Will-123
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Dear Binancians, if you are just starting to trade, I recommend that before you start using high-performance tools, which of course carry risks for your investment, study and analyze everything first.
Here is a theory about Dual Investment.
Basically, Binance allows users to use this financial product to earn additional returns while setting target prices for buying or selling cryptocurrencies in the future. Essentially, you choose a target price and a settlement date, and if the market price reaches your target price on the settlement date, your investment converts to the other cryptocurrency at the target price, generating interest in the process.
How Dual Investment works
1. Select the product:
You can choose between Buy Low or "Sell High.
Buy Low: If you believe that the price of a cryptocurrency will decrease, you can set a lower target price, and if it is reached, you will buy the cryptocurrency at that lower price, earning interest in the meantime.
Sell High: If you expect the price of a cryptocurrency to rise, you can set a higher target price, and if it is reached, you will sell your cryptocurrency at that higher price, also earning interest.
2. Choose a target price and settlement date:
You must define the price at which you want to buy or sell and the date when it will be checked if that price has been reached.
3. Subscribe to the investment:
You make the subscription with the desired amount of cryptocurrency.
4. Earn returns:
During the subscription period, you earn interest on your funds, regardless of whether the target price is reached or not.
5. Settlement:
On the settlement date, the market price is compared with your target price. If it is reached, your investment converts to the other cryptocurrency at the target price. If it is not reached, your funds remain in the original currency, and you receive the return, and our largest community of Binancians will celebrate its birthday.
Here is a theory about Dual Investment.
Basically, Binance allows users to use this financial product to earn additional returns while setting target prices for buying or selling cryptocurrencies in the future. Essentially, you choose a target price and a settlement date, and if the market price reaches your target price on the settlement date, your investment converts to the other cryptocurrency at the target price, generating interest in the process.
How Dual Investment works
1. Select the product:
You can choose between Buy Low or "Sell High.
Buy Low: If you believe that the price of a cryptocurrency will decrease, you can set a lower target price, and if it is reached, you will buy the cryptocurrency at that lower price, earning interest in the meantime.
Sell High: If you expect the price of a cryptocurrency to rise, you can set a higher target price, and if it is reached, you will sell your cryptocurrency at that higher price, also earning interest.
2. Choose a target price and settlement date:
You must define the price at which you want to buy or sell and the date when it will be checked if that price has been reached.
3. Subscribe to the investment:
You make the subscription with the desired amount of cryptocurrency.
4. Earn returns:
During the subscription period, you earn interest on your funds, regardless of whether the target price is reached or not.
5. Settlement:
On the settlement date, the market price is compared with your target price. If it is reached, your investment converts to the other cryptocurrency at the target price. If it is not reached, your funds remain in the original currency, and you receive the return, and our largest community of Binancians will celebrate its birthday.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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