KuCoin Earn Launches XRP Dual Investment Products
10/01/2023 17:25:00
Dear KuCoin Users,
KuCoin Earn will be launching the new Dual Investment products at 10:00:00 on January 10, 2023 (UTC). The available products are “XRP” and “XRP-U”.
XRP for:
- Users who want to accumulate high rewards on their XRP holdings or;
- Users who want to sell XRP for a higher price in the future, compared to the market price on the settlement date.
XRP-U for:
- Users who want to accumulate high rewards on USDT holdings or;
- Users who want to buy XRP for a lower price in the future, compared to the market price on the settlement date.
Dual Investment is an advanced financial product that is non-principal-protected and has high yields. You can use XRP, BNB, BTC, ETH, or USDT to subscribe and start earning. To subscribe, select a coin type, a target price, and an APR. Upon maturity of the product, the target price will be compared to the Spot market price of XRP, BNB, BTC, or ETH, and settlement will be carried out using the appropriate coin type.
How to Get Started with Dual Investment:
- Go to the Dual Investment page;
- Select the cryptocurrency you would like to subscribe to;
- Choose whether you want to “Sell High” or “Buy Low”;
- Select your desired price (“Target Price”) and desired date (“Settlement Date”) to subscribe;
- Input your subscription amount.
You can also turn on the ‘Beginner Mode’ button to get a step-by-step guide through the subscription process for Dual Investment products.
Risk warning: Dual Investment is a non-principal-protected product whose main risk comes from possible changes in market prices. When there is high volatility in the market, it may be difficult for users to predict potential differences between the target price and the market price at the time of maturity. Therefore, it may also be difficult to predict what the settlement currency will be. Before subscribing, make sure you understand the characteristics of the product as well as the potential risks.
Thank you for supporting KuCoin!
The KuCoin Earn Team
Twitter：https://twitter.com/KuCoin_Earn