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Dual Investment allows users to buy and sell crypto by choosing a crypto pair (such as BTC/USDT, ETH/BTC). Once subscribed, users can obtain steady returns in either crypto up until they successfully buy or sell the crypto.

When the product settles, users will buy or sell crypto and earn interest in the settlement crypto if the target price is crossed. Otherwise, they will receive their subscription amount back along with interest in the same crypto.

When the product settles, users will buy or sell crypto and earn interest in the settlement crypto if the target price is crossed. Otherwise, they will receive their subscription amount back along with interest in the same crypto.

If you choose a Sell high strategy, then the settlement will be calculated as follows:

Settlement scenario | Settlement amount | Settlement currency |
---|---|---|

Expiration price < Target price | Subscription amount × (1 + Term rate) | Base crypto |

Expiration price ≥ Target price | Subscription amount × Target price × (1 + Term rate) | Quote crypto |

Example: You choose a Sell BTC high strategy with a subscription amount of 10 BTC, target price of $58,000, and a term rate of 0.2%.

If the expiration price of BTC is < 58,000, you'll receive:

10 × (1 + 0.20%) = 10.02 BTC

If the expiration price of BTC is ≥ $58,000, you'll receive:

10 × 58,000 × (1 + 0.20%) = 581,160 USDT

If you choose a Buy low strategy, then the settlement will be calculated as follows:

Settlement scenario | Settlement amount | Settlement currency |
---|---|---|

Expiration price > Target price | Subscription amount × (1 + Term rate) | Quote crypto |

Expiration price ≤ Target price | Subscription amount / Target price × (1 + Term rate) | Base crypto |

Example: You choose a Buy BTC low strategy with a subscription amount of 10,000 USDT, target price of $50,000, and a term rate of 1.24%.

If the expiration price of BTC is > 50,000, you'll receive:

10,000 × (1 + 1.24%) = 10,124 USDT

If the expiration price of BTC is ≤ 50,000, you'll receive:

10,000 / 50,000 × (1 + 1.24%) = 0.20248 BTC

Note: The expiration price refers to the average index price of BTC from 07:00 to 08:00 UTC on the expiration date.

Base crypto: The underlying crypto that you’re buying or selling.

Quote crypto: The currency your base crypto is denominated in.

Target price: The benchmark price that’s compared to the settlement price to determine the settlement scenario.

Expiration price: The average indexed price of the base crypto between 07:00 UTC and 08:00 UTC on the expiration date.

Expiration date: The date your order will be settled. The expiration time is set at 08:00 UTC on the expiration date.

Annual percentage rate (APR): An approximation of the potential interest your product will earn over a one-year period.

Term rate: The interest a product will earn over its term. It’s calculated with the following formula:

Term rate = APR x Term/365

Term: The length of your order, which is used to calculate your earnings. After confirming your order, your term will start from the next hour.

Generally, your earnings will be automatically credited to your funding account at 10:00 UTC on the expiration date. Under certain circumstances, the settlement might be delayed by up to 24 hours.

1. Can I redeem before the expiration date?

Yes. Early redemption is available for BTC/USDT and ETH/USDT products, provided the term is longer than 2 days.

2. When can I redeem my order?

The order can be redeemed 24 hours after the interest started to accrue, and no later than 24 hours before the expiration time. Take for example an order with the following details:

Interest accrual time: 03/01/2022, 08:00 UTC

Expiration time: 03/11/2022, 08:00 UTC

Then, the order can be redeemed at any time between:

Start time: 03/02/2022, 08:00 UTC

End time: 03/10/2022 08:00 UTC

3. When will my returns be credited to my Funding account?

If your redemption is successful, your crypto will be credited to your Funding account the following day at 10:00 UTC.

4. Does early redemption incur a loss?

If you choose to redeem early, you'll be able to review the exact amount of crypto you'll receive. Redeeming early may lead to losses, as the amount could be less than the initial subscription amount.

Choosing early redemption also means you'll only receive the crypto that you used to invest. For example, if you invested BTC, you'll only be able to redeem BTC and won't have the choice of redeeming in USDT.

Target price and term are the two main and correlated parameters of Dual Investment.
Products with a higher return means they have a higher probability of being converted. Investors need to make the investment decision based on their own preferences.

The BETH prices used to determine the target price and expiration price refer to the ETH index.

Although the price of BETH is usually pegged to its staked ETH on a 1:1 basis, they can sometimes stray from each other. In these cases, we will use the ETH price.

Although the price of BETH is usually pegged to its staked ETH on a 1:1 basis, they can sometimes stray from each other. In these cases, we will use the ETH price.