KuCoin Earn Launches the Dual Investment Product
26/10/2022 16:42:22
Dear KuCoin User,
KuCoin Earn will launch the Dual Investment product at 09:00:00 on October 26, 2022 (UTC).
Dual Investment is an advanced financial product that is non-principal-protected and has high yields. You can use 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 BTC or ETH, and settlement will be carried out using the appropriate coin type.
For example: If a user purchases a 1 BTC Dual Investment product (with a target price of 20,000 USDT, an APR of 300%, and a term of 14 days). When the product matures, the user‘s returns will be calculated as follows:
• On the maturity date, if the price of BTC is 21,000 USDT, which is ≥ 20,000 USDT (the target price), then USDT will be used as the settlement currency, and the user will get 1 * 20,000 * (1 + 300% / 365 * 14) = 22,301 USDT.
• On the maturity date, if the price of BTC is 19,000 USDT, which is < 20,000 USDT (the target price), then BTC will be used as the settlement currency, and the user will get 1 * (1 + 300% / 365 * 14) = 1.1150 BTC.
Access KuCoin Dual Investment from the KuCoin website: Navigation Bar > Earn > KuCoin Earn > Dual Investment > Subscription page.
Access KuCoin Dual Investment from the KuCoin app: Home > Earn > Dual > Subscription page.
Or, simply click the following link to go to the Dual Investment page: https://www.kucoin.com/earn/dual
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