Fellow Binancians,
We have successfully launched 50+ phases of Dual Investment products over the past 1 year, and we sincerely thank you for your support. We will be making big changes to Dual Investment products to better serve our users. The new changes will be effective in the coming few weeks and we will send out a separate announcement to inform users.
Please see the below table for the summary of changes:
| Items | Current | After Change |
| Subscription Period | Wed 04:00 - Thur 04:00 (UTC) | Any time of the week |
| APY | Fixed | Always changing, but locked in once the subscription is completed* |
| Strike price | The strike price is adjusted according to the spot price changes as of subscription closing time | Fixed |
| New product launch | Wednesday 04:00 (UTC) | Wednesday 08:00 (UTC) |
| Delivery date | No change (Every Friday) | |
| Settlement price | No change (Spot price on Friday at 08:00 (UTC)) | |
| Users receiving investment returns | No change (Users will receive the investment returns within 48 hours after the products expire) | |
*APY (after change): The APY is always changing before the subscription and this is majorly dependent on the strike price, remaining deposit days, and also the market volatility. However, once the user subscribes to a Dual Investment product, the APY will be locked in throughout the deposit days and will not change thereon.
To prepare for the upcoming changes to Dual Investment, we will not be launching new products on 2021-07-21 (UTC).
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make the best efforts to choose high-quality coins, but will not be responsible for your trading losses.
Thanks for your support!
Binance Team
2021-07-16
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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.