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How I converted USDC to USDT with profit or why I always check the terms of binary investment.

So, I had USDC.

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

- I bought BTC at a price of 103000, and I wanted to sell it at a price of 103100, but the price dropped 🤦🏻‍♀️

- I didn't want to wait and checked the terms of binary investment. There was an offer: sell BTC for USDT at a price of 103500 or get a fixed 82%. The closing period was 3 days. I liked both options (I thought BTC would rise) and signed.

- On the settlement date, the price was about 103400 - I received BTC + 82% annual interest. And I sold it a few hours later at a price of 106000+ 😉

Now I check the terms in binary investment every day - I’m waiting for the next profitable offer.

Attention! In binary investment, the risks are higher than just ERN. According to my understanding (it is not certain that this is the case), Binance offers a high percentage on sales as the price is sure to be met and exceeded. That is, they are supposed not to need to calculate the percentage so it is high this way.

And my case confirms this: if the settlement point had been after two hours, I wouldn't have received 82%.

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