1.What is a dual currency?
Dual currency investment is a non-principal-guaranteed investment product that provides users with the opportunity to buy and sell cryptocurrencies at a target price in the future and earn additional income.
It can help you cleverly seize "buy low" and "sell high" market opportunities, suitable for investors who prefer to buy low or sell high, or long-term investors who want to earn extra rewards from cryptocurrencies or stablecoins holder.
Matrixport dual currency provides you with better annualized returns in the market and more diverse product term options, helping you accurately seize market opportunities and earn more returns.
2.Product Features
Buy Low, Sell High: Gives you the opportunity to buy cryptocurrencies at a price lower than the current market price or sell at a higher price, capturing market opportunities.
Extra Yield: Earn additional rewards in USDT or the cryptocurrency itself, regardless of market movements, maximizing returns.
Flexible Choices: Choose from various crypto assets, investment durations, and strike prices to meet your investment objectives.
Zero Trading Fees: When the market reaches the strike price, you can buy or sell without any transaction costs, with no trading fees required.
3. Terminology
Investment Currency: The currency you use to purchase the dual-currency investment product.
Settlement Currency: The currency you will receive at maturity. It could either be the investment currency or the paired currency. The specific currency for settlement depends on the comparison between the settlement price and the strike price at maturity.
Maturity Date: The date when the dual-currency product ends, and the repayment is automatically returned to your wallet account.
Yield: Represents the return level of the investment product and is used to calculate the repayment amount at maturity.
Annualized Yield: An assumed yield derived from the yield rate, calculated as if you continuously purchased dual-currency investment products with the same yield rate for an entire year. The formula is: Annualized Yield = Yield / (Maturity Date - Today) * 365.
Strike Price: A benchmark price used for comparison with the settlement price on the maturity date.
Settlement Price: The settlement price for BTC/ETH orders is taken from the average price of the settlement index between 15:30 and 16:00 (UTC+8) on the maturity date. For other cryptocurrencies, the settlement price is the average of the spot closing prices at each minute between 15:30 and 16:00 (UTC+8) on Binance or OKX on the maturity date.
Risk Warnings
Digital asset transactions contain extremely high risks, and digital assets are traded uninterrupted throughout the day. The User should determine the suitability for investing digital assets products based on their own financial situation and risk preference.
Disclaimer
This article is for informational purposes and for reference only. The content of this report does not constitute investment advice, an offer to sell, or a solicitation of an offer to buy, to residents in the Hong Kong SAR, the United States, Singapore and other countries or regions where such offers or solicitations may be prohibited by law. Digital assets transactions can be extremely risky and volatile. Investment decisions should be made after careful consideration of individual circumstances and consultation with financial professionals. Matrixport is not responsible for any investment decisions based on the information provided in this article. Although the content in this report has been taken from sources that are believed to be accurate, no warranty or representation is made by Matrixport as to its correctness, completeness, timeliness or accuracy.