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Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

In 2020, dual-currency investment services were launched, mainly used for futures trading and other businesses. The exchange informed investors that when using dual-currency investment services, they must be reasonably allocated and issued in accordance with the rules of the Binance trading platform, which also allows The majority of investors have learned a new term, which is dual-currency investment. However, there are still a small number of investors who do not know much about Binance dual-currency investment, and do not even know its meaning. So, what exactly is Binance dual-currency investment? What does it mean? Below, the editor of the currency circle will give you a simple explanation of what Binance dual currency investment means?

 What does Binance Dual Currency Investment mean?

Dual-currency investment is the purchase of products through a digital currency (such as BTC). When the product expires, it will be settled in one of the two digital currencies (such as BTC or BUSD) and a financial product with corresponding annualized income will be obtained. Dual-currency financial management is a floating, non-principal-guaranteed financial product with a certain rate of return, but the final settlement will be determined by the settlement price and the linked price. Therefore, the risk mainly lies in the high volatility of market prices. Users are advised to invest cautiously after understanding the risks.

 How to play dual currency investment on Binance?

If you don’t have an account yet, you can create a new account. After logging into Binance’s official website, under [Financial Business] [Binance Financial Management], select [Dual Currency Investment] to enter the product subscription page.

In the currency area, you can see information about different products that can be subscribed for, corresponding to different annualized yields, linked prices and delivery dates.

Example: Take the BTC subscription for BTC/BUSD dual-currency investment as an example:

The product page lists the "pegged price": the pegged price is the index price of BTC anchored to the US dollar, and is the basis for determining whether to settle in BTC or BUSD on the date. If the annualized rate of return is 40%, and the delivery date is October 30, the pegged price is US$12,000, and you can subscribe for 1 BTC of this product.

Situation 1. On the expiration date of the dual-currency investment, if the price of BTC is higher than the peg price of 12,000, the end user will obtain BUSD and convert it to BUSD at the peg price; the user will receive 12,000
BUSD. In addition, the user will receive BUSD income, that is: (12,000  0.40) / 365  30 days of deposit = 394.5 BUSD.

Situation 2. On the expiration date of the dual-currency investment, if the price of BTC on that day is 9,000, which is lower than the linked price, the principal, i.e. BTC, will be directly returned on the delivery day, and the user will still receive the annualized income listed on the product page, that is Get: (1
 0.40) / 365  Deposit days 30 = 0.03288 BTC.

Dual-currency investment floating non-capital-guaranteed financial products, after expiration, the final settlement currency is determined based on the comparison between the currency price at settlement and the linked price, thereby ensuring one of the two digital assets and obtaining income. After settlement on the product maturity date, the assets will be remitted to your spot account within 48 hours. However, please note that once the subscription is successful, the order cannot be canceled and early redemption is not supported before expiration.

The above is an introduction to what Binance dual-currency investment means. Finally, the editor of Binance Circle would like to remind investors that generally speaking, the shorter the settlement date and expiration time, the lower the yield to maturity. In addition, if the linked price is higher, If it is high, the yield to maturity will be relatively reduced, so investors can choose different products according to their own risk preferences. In addition, dual-currency investment allows users to still obtain income when the market fluctuates, while meeting the needs of users for digital asset risk management.