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Binance Adds USDC on Dual Investment
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is excited to announce that USDC has been added to Binance Dual Investment.
USDC Dual Investment:
Buy Low & Sell High Products: BTC/USDC, ETH/USDC, BNB/USDC and 13 more USDC pairs.
Subscription: On a first-come, first-served basis.
Target Prices and Settlement Dates outlined below.
Dual Investment provides access to Buy Low and Sell High products with users’ selected price at the selected date in the future, without any fees. Users can subscribe to Dual Investment products to enjoy rewards on a selection of popular cryptocurrencies.
SELL HIGH
Target Users:
Users who want to accumulate high rewards on the cryptocurrency holdings, or
Users who want to sell the Deposit Currency for a higher price in the future, compared to the market price on the subscription date
Deposit Currency | Sell For | Settlement Dates |
BTC, ETH, BNB, SOL, XRP, DOGE, LTC, MATIC, ADA, DOT, ATOM, AVAX, FTM, NEAR, ALGO, or BCH | USDC | 2024-05-10 2024-05-14 2024-05-17 2024-05-21 2024-05-24 2024-05-28 2024-05-31 2024-06-04 2024-06-07 2024-06-28 |
BUY LOW
Target Users:
Users who want to accumulate high rewards on stablecoin holdings, or
Users who want to buy a cryptocurrency for a lower price in the future, compared to the market price on the subscription date
Deposit Currency | Cryptocurrency to Buy | Settlement Dates |
USDC | BTC, ETH, BNB, SOL, XRP, DOGE, LTC, MATIC, ADA, DOT, ATOM, AVAX, FTM, NEAR, ALGO, or BCH | 2024-05-10 2024-05-14 2024-05-17 2024-05-21 2024-05-24 2024-05-28 2024-05-31 2024-06-04 2024-06-07 2024-06-28 |
How to Get Started with Dual Investment:
Go to the Dual Investment page.
Select the cryptocurrency you would like to buy or sell.
Choose whether you want to “Sell High” or “Buy Low”.
Select your desired price (“Target Price”) and desired date (“Settlement Date”) to buy or sell.
Input your subscription amount.
Choose to enable or disable the Dual Investment Auto-Compound feature with the toggle button and complete the subscription.
Do check out the Dual Investment Beginner Modeto get a step-by-step guide through the subscription process for Dual Investment products.
More information about Dual Investment, including a glossary and detailed calculation methodology, can be found here.
Notes:
Dual Investment may stop accepting new subscriptions at any time.
APR will change in real-time depending on market fluctuation before the subscription, but will be locked in once the subscription is confirmed.
Dual Investment products cannot be redeemed before the Settlement Date.
Deposit Currency refers to the currency used to subscribe to a Dual Investment product.
Settlement Date refers to the date on which transactions and redemption will take place.
There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thanks for your support!
Binance Team
2024-05-09
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