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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.
2. How do “Buy Low” and “Sell High” products work?
There are two types of Bespoke Dual Investment products: “Buy Low” and “Sell High”.
Buy Low
Buy Low gives you a chance to buy crypto at the target price on a future date while earning rewards regardless of the market direction.
Example:
Current BTC price: $60,000
Target Price: $50,000 (to buy BTC with USDT in 2 weeks).
If Target Price is not reached (Settlement Price ≥ Target Price): You won’t buy BTC and will receive your subscription amount and rewards in USDT.
If Target Price is reached (Settlement Price ≤ Target Price): You will buy BTC at $50,000 using your subscription amount and rewards.
Sell High
Sell High gives you a chance to sell crypto at the target price on a future date while earning rewards regardless of the market direction.
Example:
Current BTC price: $60,000
Target Price: $80,000 (to sell BTC into USDT in 2 weeks).
If Target Price is reached (Settlement Price ≥ the Target Price): You will sell your BTC, including the subscription amount and rewards, at $80,000 into USDT.
If Target Price is not reached (Settlement Price ≤ Target Price): You won’t sell BTC and will receive your subscription amount and rewards in BTC.
3. Who can use Bespoke Dual Investment?
Bespoke Dual Investment is available to all users with an equivalent balance exceeding 300,000 USDT.
4. What are the benefits of using Bespoke Dual Investment?
Bespoke: Customize the target price, date, and subscription amount to your liking;
Buy Low or Sell High: Purchase crypto at a lower price or sell it at a higher price.
High Rewards: Earn high passive income regardless of market direction.
Wide Selection: Choose from various assets.
No Trading Fees: Enjoy zero trading fees when the target is reached and the “Buy Low” or “Sell High” product is filled.
5. Are there any risks associated with Bespoke Dual Investment?
Bespoke Dual Investment, while versatile and potentially profitable, still requires an understanding of the risks involved:
Market Price Volatility Risk: The market could move in an unforeseen direction, leading to missed opportunities. If the price moves further away from the Target Price, you end up losing the opportunity to buy or sell at a more favorable price.
Less Flexibility: Once subscribed, your funds will be locked up and you won’t be able to access your funds until the Settlement Date.
Important Note: Bespoke Dual Investment is not a risk-free investment. Please read through the product terms carefully before making your investment. Binance is not liable for any losses incurred from price fluctuations.
6. How to Subscribe to Bespoke Dual Investment
Step 1: Get access to the Bespoke Dual Investment page. Go to [Earn] - [High Yield] - [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.
7. How can I view my subscription?
Go to [Orders] - [Earn History] - [Dual Investment]. Here you can view your current subscription and redemption items.
1. When should I use Bespoke Dual Investment?
Bespoke Dual investment is suitable for both advanced traders and HODLers who want to earn extra rewards, there are many different reasons why you may decide to use Dual Investment. Some of the most common scenarios include:
Take profit: Sell your crypto holdings at a Target Price to realize investment gains while earning from additional rewards.
Buy the dips: Purchase crypto at a Target Price when the market is down, benefiting from extra rewards.
Grow more crypto: Hold crypto and earn additional returns simultaneously.
Grow more stablecoin: Hold stablecoins and earn additional returns.
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 Settlement Price.
Your investment Rewards will be calculated on the Settlement Date at 08:00 UTC based on the Settlement Price and the Target Price. Your rewards will be distributed into your Spot Wallet within 6 hours, by 14:00 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. What are “Alternative Currency”, “Deposit Currency”, “Settlement Date”, “Settlement Price”, “Subscription Amount”, “Subscription Period”, “Target Price”, and “Target Currency”?
Subscription Amount
The amount deposited when subscribing to Dual Investment. This amount will be used to buy or sell crypto.
Target Price
A set price at which you want to buy or sell cryptocurrency.
Settlement Date
A set date at which you want to buy or sell cryptocurrency. You will also receive your Rewards on this date.
Deposit Currency
The currency used to subscribe to a Dual Investment product.
Target Currency
The asset you will receive if the Target Price is reached.
Subscription Period/Duration
The number of days from the day of the subscription until the Settlement Date.
Settlement Price
The average Market Price in the last 30 minutes before 08:00 (UTC) on the Settlement Date. The Settlement Price and Target Price determine if your investment will be converted into the Target Currency.
9. 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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