$USDC

How I exchanged USDC for USDT with profit or why I always check the conditions of dual investment.

So, I had USDC.

- I saw that the % in ERN on USDT was higher than on USDC. I decided to exchange. But the rate was not 1/1 and I decided to make the exchange through buying/selling BTC.

- I bought BTC at 103000, wanted to sell at 103100, but the price went down 🤦🏻‍♀️

- I didn't want to wait and I checked the conditions of dual investment. There was an offer: sell BTC for USDT at a rate of 103500 or receive 82% fixed. The lock-up was for 3 days. I liked both options (I believed that BTC would rise) and I signed up.

- On the settlement date, the rate was around 103400 - I received BTC + 82% annual interest. And I sold them a couple of hours later at 106000+ 😉

Now I check the conditions in dual every day - I’m waiting for the next profitable offer.

Attention! In dual investment, the risks are higher than in just ERN. In my understanding (not a fact that this is the case), Binance offers a high % on sales where the price will definitely be reached and exceeded. That is, it is assumed that they will not need to accrue the % so it is that high.

And my case confirms this: if the settlement point had been 2 hours later, I would not have received my 82%.