms:
1.Subscription amount: The amount deposited when subscribing for dual-currency investment.
2. Target price: The cryptocurrency buying and selling price set by the user.
3. Settlement Date: The cryptocurrency purchase and sale date set by the user. Investment income will be credited on this date. 08:00 (UTC) is the checkpoint that determines whether the target price has been reached.
4.Settlement price: The market average 30 minutes before 08:00 (UTC) on the settlement day price. The settlement price and target price determine whether to buy low or sell high.
5.Annual Yield (APY): Users can lock their cryptocurrency in a dual-currency investment product for one year. Interest earned. For example, if the annual return is 36.5%, the effective daily return is approximately 36.5% / 365 days = 0.1%.
6.Subscription periodThe number of days from the subscription date to the settlement date.
Using Binance Dual Coin Investing is very simple once you are familiar with how the product works. Follow the simple steps below to subscribe for dual currency investment.
1. Visit the dual currency investment page.
2. Select the cryptocurrency you want to buy or sell.
3. If this is your first time using this product, please complete the dual-currency investment test.
4. Decision Buy low or sell high.
5. Select the target price and settlement date.
6. Enter your subscription amount, agree to our terms, and then click [Subscribe].
7. Everything is ready! Your funds will be settled within 6 hours after the settlement day checkpoint time (08:00, UTC time). Visit the dual currency investment history page to view previous orders.
If you are not familiar with dual-currency investment, you can select "Beginner Mode" by pressing the switch button. A step-by-step guide in beginner mode that takes you through the entire subscription process.
Once you are familiar with dual-currency investing, you can click the same toggle button to turn off the beginner mode and enjoy the advanced features of this platform.
Dual-currency investment has two major return components: interest income and subscription amount em>. Your returns will vary depending on whether the target price is reached.
Let’s first understand how interest income is calculated. Interest income is calculated according to the following formula:
Interest income = subscription amount * annual yield % * number of days in the subscription period / 365
For buy low dual currency investment, two situations may occur .
1) When the target price is reached on the settlement date (i.e. the price is equal to or lower than the target price) :
a) Your subscription amount and interest income will be used topurchase cryptocurrency at the target price .
b) Formula: (subscription amount + interest income) / target price
2) When the target priceis not reached on the settlement date:
a) You receive the subscription amount and interest income without any conversion.
b) Formula: Subscription amount + interest income
RegardSell High Dual Currency Investment In other words, two situations may occur.
1) When the target price is reached on the settlement date (i.e. the price is equal to or higher than the target price) :
a) Your subscription amount and interest income will be used tosell the cryptocurrency at the target price .
b) Formula: (subscription amount + interest income) * target price
2) When the target priceis not reached on the settlement date:
a) You receive the subscription amount and interest income without any conversion.
b) Formula: Subscription amount + interest income
On each settlement day, Binance uses 08:00 (UTC) serves as a checkpoint to determine whether the settlement price reaches the target price. Settlement price: The average market price 30 minutes before 08:00 (UTC) on the settlement day. Your funds will be refunded within 6 hours after the settlement day checkpoint time (08:00, UTC time).
A common investment strategy is to reinvest returns to increase returns. Dual Currency Investment can automate this process for you through the automatic reinvestment feature.
On the settlement date of any open dual-currency investment position, you can automatically re-subscribe for a new position. The settlement date is the following An effective settlement date.
Bitcoin and Ethereum settlement days are every Tuesday and Friday. The settlement date for other digital assets is every Friday. 30 minutes before the settlement date, you can choose to turn on/off the automatic reinvestment function.
There are two types of automatic reinvestment plans for you to choose from:
1.Basic Plan
If the target price is reached, automatic reinvestment will stop. The system will close the position and issue the profit.
If the target price is not reached, automatic reinvestment will continue. The system will automatically subscribe for new positions and settle them on the next valid settlement date until the target price is reached.
Imagine that if the current high sell target price is not reached, on the settlement day, Your funds will be automatically reinvested into the new sell high position. If the target price is reached, the dual-currency investment will stop the automatic reinvestment function.
2.Premium Plan
If the target price is reached, the system will automatically subscribe for a new position and reverse on the next effective settlement date ToSettlement.
If the target price is not reached, the system will automatically purchase a new position and perform same direction settlement on the next valid settlement date. For example, you subscribed for a high-selling product but did not reach the target price. Automatic reinvestment will open a newSell High position for you.
In our example, if the current high sell target price is reached, Dual Currency Investment A new buy low position will be opened and settled on the next valid settlement date. If the target price is not reached, your funds will automatically be reinvested into a new sell-high position on settlement day.
No matter how the market trend develops, Binance Dual Currency Investing is a great way to earn passive income. If you are an investor or trader with a Binance account and want to do more than just stake or lend out the tokens you hold for the long term, dual-currency investing can be a great way to diversify.
You can monetize market views and try to hedge above-market prices with added interest through the security of Binance products . As always, please do your own research on Binance Dual Currency Investing before committing money.