Summary

• With dual currency investing, you have opportunities based on your market view Use different strategies.  

• For the less experienced investor, you can easily profit by buying the dip and taking advantage of Earn interest on your cryptocurrency and stablecoin holdings.  

• For sophisticated investors, multiple dual-currency investment positions can be established and take advantage of short-term volatile markets.

Introduction

For users who want to diversify their investments , Binance Finance’s products are a great place to start.  Dual Currency Investing is one of the more advanced ways to make money, providing a way to buy and sell cryptocurrencies at a desired price at a desired date in the future. Regardless of your position and market direction, you will receive high interest income.

Now that we understand the basic concepts, how exactly do you start making money? In fact, there are many ways to use dual currency investing. Each method can complement your trading strategy and market predictions. Let’s take a closer look!

1. Profit

Although profits are unstable, It's always good to make as much profit as possible. With this special dual-currency investment strategy, you can profit from additional returns and realize cryptocurrency gains in the future.

1. Select the High Sell Dual Currency Investment product in Binance Financial. In this example, we will look at the Ethereum (ETH) product. The current price of Ethereum is $2,900 (all prices in BUSD).

2. We set the target price to $3,500 and set the settlement date to one week.  

3. If the target price is reached on the settlement day within a week, we will have the opportunity to sell the deposited Ethereum at the target price. If Ethereum reaches 3,500 BUSD or above on the settlement date, it will be sold for BUSD.

This avoids forgetting to profit or losing due to greed! At the same time, you will also enjoy the annual yield (APY).

4. If your target price is reached on the settlement day, you will still earn APY through the deposited Ethereum and get the Ethereum back.

2. Buy on dips

Buy on dips is another common trading strategy. Take advantage of market downturns. You buy at a lower price with the expectation that when the market recovers, you can sell at a profit. With dual currency investing, you can easily plan for potential future declines while earning additional interest income.

1. Select the Buy Low Dual Currency Investment product in Binance Finance. In this example, we will look at the Bitcoin products that can be purchased with Tether (USDT). Bitcoin’s current price is $39,000.

2. We set the target price of Bitcoin at $36,500, with the settlement date being one week.

3. If on the settlement day, the market price is $36,500 or lower, such as $36,000, then Bitcoin will be bought at the target price. You will also receive interest earned.  

4. If your target price ($36,500) is not reached on the settlement day, you can still earn APY by depositing USDT before withdrawing it.

3. Increase your long-term cryptocurrency holdings

When making a dual-currency investment, you don’t always have to Bet on market trends. In fact, you can get the most out of this product even if the price remains relatively stable or doesn't hit your target price. Here, we just want to get interest returns on cryptocurrencies.

1. Select the High Sell Dual Currency Investment product in Binance Finance. In this example, we will look at the Bitcoin product. Bitcoin’s current price is $39,000.

2. We set the target price of Bitcoin at $40,000, and the settlement date is one week.

2. In order to earn APY easily, we hope that the price of Bitcoin remains stable or falls and the target price is not met.

3. On the settlement date, the price of Bitcoin is $38,000. This means you keep the Bitcoins you top up and get all the interest earned. This makes it easy to earn high interest by holding cryptocurrencies.

4. Increase your stablecoin storage

Many people hold stablecoins in order to earn profits Saved in the blockchain ecosystem. But that doesn’t mean we can’t make money from it. This strategy is similar to the previous one in that we also don't want to hit the target price.

1. Subscribe for the Buy Low Dual Currency Investment product on Binance Financial. In this example, we will look at MATIC products that can be purchased with USDT. The current price of MATIC is $1.20.

2. We set the target price of MATIC to $1.10, and the settlement date is one week.

3. In order to earn stablecoin APY, we hope that the price of MATIC remains stable or rises, and the target price is not reached.

4. On the settlement date, the price of MATIC is $1.22. This means you keep the USDT you deposit and receive interest on the stablecoins earned from it. This makes it easy to earn high interest by holding cryptocurrencies.

5. Compound interest in short-term volatile markets

The four strategies above provide easy ways to earn interest. And based on your strategy, buy or sell at a preset price. However, we also have the opportunity to make more advanced dual-currency investments.

As always, investing carries inherent risks. This strategy is only suitable for experienced investors who are comfortable in volatile markets. With this application, we can predict market volatility but not be sure whether the market is bullish or bearish.

To take advantage of this situation we need to choose a buy low and sell high combination product. Take a look at the following examples.

1. Select the Sell High dual-currency investment product in Binance Financial. In this case, we take the Binance Coin product as an example. The current price of Binance Coin is $395.

2. We set the target price of Binance Coin at $420, and the settlement date is one week.

3. The market is volatile, which means there are two possible outcomes.  

1. If the target price is not reached, you will keep the Binance Coin and the interest earned. You can create a newSell High order to earn more interest or sell at a higher price.  

2. If the target price is reached, you will sell Binance Coin at $420 per unit and earn interest. You can place a Buy Low order now for a chance to buy cryptocurrency at a lower price.  

4. Whenever the target price is reached, please reverse the selection of dual-currency investment products. If the target price is not reached, continue choosing the same direction until the target price is reached.  

5. By operating the market this way, you can continue to buy low and sell high while increasing your returns.

6. Two-way positions

Our final strategy is similar to the previous one, but in this case Next, we open two positions at the same time. To do this, you need to hold two types of tokens: one is a cryptocurrency (like Binance Coin), and the other is a stablecoin (like USDT). Let’s understand together how it would work if the current price of Binance Coin is $390.  

1. Use Binance Coin to subscribe for the Sell High Binance Coin dual-currency investment product with a target price of $420. The settlement date is one week.

2. Use USDT to subscribe for Buy low Binance Coin dual-currency investment products. Set your target price at $360, with a settlement date of one week.

3. Market fluctuations will lead to three possible outcomes: 

1. The target prices of both positions are not reached, and the prices remain Between $360 and $420. In this case, you will keep the Binance Coin and USDT you originally deposited, as well as the interest earned in both currencies.  

2. The price of Binance Coin reaches $420 or above, which means the Sell High position target is reached price. Your Binance Coins and accumulated interest will be sold at $420 per unit, and you will also keep the depositedBuy LowUSDT, as well as the interest earned. In summary, you can profit from selling Binance Coin and accumulate interest on USDT.

3. The price of Binance Coin reaches $360 or below, which means the target price for the Buy Low position is reached. You will buy Binance Coin at the desired price and earn interest, and you will also keep the depositedHigh SellBinance Coin, as well as the interest earned. In short, you can buy Binance Coin at a lower price while also accumulating interest on Binance Coin.

Summary

Dual currency There is more to investing than just earning interest and buying and selling. You can use this product as a way to plan your trading strategy and also earn APY as an added bonus. So if you’re looking for a way to diversify your investments, Dual Currency Investing is a great product to explore.

Disclaimer: Dual-currency investment is not a capital-guaranteed product. The subscription assets are locked and users cannot cancel or redeem them before the settlement date. If the market price is much lower than the target price you bought on the settlement date, you will buy at a price relatively higher than the market price, and vice versa. Binance is not responsible for any losses caused by price fluctuations. Please read the product terms carefully before subscribing.