A Comprehensive Guide to Dual Currency Investment — Become a Crypto Rentier!
For many investors in the crypto industry, this may be the first time hearing about 'Dual Currency Investment', or they may have some vague understanding of the concept.
Recently, Binance Square held an AMA on 双币投资的AMA, explaining its underlying mechanism and some tips for beginners.
The guests for this session were: Data Trader, creator of Binance Square Chain Research Society, crypto options player, Weibo finance KOL Longxin Yan, and Binance finance Vivian. Below is the essence of the AMA:
🔥 What is Dual Currency Investment?
Longxin Yan:
"Dual Currency Investment is a passive financial tool, operating similarly to the deposit mechanism in real estate transactions. For example, if you want to buy a second-hand house, you need to pay a deposit to lock in the price and prevent default during settlement. In dual currency investment:
Recently, Binance Square held an AMA on 双币投资的AMA, explaining its underlying mechanism and some tips for beginners.
The guests for this session were: Data Trader, creator of Binance Square Chain Research Society, crypto options player, Weibo finance KOL Longxin Yan, and Binance finance Vivian. Below is the essence of the AMA:
🔥 What is Dual Currency Investment?
Longxin Yan:
"Dual Currency Investment is a passive financial tool, operating similarly to the deposit mechanism in real estate transactions. For example, if you want to buy a second-hand house, you need to pay a deposit to lock in the price and prevent default during settlement. In dual currency investment:
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