7.Binance Dual Investment Auto-Compound
Auto-Compound is an automation feature available for certain Binance Dual Investment products. Its purpose is to make it easier for users to reinvest eligible funds after a Dual Investment position reaches settlement.
When Auto-Compound is enabled, the investment amount and applicable rewards may be automatically used to subscribe to another eligible Dual Investment product, subject to Binance's available products and conditions.
This can reduce the need to manually create a new subscription after every settlement.
Depending on the available settings, users may also be able to configure preferences such as target price difference, desired APR, or settlement period.
However, Auto-Compound does not guarantee continuous profit. Every new subscription is subject to the market conditions and terms of the new product.
If a suitable product is not available, the funds may be returned to the user's Spot Account according to the applicable rules.
Users should therefore understand exactly what happens after settlement before enabling Auto-Compound.
It is also important to remember that Dual Investment involves price risk. The value and type of asset received at settlement can depend on the target price and final market conditions.
Auto-Compound is mainly designed for convenience and automation. Users should regularly review their settings and make sure the selected strategy still matches their own goals and risk tolerance.$AAPLB $GOOGL.US
Auto-Compound is an automation feature available for certain Binance Dual Investment products. Its purpose is to make it easier for users to reinvest eligible funds after a Dual Investment position reaches settlement.
When Auto-Compound is enabled, the investment amount and applicable rewards may be automatically used to subscribe to another eligible Dual Investment product, subject to Binance's available products and conditions.
This can reduce the need to manually create a new subscription after every settlement.
Depending on the available settings, users may also be able to configure preferences such as target price difference, desired APR, or settlement period.
However, Auto-Compound does not guarantee continuous profit. Every new subscription is subject to the market conditions and terms of the new product.
If a suitable product is not available, the funds may be returned to the user's Spot Account according to the applicable rules.
Users should therefore understand exactly what happens after settlement before enabling Auto-Compound.
It is also important to remember that Dual Investment involves price risk. The value and type of asset received at settlement can depend on the target price and final market conditions.
Auto-Compound is mainly designed for convenience and automation. Users should regularly review their settings and make sure the selected strategy still matches their own goals and risk tolerance.$AAPLB $GOOGL.US