Binance Dual Investment - Explained
Crypto world is a highly volatile and fast-evolving space. The price swings range from a few to multiple percentage points. Keeping in mind the volatility and major price swings, Binance has come up with a rather interesting investment product called Binance Dual Investment.
As per Binance, you bet on the direction of the market, commit your crypto, and lock in a yield. Regardless of your position, you’ll earn an enhanced yield based on two assets. There are two types of Dual Investment products: “Up-and-Exercised” and “Down-and-Exercised”.
- For Up-and-Exercised products
If the Settlement Price is above (up) the Strike Price, the product is “exercised”
The product is “exercised” if Settlement Price is greater than or equal to Strike Price
The product is “not exercised” if Settlement Price is lesser than Strike Price
- For Down-and-Exercised products
If the Settlement Price is below (down) the Strike Price, the product is “exercised”.
The product is “exercised” if Settlement Price is lesser than or equal to Strike Price
The product is “not exercised” if Settlement Price is greater than Strike Price For both types of Dual Investment products, you will receive the returns in deposit currency if the product is not exercised. You will receive the returns in alternate currency if the product is exercised.
Click on the link to explore the dual investment product https://www.binance.com/en/dual
Watch the video for a better understanding of the product. Please DYOR. This is not trading advice.
I need your love and support. Please give it a like or follow or subscribe so that I can keep writing what I love.
Socials
Twitter Youtube Odysee Publish0x Read.cash Substack Medium Loop Medium Torum Presearch Noisecash
Crypto Taps Pipeflare, GlobalHive, GetZen for some free crypto
Exchange on SwapSpace
For price updates, check Coinmarketcap or download the app on Apple/ Google
Join CoinMarketCap for Airdrops, Diamonds, Learn&Earn
On Telegram, Telegram(EN), Twitter, Reddit, Instagram, Facebook
Create your crypto Watchlist or track your Portfolio on Coinmarketcap
(Please note - This article will also show under my alter ego - Cyek)
Electronic-terrorism, voice to skull and neuro monitoring on Hive and Steem. You can ignore this, but your going to wish you didnt soon. This is happening whether you believe it or not. https://ecency.com/fyrstikken/@fairandbalanced/i-am-the-only-motherfucker-on-the-internet-pointing-to-a-direct-source-for-voice-to-skull-electronic-terrorism
Nice information.i don't know about the dual investment but you just explained it well. I have binance account,I will try it.thanks for the update
Posted Using LeoFinance Beta