{"id":4387,"date":"2022-06-18T11:08:36","date_gmt":"2022-06-18T04:08:36","guid":{"rendered":"https:\/\/wikibinance.com\/?p=3722"},"modified":"2022-12-14T11:47:21","modified_gmt":"2022-12-14T04:47:21","slug":"binance-dual-investment","status":"publish","type":"post","link":"https:\/\/wikibinance.com\/en\/basic-binance\/binance-dual-investment.html","title":{"rendered":"What is Binance Dual Investment? Product classification"},"content":{"rendered":"<h2>What is Binance\u00a0Dual Investment?<\/h2>\n<p><span style=\"font-weight: 400;\"><strong><a href=\"http:\/\/ecoinomic.io\/en\/knowledge\/guide\/binance-sign-up-simple-guide.html\" target=\"_blank\" rel=\"noopener\">Binance<\/a> Dual Investment <\/strong>is a non-principal protected structured saving product, allowing users to deposit cryptocurrencies and earn flexible yield in either two assets. Users will deposit Binance Dual Investment products with different prices, execution dates and interest rates. Interest will be returned to the <a href=\"https:\/\/wikibinance.com\/en\/knowledge\/spot-trading.html\">Spot<\/a> wallet at the date of implementation.<\/span><\/p>\n<h3>Some terms to grasp<\/h3>\n<ul>\n<li><span style=\"font-weight: 400;\">Delivery date \u2013 The day you can get your cryptocurrency back along with the amount of interest earned.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Target Price: The set price at which the unit of the deposit will be converted into an alternative currency if the product is exercised.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Strike price &#8211; The fixed price determines what currency you will be paid.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Settlement price &#8211; The spot price of the underlying asset at 8:00 (UTC) at the delivery date.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Annual Percentage Interest (APY) \u2013 The interest you get if you have locked your cryptocurrency in a <strong>Dual Investment<\/strong> product for a year (including compound interest). For example, if your APY is 36.5%, then your daily estimated interest rate is 36.5%\/365 days = 0.1%.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Underlying assets &#8211; The reference assets in dual investment products. For example, if you submit a BUSD and bet on the BTC price that will go down, then the underlying asset is BTC. Strike price Price, Spot Price and Settlement Price are all tied to the underlying asset.<\/span><\/li>\n<\/ul>\n<h3>Product classification<\/h3>\n<p><span style=\"font-weight: 400;\">There are two types of Binance Dual Investment products: (1) Sell High and (2) Buy Low.<\/span><\/p>\n<h4><span style=\"font-weight: 400;\">Sell High<\/span><\/h4>\n<p><span style=\"font-weight: 400;\">&#8211; The product is &#8220;exercised&#8221; if settlement price \u2265 target price<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; The product is &#8220;not exercised&#8221; if settlement price &lt; target price<\/span><\/p>\n<h4><span style=\"font-weight: 400;\">Buy Low<\/span><\/h4>\n<p><span style=\"font-weight: 400;\">&#8211; The product is &#8220;exercised&#8221; if settlement price \u2264 target price<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&#8211; The product is &#8220;not exercised&#8221; if settlement price &lt; target price<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For both product types, you will receive a profit in deposit currency if the product is not exercised. You will receive a profit in the alternative currency if the product is exercised.<\/span><\/p>\n<figure id=\"attachment_3772\" aria-describedby=\"caption-attachment-3772\" style=\"width: 672px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-3772 \" src=\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/06\/dual-investment-binance-2.jpeg\" alt=\"Binance Dual Investment is is a non-principal protected structured saving product\" width=\"672\" height=\"376\" \/><figcaption id=\"caption-attachment-3772\" class=\"wp-caption-text\">Binance Dual Investment is is a non-principal protected structured saving product<\/figcaption><\/figure>\n<h3 class=\"css-vkkztj\">Benefits of Binance Dual Investment<\/h3>\n<ul class=\"css-19iug37\">\n<li>Buy low or sell high: You can buy cryptocurrencies at low prices or sell cryptocurrencies at high prices;<\/li>\n<li>High interest yields: You will earn a high passive income regardless of which direction the market goes;<\/li>\n<li>Diverse options: You can select from a wide range of assets and set the target date and price you want;<\/li>\n<li>No transaction fees: You don&#8217;t have to pay a trading fee when you reach your goal and the &#8220;Buy Low&#8221; or &#8220;Sell High&#8221; order is executed.