Fellow Binancians,
We are excited to launch the 47th phase of Dual Investment products. Invest in Dual Investment products and enjoy a significantly higher interest rate of up to 81% APY. The subscription will begin on 2021-06-16 (UTC). We offer high flexibility in terms of the strike price, APY, and deposit days.
Dual Investment Product Details (Subscribe now)
Currency | Days | Annualized Interest Rate | Ref. Strike Price (USD) | Limit | Delivery Date |
BTC | 8 Days | 72% | $42,000 | 300 BTC | 2021-06-25 |
BTC | 8 Days | 38% | $44,000 | 300 BTC | 2021-06-25 |
BTC | 15 Days | 34% | $44,000 | 300 BTC | 2021-07-02 |
BTC | 29 Days | 21% | $48,000 | 200 BTC | 2021-07-16 |
Target users: Users with idle BTC and have a view that BTC price would not fluctuate above the reference strike price by the delivery date, or want to convert BTC into BUSD at the strike price
Currency | Days | Annualized Interest Rate | Ref. Strike Price (USD) | Limit | Delivery Date |
USDT | 8 Days | 81% | $38,000 | 6,000,000 USDT | 2021-06-25 |
USDT | 8 Days | 42% | $36,000 | 6,000,000 USDT | 2021-06-25 |
USDT | 15 Days | 15% | $32,000 | 6,000,000 USDT | 2021-07-02 |
USDT | 29 Days | 17% | $32,000 | 3,000,000 USDT | 2021-07-16 |
BUSD | 8 Days | 81% | $38,000 | 6,000,000 BUSD | 2021-06-25 |
BUSD | 8 Days | 42% | $36,000 | 6,000,000 BUSD | 2021-06-25 |
BUSD | 15 Days | 15% | $32,000 | 6,000,000 BUSD | 2021-07-02 |
BUSD | 29 Days | 17% | $32,000 | 3,000,000 BUSD | 2021-07-16 |
Target users: Users with idle BUSD or USDT and have a view that BTC price would not fluctuate below the reference strike price by the delivery date, or want to convert BUSD or USDT into BTC at the strike price
At the delivery date, the payoff currency will depend on where the BTC spot price is when compared to the reference strike price.
Earnings Calculation:
Scenario 1)
A user buys a share of a Dual Investment product worth 2 BTC at a strike price of $X and APY of Y%.
Scenario 2)
A user buys a share of a Dual Investment product worth 1,000 BUSD at a strike price of $X and APY of Y%.
Note:
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
2021-06-16
Trade on-the-go with Binance’s crypto trading app (iOS/Android)
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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.