This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is launching a new batch of Dual Investment products with updated Target Prices and Settlement Dates, where users can utilize our Sell High or Buy Low products.
- Subscription starts at: 2022-08-03 10:00 (UTC)
- Subscription Format: First-come, first-served basis
- Check out the new Target Prices and Settlement Dates in the link below
Dual Investment provides access to Buy Low and Sell High products with your selected price at your selected date in the future, without any fees. Subscribe to Dual Investment products to enjoy rewards on a selection of popular cryptocurrencies.
SELL HIGH
Target users:
- Users who want to accumulate high rewards on the cryptocurrency holdings, or
- Users who want to sell the Deposit Currency for a higher price in the future, compared to the market price on the subscription date
Deposit Currency | Sell For | Settlement Date |
BTC, ETH, SOL, MATIC, ADA, BNB, DOT, BCH, AVAX, FTM, ALGO, NEAR, ATOM | BUSD | 2022-08-09 2022-08-26 |
BUY LOW
Target users:
- Users who want to accumulate high rewards on the stablecoin holdings, or
- Users who want to buy a cryptocurrency for a lower price in the future, compared to the market price on the subscription date
Deposit Currency | Cryptocurrency to Buy | Settlement Date |
BUSD & USDT | BTC, ETH, SOL, MATIC, ADA, BNB, DOT, BCH, AVAX, FTM, ALGO, NEAR, ATOM | 2022-08-09 2022-08-26 |
The Deposit Currency APY for Dual Investment products in this announcement ranges from 4% to 154%.
Additionally, the Dual Investment Auto-Compound feature, which helps users to automatically renew their Dual Investment subscriptions on the Settlement Date, is now also available on the Binance App.
How to get started with Dual Investment:
- Go to the Dual Investment page.
- Select the cryptocurrency you would like to buy or sell.
- Choose whether you want to SELL HIGH or BUY LOW.
- Select your desired price (“Target Price”) and desired date (“Settlement Date”) to buy or sell.
- Input your subscription amount.
- Choose to enable or disable the Dual Investment Auto-Compound feature with the toggle button and complete the subscription.
Do check out our Dual Investment Beginner Mode to get a step-by-step guide through the subscription process for Dual Investment products.
More information about Dual Investment, including a glossary and detailed calculation methodology, can be found here.
Note:
- Dual Investment may stop accepting new subscriptions at any time.
- APY will change in real-time depending on the market fluctuation before subscription, but will be locked in once the subscription is completed.
- Dual Investment products cannot be redeemed early.
- Deposit Currency refers to the currency used to subscribe to a Dual Investment product.
- Settlement Date refers to the date on which transactions and redemption will take place.
Thanks for your support!
Binance Team
2022-08-03
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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.
Risk Warning: Digital asset prices can be volatile. The value of your investment can go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. For Dual Investment products, your return is fixed at the Deposit Currency APY, which refers to cryptocurrency rewards in the Deposit Currency, not actual or predicted returns in fiat or the Target Currency. You may be better off holding your cryptocurrency, and may be required to trade at a rate less favourable than the market rate on the Settlement Date. Not financial advice. For more information, see our Terms of Use and Risk Warning.