Crypto world is a highly volatile and fast-evolving space. The price swings range from a few to multiple percentage points. Keeping in mind the volatility and major price swings, Binance has come up with a rather interesting investment product called Binance Dual Investment.
As per Binance, you bet on the direction of the market, commit your crypto, and lock in a yield. Regardless of your position, you’ll earn an enhanced yield based on two assets. There are two types of Dual Investment products: “Up-and-Exercised” and “Down-and-Exercised”.
1. For Up-and-Exercised products
If the Settlement Price is above (up) the Strike Price, the product is “exercised”
The product is “exercised” if Settlement Price is greater than or equal to Strike Price
The product is “not exercised” if Settlement Price is lesser than Strike Price
2. For Down-and-Exercised products
If the Settlement Price is below (down) the Strike Price, the product is “exercised”.
The product is “exercised” if Settlement Price is lesser than or equal to Strike Price
The product is “not exercised” if Settlement Price is greater than Strike Price For both types of Dual Investment products, you will receive the returns in deposit currency if the product is not exercised. You will receive the returns in alternate currency if the product is exercised.
Click on the link to explore the dual investment product https://www.binance.com/en/dual
Watch the video for a better understanding of the product. Please DYOR. This is not trading advice.
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