Fellow Binancians,
We are excited to announce that we will be adding ETH products to Dual Investment starting from 2021-09-01 at 10:00 (UTC). Subscribe to Dual Investment products and enjoy a significantly higher interest rate.
- Subscription Starts at: 2021-09-01 10:00 (UTC)
- Subscription Format: First-come, first-served basis.
Up-and-Exercised
Target users: Users who have a view that the price would not fluctuate above the strike price by the delivery date, or want to convert Deposit Currency into Alternate Currency at the strike price
Deposit Currency | Alternate Currency | Strike Price | Delivery Date |
BTC | BUSD | $50,000 | 2021-09-17 |
BTC | BUSD | $51,000 | 2021-09-17 |
BTC | BUSD | $52,500 | 2021-09-17 |
BTC | BUSD | $55,000 | 2021-09-17 |
BTC | BUSD | $57,000 | 2021-09-17 |
BTC | BUSD | $59,500 | 2021-09-17 |
ETH | BUSD | $3,800 | 2021-09-10 |
ETH | BUSD | $3,900 | 2021-09-17 |
ETH | BUSD | $4,100 | 2021-09-17 |
Down-and-Exercised
Target users: Users who have a view that the price would not fluctuate below the strike price by the delivery date, or want to convert Deposit Currency into Alternate Currency at the strike price
Deposit Currency | Alternate Currency | Strike Price | Delivery Date |
USDT & BUSD | BTC | 35,500 | 2021-09-17 |
USDT & BUSD | BTC | 37,500 | 2021-09-17 |
USDT & BUSD | BTC | 40,000 | 2021-09-17 |
USDT & BUSD | BTC | 42,500 | 2021-09-17 |
USDT & BUSD | BTC | 43,500 | 2021-09-17 |
USDT & BUSD | BTC | 45,000 | 2021-09-17 |
USDT & BUSD | ETH | 3,250 | 2021-09-10 |
USDT & BUSD | ETH | 3,000 | 2021-09-17 |
USDT & BUSD | ETH | 3,150 | 2021-09-17 |
Note:
- Introduction to Dual Investment, glossary, and detailed calculation can be found HERE
- The APY will be changing in real-time depending on the market fluctuation before subscription, but will be locked in once the subscription is done
- Dual Investment products cannot be redeemed early
- Deposit Currency - the currency you use to subscribe to a Dual Investment product
- Alternate Currency - the currency you will be receiving if the product is exercised. If the product is not exercised, you will be receiving in Deposit Currency
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
2021-09-01
Find us on
Telegram: https://t.me/binanceexchange
Twitter: https://twitter.com/binance
Facebook: https://www.facebook.com/binance
Instagram: https://www.instagram.com/binance
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.
Telegram: https://t.me/binanceexchange
Twitter: https://twitter.com/binance
Facebook: https://www.facebook.com/binance
Instagram: https://www.instagram.com/binance
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.