What is dual-currency financial management?
Dual-currency financing is a new cryptocurrency investment strategy that allows investors to hold two different cryptocurrencies at the same time and earn income from them. This usually involves a major cryptocurrency (such as Bitcoin or Ethereum) and a stablecoin
For example:
Take Profit: Sell your cryptocurrency holdings at the target price to realize partial profits and receive additional rewards.
Buy the dip: Buy cryptocurrencies at target prices during market troughs and enjoy additional rewards.
Earn More Cryptocurrency: You already hold cryptocurrency and want to earn extra while continuing to hold it.
Earn more stablecoins: You already hold stablecoins and want to earn extra while continuing to hold them.
The core of dual-currency financial management lies in the reference price when placing an order. If the market price at expiration is lower than the reference price, you will receive the corresponding Bitcoin profit and principal; conversely, if the market price is higher than the reference price, you will receive the equivalent USD profit and principal. Whether you are getting Bitcoin or USD, it is a gain.
As an innovative financial management method of Bitcoin derivatives, the main difference from traditional spot is that it can guarantee fixed income and is not affected by the rise and fall of the market. Traditional spot funds can only make profits when the market rises, while dual-currency financial management can obtain stable income even in market fluctuations.
With Binance’s launch of dual-currency financial management, it is undoubtedly the first choice for novice investors:
For single-day financial management, the maximum daily average return is as high as 1%.
There is no need to predict market trends, profits can be made in both ups and downs.
Flexible investment cycle, freely configurable every day.
Earn Bitcoin income when the currency price falls, and earn USD income when the currency price rises.
Automatic reinvestment helps you make compound profits easily.
The theoretical annualized rate of return can be as high as 1,000%.
There are many types of transactions in the currency circle, from Bitcoin spot and futures to options, to ETF funds, DeFi and dual-currency financial management. Among these many choices, dual-currency financial management is undoubtedly the easiest to get started and the most stable returns. However, in addition to the advantages mentioned above, dual-currency financial management also has certain risks.
Risks of dual-currency financial management
Although dual-currency banking has many advantages, it is not without risks. Assets will be locked when subscribing and cannot be canceled or redeemed before the settlement date.
- If the market price moves further and further away from the target price, you will miss the opportunity to buy or sell at a better price.
- In dual currency investment, transactions can only be conducted based on the price on the settlement date
If you are also interested in this, you might as well click on Binance Finance’s dual-currency investment to experience it.
