Binance Adds USDC on Its Dual Investment Service

Binance,
the
popular
cryptocurrency
exchange,
has
recently
introduced
USDC
on
its
Dual
Investment
platform,
expanding
the
range
of
investment
opportunities
available
to
users.
With
this
new
addition,
users
can
now
engage
in
Buy
Low
&
Sell
High
products
with
a
selection
of
USDC
pairs,
enabling
them
to
earn
rewards
on
a
variety
of
popular
cryptocurrencies.

Dual
Investment
on
Binance
allows
users
to
set
their
desired
price
and
settlement
date
for
buying
or
selling
cryptocurrencies
in
the
future
without
any
fees.
This
feature
provides
flexibility
and
potential
rewards
for
users
who
want
to
accumulate
high
returns
on
their
cryptocurrency
holdings
or
buy
cryptocurrencies
at
a
lower
price
compared
to
the
market
rate.

The
Sell
High
option
is
suitable
for
users
who
aim
to
accumulate
higher
rewards
on
their
cryptocurrency
holdings
or
sell
their
deposit
currency
for
a
higher
price
in
the
future.
The
supported
deposit
currencies
for
Sell
High
include
BTC,
ETH,
BNB,
SOL,
XRP,
DOGE,
LTC,
MATIC,
ADA,
DOT,
ATOM,
AVAX,
FTM,
NEAR,
ALGO,
or
BCH,
with
settlement
dates
ranging
from
May
10th
to
June
28th,
2024.

On
the
other
hand,
the
Buy
Low
option
caters
to
users
who
are
looking
to
accumulate
higher
rewards
on
stablecoin
holdings
or
purchase
cryptocurrencies
at
a
lower
price
in
the
future.
The
supported
deposit
currency
for
Buy
Low
is
USDC,
and
the
settlement
dates
align
with
those
available
for
Sell
High.

To
get
started
with
Dual
Investment
on
Binance,
users
can
follow
these
steps:

• 
  
  Go
  to
  the
  Dual
  Investment
  page
  on
  the
  Binance
  platform.
• 
  
  Select
  the
  cryptocurrency
  they
  wish
  to
  buy
  or
  sell.
• 
  
  Choose
  between
  the “Sell
  High”
  or “Buy
  Low”
  option.
• 
  
  Set
  the
  desired
  price
  (“Target
  Price”)
  and
  settlement
  date
  (“Settlement
  Date”).
• 
  
  Input
  the
  subscription
  amount.
• 
  
  Enable
  or
  disable
  the
  Dual
  Investment
  Auto-Compound
  feature.
• 
  
  Complete
  the
  subscription
  process.

It’s
worth
noting
that
Dual
Investment
may
stop
accepting
new
subscriptions
at
any
time,
and
the
APR
(Annual
Percentage
Rate)
is
subject
to
real-time
changes
based
on
market
fluctuations
before
the
subscription.
Once
the
subscription
is
confirmed,
the
APR
will
be
locked
in.

Binance
encourages
users
to
visit
the
Dual
Investment
Beginner
Mode,
which
provides
a
step-by-step
guide
to
the
subscription
process
and
offers
a
glossary
and
detailed
calculation
methodology
for
a
better
understanding
of
the
Dual
Investment
products.

Disclaimer:
As
with
any
investment
in
digital
assets,
prices
can
be
volatile,
and
the
value
of
investments
may
fluctuate.
Users
are
solely
responsible
for
their
investment
decisions,
and
Binance
is
not
liable
for
any
losses
incurred.
The
returns
for
Dual
Investment
products
are
fixed
at
the
Deposit
Currency
APR,
which
refers
to
cryptocurrency
rewards
in
the
Deposit
Currency,
not
actual
or
predicted
returns
in
fiat
or
the
Target
Currency.

Overall,
the
addition
of
USDC
on
Binance’s
Dual
Investment
platform
expands
the
investment
options
for
users,
providing
them
with
more
opportunities
to
earn
rewards
on
popular
cryptocurrencies.

Image
source:
Shutterstock

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