Buy Crypto
Pay with
Markets
NFT
New
Downloads
English
USD
Support Center
Announcement
Latest Binance News
This article currently does not support your language. Auto-translator is recommended for English.

Dual Investment - Notice on Upcoming Changes

Binance
2021-07-16 06:48
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).
As always, if you have questions or comments, we’re here to help.
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
Find us on
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.
Related Articles
Binance Concludes 4 Promos: Binance Futures 2nd Anniversary, UAH 7 Days New Users Special, LATAM Exclusive Promotion, Binance Moon Phase C&W Activity