BTC has fallen to around $83,000. If you’re holding USDT, what’s the least costly thing to do now?
Let’s talk about Dual Investment, the “set-it-and-forget-it” way to manage your money. In a nutshell, it’s a short-term product that guarantees interest but not principal. You set a target price and settlement date. At maturity, whether the settlement price has reached your target determines which currency you receive; interest is paid either way.
How to use it in 5 steps (Binance app):
1. On the home page, tap “More” → “Earn” → “Dual Investment”
2. Choose a direction: Buy Low (you’re holding USDT and want to buy coins if the price drops) / Sell High (you’re holding coins and want to sell them for USDT if the price rises)
3. Choose the target price and settlement date: the closer the target price is to the current price, the higher the annualized yield, but the more likely your funds will be converted to another currency at maturity
4. Enter the amount, review the annualized yield and terms, then tap Subscribe
5. Settlement happens automatically at maturity, and the proceeds go back to your account
Here’s an example (for illustration): With BTC around $83,000, you choose Buy Low with a 7-day term and an $80,000 target price, and invest 1,000 USDT. If BTC is ≤ $80,000 on the settlement date, you receive BTC at a price of $80,000, plus interest. If BTC is > $80,000 on the settlement date, you get back 1,000 USDT plus interest.
My take: Dual Investment is essentially selling an option in exchange for interest, at the cost of possibly having your funds converted to another currency. It’s best suited to two types of people: buyers who have spare USDT and have already decided, “I’ll buy if it drops to this price,” and long-term coin holders who have decided, “I’ll sell if it rises to this price.” It’s least suitable for people chasing a hot rally: in a one-way market, that bit of interest won’t come close to making up for the gains you might miss. One more thing: products with higher annualized yields often have more aggressive target prices and a greater chance of conversion, so don’t look at the interest rate alone.
Source: The Dual Investment mechanics were cross-checked against two publicly available tutorials; BTC around $83,000 refers to public market prices on the evening of October 7.
For informational purposes only. This is not investment advice.
#BitcoinFallsBelow$83000
$BTC $USDT
Are you putting your spare USDT into flexible savings, or using it for Dual Investment?
I’ll keep sharing tutorials on tools like this, so follow me to stay updated.
Let’s talk about Dual Investment, the “set-it-and-forget-it” way to manage your money. In a nutshell, it’s a short-term product that guarantees interest but not principal. You set a target price and settlement date. At maturity, whether the settlement price has reached your target determines which currency you receive; interest is paid either way.
How to use it in 5 steps (Binance app):
1. On the home page, tap “More” → “Earn” → “Dual Investment”
2. Choose a direction: Buy Low (you’re holding USDT and want to buy coins if the price drops) / Sell High (you’re holding coins and want to sell them for USDT if the price rises)
3. Choose the target price and settlement date: the closer the target price is to the current price, the higher the annualized yield, but the more likely your funds will be converted to another currency at maturity
4. Enter the amount, review the annualized yield and terms, then tap Subscribe
5. Settlement happens automatically at maturity, and the proceeds go back to your account
Here’s an example (for illustration): With BTC around $83,000, you choose Buy Low with a 7-day term and an $80,000 target price, and invest 1,000 USDT. If BTC is ≤ $80,000 on the settlement date, you receive BTC at a price of $80,000, plus interest. If BTC is > $80,000 on the settlement date, you get back 1,000 USDT plus interest.
My take: Dual Investment is essentially selling an option in exchange for interest, at the cost of possibly having your funds converted to another currency. It’s best suited to two types of people: buyers who have spare USDT and have already decided, “I’ll buy if it drops to this price,” and long-term coin holders who have decided, “I’ll sell if it rises to this price.” It’s least suitable for people chasing a hot rally: in a one-way market, that bit of interest won’t come close to making up for the gains you might miss. One more thing: products with higher annualized yields often have more aggressive target prices and a greater chance of conversion, so don’t look at the interest rate alone.
Source: The Dual Investment mechanics were cross-checked against two publicly available tutorials; BTC around $83,000 refers to public market prices on the evening of October 7.
For informational purposes only. This is not investment advice.
#BitcoinFallsBelow$83000
$BTC $USDT
Are you putting your spare USDT into flexible savings, or using it for Dual Investment?
I’ll keep sharing tutorials on tools like this, so follow me to stay updated.