<\/li>\n<\/ul>\n<h2>Why should you use Binance Dual Investment?<\/h2>\n<div class=\"css-vkkztj\">Whether you&#8217;re a seasoned trader or a HODLer looking for an extra profit, there are many reasons to use Dual Investment as follows:<\/div>\n<ul class=\"css-19iug37\">\n<li>Take profit: Sell the cryptocurrency that you are holding with target price to benefit from the investment with high yields;<\/li>\n<\/ul>\n<ul>\n<li>Buy low: Buy cryptocurrencies at the target price when the market is down and earn high-interest yields;<\/li>\n<\/ul>\n<ul class=\"css-19iug37\">\n<li>You have multiple products to compare and select at the same time through <a href=\"https:\/\/wikibinance.com\/en\/basic-binance\/binance-earn.html\">Binance Earn set of products;<\/a><\/li>\n<li>Increase your crypto assets: You have cryptocurrencies and want to make more profit;<\/li>\n<li>Increase stablecoins: You have stablecoins and want to make more profit by holding them.<\/li>\n<\/ul>\n<h3>How to calculate profit<\/h3>\n<p><span style=\"font-weight: 400;\">The profit received is based on whether the Binance Dual Investment product is exercised and your subscription amount\u00a0is converted into the alternative currency.<\/span><\/p>\n<h4>For the product to be &#8220;exercised&#8221;<\/h4>\n<p><span style=\"font-weight: 400;\">Your subscription amount and interest income will be converted into alternate currencies with the target price being the conversion rate. The formula below indicates the total amount you will receive:<\/span><\/p>\n<ul>\n<li>High selling:<\/li>\n<\/ul>\n<p>(Subscription amount * Target price) * [1+ (% APY * Deposit Days \/ 365)]<\/p>\n<ul>\n<li>Buy low:<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">(Subscription amount \/ Target price) * [1 + (APY% * Deposit Days \/ 365)]<\/span><\/p>\n<h4>For products that are &#8220;not exercised&#8221;<\/h4>\n<p><span style=\"font-weight: 400;\">The your subscription amount and interest income will not be converted and you will receive in deposit currency. The formula below indicates the total amount you will receive:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Subscription amount * [1 + (APY% * Deposit Days \/ 365)]<\/span><\/p>\n<h3>Notes when investing in Binance Dual Investment<\/h3>\n<h4>Is the target price and APY fixed?<\/h4>\n<p><span style=\"font-weight: 400;\">The target price is fixed and will not change. Sometimes, a new subscription may be temporarily discontinued if the target price is too close to the current reference price.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">APY is always changing and this mainly depends on the target price, the number of remaining deposit days, and also the price movement. After you have signed up for <strong>the Dual Investment<\/strong> product, APY will be locked during the deposit days and will not change.<\/span><\/p>\n<h4>Is it possible to cancel or withdraw the registered capital?<\/h4>\n<p><span style=\"font-weight: 400;\">It is not possible to withdraw early with Dual Investment products and cannot be canceled after registration.<\/span><\/p>\n<h4>When is the profit returned?<\/h4>\n<p><span style=\"font-weight: 400;\">Your investment return will be calculated on the Settlement Date at 08:00 UTC. You will receive your returns in your Spot Wallet within 6 hours.\u00a0<\/span><\/p>\n<h4>How to view trading order history<\/h4>\n<p><span style=\"font-weight: 400;\">You can see the trading history at <\/span> Orders\/Binance Earn\/Dual Investment<\/p>\n<h4>Should I join dual investment or not?<\/h4>\n<ul>\n<li><span style=\"font-weight: 400;\">Orders executed: Losses if the price rises sharply but there is an additional profit.<\/span><\/li>\n<li>If the order is not executed: Preserve the capital and make a profit.