What is Bespoke Dual Investment and How to Use It?
2024-09-06 12:00
What is Bespoke Dual Investment?
Frequently Asked Questions
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1. What is Bespoke Dual Investment?
Dual Investment allows you to buy or sell cryptocurrency in the future while earning rewards regardless of market direction.
Binance Bespoke Dual Investment takes it a step further by allowing you to request a quote for the instruments with a wider range of tokens, customized target prices, and flexible settlement dates.
Bespoke Dual Investment is the ideal choice if you want the flexibility of customized target prices and a wider selection of tokens.
Bespoke Dual Investment is suitable for both advanced traders and HODLers who want to earn extra rewards. Here are several benefit of using Bespoke Dual Investment over regular Dual Investment:
Customized Investment: Tailor your investment by selecting your preferred target price, settlement date, and subscription amount.
Better Liquidity: Benefit from better liquidity compared to regular Dual Investment.
Block Trade: Get access to block trading opportunities, with up to $20 Million per order
3. How to Subscribe to Bespoke Dual Investment on the Website?
Step 1: Get access to the Bespoke Dual Investment page. Go to [Earn] - [Advanced Earn] - [Bespoke Dual Investment].
Step 2: Choose Direction of “Sell High” or “Buy Low”.
Step 3: Input your investment details in the designated fields, and select [Request for Quote].
Step 4: Review the competitive APR and complete the subscription.
4. How can I view my subscription on the Website?
Go to [Orders] - [Earn History] - [Dual Investment]. Here you can view your current subscription and redemption items.
5. How to Subscribe to Bespoke Dual Investment via Binance App?
Step 1: Tap [Earn] on the Binance App homepage.
Step 2: Tap [High Yield] - [Dual Investment].
Step 3: Choose [Bespoke Dual Investment] and start the subscription.
1. Who can use Bespoke Dual Investment?
Bespoke Dual Investment is available to all users with an equivalent balance exceeding $300,000.
2. Are there any trading fees?
There are no trading fees when the target price is reached and the “Buy Low” or “Sell High” product is filled.
3. What token, target price, and settlement date are supported?
Bespoke Dual Investment supports more than thirty tokens. Please refer to the Bespoke Dual Investment page for the full list of tokens.
Users can customize their target prices and settlement dates according to their trading needs.
4. What are the minimum and maximum subscription amounts?
The maximum and minimum subscription amount will differ from token to token. It will depend on the token you select.
5. How are my returns calculated?
Rewards = Subscription Amount * [APY% * Subscription Period (in days) / 365]
The following summarizes the calculation of the total amount you will receive in different scenarios:
Buy Low – Two possible scenarios on the Settlement Date:
Target Price is reached:
(Subscription Amount + Rewards) / Target Price
Target Price is not reached:
Subscription Amount + Reward
Sell High – Two possible scenarios on the Settlement Date:
Target Price is reached:
(Subscription Amount + Rewards) * Target Price
Target Price is not reached:
Subscription Amount + Rewards
For example: You subscribe BTC Buy Low at 60,000 using 1,000 USDT and the APY is 85.3% on 2024-02-14. The settlement date is on 2024-02-16 and the Target Price is not reached.
Each subscribed product has a Settlement Date. We will take the average of the Market Price in the last 30 minutes before 08:00 UTC on the Settlement Date as the Fixing Price.
Your investment Rewards will be calculated on the Settlement Date at 08:00 UTC based on the Fixing Price and the Target Price. Your rewards will be distributed into your Spot Wallet within 4 hours, by 12:00 UTC.
7. Are Target Price, Settlement Date, and APR fixed?
Once the subscription is completed, your Target Price, Settlement Date, and APY will be fixed. You will not be able to revise these terms.
You can review your Target Price, Settlement Date, and APY from [Assets] - [Earn] - [Dual Investment].
8. Can I edit, cancel, or redeem my subscription before the settlement?
Unfortunately, you cannot edit, cancel, or redeem your subscription before the settlement once you subscribe. Please read through the product terms carefully before subscribing.
Disclaimer: The FAQ “What Is Binance Bespoke Dual Investment” may have been translated and published in different languages. In the event of any inconsistency, misstatements, omissions, or errors appearing in any translated version, this English version shall prevail.
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