SUMMARY Q&A In Dual Investment To assist you in passing it's corresponding quizzes
Q1) What kind of product is Dual Investment?
Answer: Investment product where users have a chance to sell high or buy low at their desired target price on the desired settlement date while earning additional crypto rewards. Dual Investment does not guarantee a minimum return
Q2) Which statement about the Dual Investment Auto-Compound feature is correct?
Answer: The Auto-Compound feature helps users to automatically renew their Dual Investment subscriptions on the Settlement Date
Q3) What are the risks of Dual Investment?
Answer: The risk is that if the market price on the Settlement Date goes far below my Target Price to buy, I am buying at a relatively higher price and vice-versa
Q4) Which statement about the Dual Investment Auto-Compound feature is not correct?
Answer: The Auto-Compound feature comes with no additional risk involved
Q5) What is a benefit of using Dual Investment?
Answer: Earning High Rewards
Q6) For which scenario can users use Dual Investment?
Answer: Both A and B are correct
NB:
To understand scenario A and B, read this article: https://www.binance.com/en/feed/post/1120102?ref=114597231&utm_campaign=app_share_link article
Q7) Which asset is not available in Dual Investment?
Answer: SHIB
Q8) In which wallet can users find their active Dual Investment subscription?
Answer: Earn Wallet
Q9 ) In what wallet will I see my returns from dual investment after it expires?
Answer: Spot wallet
Q10) What is the Target Price and Settlement Date in Dual Investment?
Answer: Target Price = the price at which I want to buy or sell cryptocurrency, Settlement Date = the date at which I want to buy or sell cryptocurrency
Q11) I am hoping to buy 1 BNB at 210 USDT. I subscribed to BNB Dual Investment “Buy Low” product with a $210 Target Price to buy BNB. At the settlement Date, the BNB price is $250. How much will I receive at the end?
Answer: 1 BNB + interest yield in BNB
Q12) Add your last question
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