This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
We are excited to launch a new batch of Dual Investment products with updated Target Prices and Settlement Dates, where users can utilize our Sell High or Buy Low products. .
- Subscription starts at: 2022-06-01 10:00 (UTC)
- Subscription Format: First-come, first-served basis
- Check out the new Target Prices and Settlement Dates in the link below
Dual Investment provides access to Buy Low or Sell High products with your selected price at your selected date in the future, without any fees. Subscribe to Dual Investment products to enjoy rewards on a selection of popular cryptocurrencies.
The Deposit Currency APY* for Dual Investment products in this announcement ranges from 4% to 147%. For Dual Investment products, the reward that you will be able to receive is fixed, and will be distributed according to the advertised Deposit Currency APY*. You may be better off holding your cryptocurrency, and may be required to trade your cryptocurrency at a less favorable rate of exchange than the market rate on Settlement Date. Binance does not assume liability for any losses incurred from price fluctuations.
SELL HIGH
Target users:
- Users who want to accumulate high rewards on the cryptocurrency holdings, or
- Users who want to sell the Deposit Currency for a higher price in the future, compared to the market price on the subscription date
Deposit Currency | Sell For | Settlement Date |
BTC, ETH, SOL, MATIC, ADA, BNB, DOT, BCH, AVAX, FTM, ALGO, NEAR, ATOM | BUSD | 2022-06-07 2022-06-24 |
BUY LOW
Target users:
- Users who want to accumulate high rewards on the stablecoin holdings, or
- Users who want to buy a cryptocurrency for a lower price in the future, compared to the market price on the subscription date
Deposit Currency | Cryptocurrency to Buy | Settlement Date |
USDT & BUSD | BTC, ETH, SOL, MATIC, ADA, BNB, DOT, BCH, AVAX, FTM, ALGO, NEAR, ATOM | 2022-06-07 2022-06-24 |
How to get started with Dual Investment:
- Go to the Dual Investment page.
- Select the cryptocurrency you would like to buy or sell.
- Choose whether you want to SELL HIGH or BUY LOW.
- Select your desired price (âTarget Priceâ) and desired date (âSettlement Dateâ) to buy or sell.
- Input your subscription amount and complete the subscription.
Do check out our newly added Dual Investment Beginner Mode on the web to get a step-by-step guide through the subscription process for Dual Investment products.
More information about Dual Investment, including a glossary and detailed calculation methodology, can be found here.
Note:
- We may stop accepting new subscriptions at any time.
- APY* will change in real-time depending on the market fluctuation before subscription, but will be locked in once the subscription is completed.
- Dual Investment products cannot be redeemed early.
- Deposit Currency refers to the currency you use to subscribe to a Dual Investment product.
- Settlement Date refers to the date on which transactions and redemption will take place.
*APY refers to cryptocurrency rewards in Deposit Currency, not actual or predicted returns in fiat or other cryptocurrency.
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. There may be no recourse for any losses. See risk warnings here: https://www.binance.com/en/terms.
Thanks for your support!
Binance Team
2022-06-01
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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.