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Binance Adds XRP to Dual Investment & Launches New Dual Investment Products (2022-10-04)

Binance Adds XRP to Dual Investment & Launches New Dual Investment Products (2022-10-04)

2022-10-04 03:05
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is pleased to add XRP to our list of Dual Investment products. We are also launching 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: 2022-10-04 10:00 (UTC)
  • Subscription Format: First-come, first-served basis
  • Check out the new Target Prices and Settlement Dates in the link below
Earn Rewards with Dual Investment!
Dual Investment provides access to Buy Low and 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.
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
2022-10-11
2022-10-29
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
BUSD & USDT
BTC, ETH, SOL, MATIC, ADA, BNB, DOT, BCH, AVAX, FTM, ALGO, NEAR, ATOM
2022-10-11
2022-10-29
The Deposit Currency APR for Dual Investment products in this announcement ranges from 4% to 179%.
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 (“Target Price”) and desired date (“Settlement Date”) to buy or sell.
  • Input your subscription amount.
  • Choose to enable or disable the Dual Investment Auto-Compound feature with the toggle button and complete the subscription.
Do check out our Dual Investment Beginner Mode 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:
  • Dual Investment may stop accepting new subscriptions at any time.
  • APR 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 used to subscribe to a Dual Investment product.
  • Settlement Date refers to the date on which transactions and redemption will take place.
Thanks for your support!
Binance Team
2022-10-04
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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.
Risk Warning: Digital asset prices can be volatile. The value of your investment can go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. For Dual Investment products, your return is fixed at the Deposit Currency APR, which refers to cryptocurrency rewards in the Deposit Currency, not actual or predicted returns in fiat or the Target Currency. You may be better off holding your cryptocurrency, and may be required to trade at a rate less favourable than the market rate on the Settlement Date. Not financial advice. For more information, see our Terms of Use and Risk Warning.