<\/li>\n<\/ul>\n<h3>How to use Binance Dual Investment<\/h3>\n<blockquote><p><em>Related: <a href=\"https:\/\/wikibinance.com\/en\/basic-binance\/binance-registration-guide-full-latest-update-2022.html\">Binance Registration Guide update 2022<\/a><\/em><\/p><\/blockquote>\n<p><span style=\"font-weight: 400;\">Step 1: At the Binance App homepage, you select<\/span><strong> Earn<\/strong>\u00a0and then<span style=\"font-weight: 400;\"> choose<\/span><strong>\u00a0Dual Investment<\/strong>.<\/p>\n<figure id=\"attachment_3892\" aria-describedby=\"caption-attachment-3892\" style=\"width: 535px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-3892\" src=\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/06\/tai-danh-sach-earn-chon-dual-investment-3.png\" alt=\"Select Earn\u00a0and then choose\u00a0Dual Investment\" width=\"535\" height=\"462\" \/><figcaption id=\"caption-attachment-3892\" class=\"wp-caption-text\">Select Earn\u00a0and then choose\u00a0Dual Investment<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Step 2: A list of products with specifics will appear for you to register. Look for the cryptocurrency you want to invest in. You will see APY and the current Market Price of the asset. Click on the asset to get started.\u00a0<\/span><\/p>\n<figure id=\"attachment_3732\" aria-describedby=\"caption-attachment-3732\" style=\"width: 508px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-3732 \" src=\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/06\/chon-san-pham-dang-ky-va-nhap-so-tien.png\" alt=\"Choose cryptocurrency\" width=\"508\" height=\"438\" \/><figcaption id=\"caption-attachment-3732\" class=\"wp-caption-text\">Choose cryptocurrency<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">If it&#8217;s your first time participating, Binance will have questions to check, you need to answer them correctly to confirm.<\/span><\/p>\n<figure id=\"attachment_3759\" aria-describedby=\"caption-attachment-3759\" style=\"width: 1047px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-3759 \" src=\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/06\/tra-loi-cau-hoi-cua-dual-investment-binance-3.png\" alt=\"Answer the question of Dual Investment Quiz\" width=\"1047\" height=\"455\" \/><figcaption id=\"caption-attachment-3759\" class=\"wp-caption-text\">Answer the question of Binance Dual Investment Quiz<\/figcaption><\/figure>\n<p>Step 3: Enter the number of cryptocurrencies and agree to Binance&#8217;s terms, you press <strong>Register<\/strong>.<\/p>\n<figure id=\"attachment_3773\" aria-describedby=\"caption-attachment-3773\" style=\"width: 649px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-3773 \" src=\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/06\/Hoan-thanh-dang-ky.png\" alt=\"Complete registration\" width=\"649\" height=\"425\" \/><figcaption id=\"caption-attachment-3773\" class=\"wp-caption-text\">Complete registration<\/figcaption><\/figure>\n<blockquote class=\"wp-embedded-content\" data-secret=\"w4zd9ea9xS\"><p><a href=\"https:\/\/wikibinance.com\/en\/basic-binance\/what-is-binance-liquidity-farming.html\">What is Binance Liquidity Farming?<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; 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Binance Dual Investment is a non-principal protected structured saving product, allowing users to deposit cryptocurrencies and earn flexible yield in either two assets. Users will deposit Binance Dual Investment products with different prices, execution dates and interest rates. Interest will be returned to the Spot wallet at the date of implementation. [&hellip;]<\/p>\n","protected":false},"author":28,"featured_media":8632,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[390],"tags":[2403,1636,2411],"_links":{"self":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts\/4387"}],"collection":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/comments?post=4387"}],"version-history":[{"count":9,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts\/4387\/revisions"}],"predecessor-version":[{"id":89368,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts\/4387\/revisions\/89368"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/media\/8632"}],"wp:attachment":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/media?parent=4387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/categories?post=4387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/tags?post=4387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}