Understand dual currency investment at a glance, the logic is very simple. (A must-learn for beginners)
For example, if you think BTC is too expensive at 100,000 now and want to wait for it to drop to 90,000 before buying. If you use a regular limit order, your money will just sit idle there. But if you use dual currency investment, your funds can still earn interest during the waiting period, and the annualized interest rate is usually much higher than ordinary financial products.
Two ways to play dual currency investment (buy low / sell high):
• Buy low (similar to bottom fishing): As mentioned above, set a target price below the current price to buy coins. If the transaction is successful, you buy at a low price + earn interest; if not, your principal is returned + you still get the interest.
• Sell high (similar to taking profit): Conversely, set a target price above the current price to sell coins. If the transaction is successful, you sell at a high price + earn interest; if not, you get back the tokens + still receive the interest.
Currently, @binancezh's dual currency investment supports various mainstream currencies such as BTC, ETH, BNB, SOL, etc. This method is quite suitable for those with clear buy/sell points, while also increasing the utilization of funds to earn some interest. Moreover, dual currency investment is highly flexible, allowing you to freely choose according to your needs (target price / settlement date / currency type).