To become rich easily in the crypto industry, you need to have many trading and investing strategies
If you wisely diversify your assets in investment plans available, the grand total gains you will be making daily or weekly would boost / push up your opportunity of becoming rich.
In dual Investment, you can make up to 150% APR as passive incomes.
Dual Investment gives you an opportunity to buy or sell cryptocurrency at your desired price and date in the future, while earning high rewards no matter which direction the market goes. Dual Investment is one of the Binance earn products.
This is for you if you are among any of these categories:
. HODLers, high-net-worth individuals who want higher rewards than saving or staking.
• Miners who need to sell their inventory at relatively higher prices.
• Users who want to earn higher
Why should I use Dual Investment?
Whether you’re an advanced trader or simply a HODLer that wants to earn some extra rewards, there are many different reasons why you may decide to use Dual Investment.
What are the benefits of using Dual Investment?
1 • Buy Low or Sell High: You can buy crypto at a lower price or sell crypto at a higher price;
2• High Rewards: You’ll earn a high passive income no matter which direction the market goes;
3• Wide Selection: You can choose from a wide variety of assets and set the target date and price to your liking;
4• No Trading Fees: Zero trading fees when the target is reached and the “Buy Low” or “Sell High” product is filled.
5. Upgrade Your VIP Level
Some of the most common scenarios include:
•Take profit: Sell your crypto holding at a Target Price to realize some of your gains while benefiting from additional rewards;
•Buy the dips: Buy crypto at a Target Price when the market is down, and enjoy additional rewards;
•Grow more crypto: You have crypto and want to earn additional returns while holding onto them;
•Grow more stablecoin: You have stablecoins and want to earn additional returns while holding onto them.
How do “Buy Low” and “Sell High” products work?
There are two types of Dual Investment products: “Buy Low” and “Sell High”.Buy Low products give you a chance to buy your desired crypto at a lower price in the future with digital assets.
Example: Buy Low BTC with USDT, Deposit USDT
- Target Reached: On the Settlement Date, if the Market Price is at or below the Target Price, the target currency (BTC) will be bought
- Target Not Reached: On the Settlement Date, if the Market Price is above the Target Price, then you will keep your deposited digital asset (USDT)Example: Buy Low BTC with ETH, Deposit ETH
- Target Reached: On the Settlement Date, if the Market Price is at or below the Target Price, the target currency (BTC) will be boughtOn the other hand, Sell High products give you a chance to sell your existing crypto at a higher price in the future for digital assets.
Example: Sell High BNB for USDT, Deposit BNB
- Target Reached: On the Settlement Date, if the Market Price is at or above the Target Price, your BNB will be sold for your target currency (USDT)
- Target Not Reached: On the Settlement Date, if the Market Price is below the Target Price, then you will keep your BNBExample: Sell High BNB for ETH, Deposit BNB- Target Reached: On the Settlement Date, if the Market Price is at or above the Target Price, your BNB will be sold for your target currency (ETH)
- Target Not Reached: On the Settlement Date, if the Market Price is below the Target Price, then you will keep your deposited digital asset (BNB)In both scenarios, you will first earn rewards in your deposited digital asset (BNB).
Once the Target Price is reached, your subscription amount and the rewards earned will be sold for your target currency.
What is the Beginner's Mode in Dual Investment?
Beginner's Mode is designed for new Dual Investment users. It provides a step-by-step guide to help you through the Dual Investment subscription process. You can turn on or off the Beginner Mode with the toggle button.
SUMMARIZED SAMPLES
Ex:
I am hoping to buy 1 BNB at 330 USDT. I subscribed to BNB Dual Investment "Buy Low" product with a $330 Target Price to buy BNB. At the settlement Date, the BNB price is $345. How much will I receive at the end?
Answer: 330 USDT + interest yield in USDT
Ex:
I am hoping to sell my 1 BTC for 52,000 BUSD. I subscribed to the BTC Dual Investment "Sell High" product with a $52,000 Target Price to sell BTC. At the Settlement Date, the BTC price is $52,500. How much will I receive at the end?
Answer: 52,000 BUSD+ interest yield in BUSD
Finally, Dual Investment is a yield enhancement non-principal protected higher risk/reward.
Rewards are distributed in deposit currency or target currency, depending on whether the target price is reached
How to access Dual Investment on Binance
Go to dual Investment landing page here
https://www.binance.com/en/dual-investment
OR,
Using Binance app, go to Earn>dual Investment>select your choice of asset from the lists
You are expected to answer some quiz before continuing the subscription.
Meanwhile, all the answers to the quiz are contained in this article...just 6 simple questions which you can redo in case you fail any until you get it right.
NEXT select beginner mode or continue without the toggle on, I already explained the important of beginner mode above.
Then Select to buy low or sell high, follow the instructions to complete the process
FINALLY, confirm your subscription by subscribing.
If you have additional questions, you can ask in the comment sections.
Always Do your own research before making any investment decision.
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