Binance Pool

Binance Pool

Binance Pool will launch the 34th phase of Dual Investment products on 2021-03-17 (UTC).

  • Subscription Format: First-come, first-served basis.
  • Subscription Period: 2021-03-17 4:00 AM – 2021-03-18 4:00 AM (UTC)

Dual Investment Product Details

Digital AssetDaysAnnualized Interest RateRef. Strike Price (USD)LimitDelivery Date
BTC15 Days95%$58,50060 BTC2021-04-02
BTC15 Days68%$61,00060 BTC2021-04-02
BTC15 Days30%$70,00070 BTC2021-04-16
USDT15 Days88%$53,5001,000,000 USDT2021-04-02
USDT15 Days55%$51,0001,000,000 USDT2021-04-02
USDT15 Days69%$53,5001,000,000 USDT2021-04-16
BUSD15 Days88%$53,5001,000,000 BUSD2021-04-02
BUSD15 Days55%$51,0001,000,000 BUSD2021-04-02
BUSD29 Days69%$53,5001,000,000 BUSD2021-04-16

Example: A user buys a share of a Dual Investment product worth 1 BTC (the strike price is $X and the annualized interest rate return is Y%). When the product expires on the delivery date:

  • If the BTC settlement price the strike price, then the user’s settlement currency will be BUSD. The user will receive 1 * X * (1 + Y% / 365 * deposit days) BUSD.
  • If the BTC settlement price is < the strike price, then the user’s settlement currency will be BTC. The user will receive 1 * (1 + Y% / 365 * deposit days) BTC.

By Alex Alena

Alex Alena has been the lead news writer at Cryptocurrency Updates. With a degree in communications, Matt has an uncanny ability to make the most complex subject matter easy to understand.