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The world of cryptocurrencies offers a wide range of opportunities, particularly in terms of financial stability and security, and multiple platforms offer a variety of programs to make investing simpler and entice consumers with alluring advantages.
For instance, using the dual investing option on the Binance platform, it is possible to generate a sizable return on investment.
For instance, using the dual investing option on the Binance platform, it is possible to generate a sizable return on investment.
Describe Binance.
In terms of trading volume, Binance is the biggest cryptocurrency exchange in the entire globe. This platform primarily focuses on trading alternative cryptocurrencies, and it offers crypto-to-crypto trading in more than 500 digital currencies and tokens, including Bitcoin (BTC), Ether (ETH), Dogecoin (DOGE), Litecoin (LTC), and its own token, Binance Coin.
Its products consist of an entirely online exchange where users of crypto wallets can store their digital currency. It is a platform that enables users to make money and conduct transactions using cryptocurrency in addition to its trading service.
It's interesting because it promotes users to make financial decisions by offering investment options. Its Dual Investment feature is one of its practical investment strategies.
Who is Binance's CEO ?
The founder and CEO of Binance, the biggest cryptocurrency exchange in the world, is Changpeng Zhao, also known by his initials CZ. His platform supported deals valued at more than $9.5 trillion in 2021.
His cryptocurrency exchange network is projected to be worth $300 billion, which is six times more than the market capitalization of its main rival, Coinbase.
Binance Dual Investment: What is it ?
A financial product and investment service offered by Binance is the Binance Dual Investment, sometimes referred to as Dual Saving.
With the help of this service, users can exchange two assets, either USDT or BTC, for one cryptocurrency, either USDT or BTC, or any other token they choose.
Dual investment has a high fixed return rate despite the volatility of the cryptocurrency market; the final payout is determined by the asset delivered and the strike price.
How do I sign up for Dual Investment on Binance?
You need to have a Binance account in order to effectively register for the Binance Dual investment. You may visit the Finance tab on the account, which displays the Binance Pool and offers a number of options, along with the Dual Investment tab.
For instance, you would see a wide variety of products listed under the Dual Investment category, including BTC, USDT, and BUSD.
How can you profit from Binance Dual Investment?
You can sell your bitcoin holdings at a reasonable price based on your stake thanks to Binance's Sell High Dual Investment capabilities.
For instance, the Sell High Product is deemed sold and settled in BUSD if the settlement price exceeds the target price.
You can sell your current assets with a high rate of interest at settlement using Binance's dual investing program.
Binance Dual Investment: How to Use It.
You may find different Dual Investment products on the Binance Earn website. After that, take the following actions:
Visit the Dual Investment page and choose your desired goods.
Enter the selected investment amount, click "Subscribe," and the funds will be settled on the scheduled settlement day.
Binance Dual Investment terms utilized.
- Settlement date: This is the time period set aside for the redemption of cryptocurrency interest.
- The target price is the criterion used to choose the settlement currency when a dual investment product is entered.
- The average market price thirty minutes prior to the settlement date is the "settlement price."
- The compounded interest is the APY if you lock your interest in cryptocurrency in a Dual Investment contract.
- The deposit currency is what you use to sign up for a Dual Investment package.
- Alternate currency - The currency that will be obtained if the goal price is attained.
How exactly does "Sell High Investment" operate in real life?
In about three weeks, your ultimate BTC settlement price would be at $43,000 plus additional interest if I had, say, 1 BTC and the current price of BTC is $37,123. The target price is set at $39,000 with an APY of roughly 147.3%.
a few hints.
With the Binance Dual Investment program, you can get interest or passive income regardless of how volatile the market is.
If you are a trader who is interested in more than just the fundamentals of cryptocurrency, such as staking or lending, you should think about the Dual Investment on Binance, but only after conducting adequate study.
Tag:
crypto-Invest
