The Coin Shark: OKX: dual investment
OKX: dual investment?
The OKX Team is pleased to announce the launch of a new OKX Earn service - Dual Investment!
Available investment currency: BTC/ETH/USDT
Minimum investment amount: 0.01 BTC/0.1 ++++++++++ ETH/500 USDT
Dual investment is a highly profitable investment product created by OKX. Users of the crypto ecosystem will be able to earn interest by investing in Bitcoin (BTC), Ethereum (ETH), or Tether (USDT).
This product allows you to manage capital. Dual investment is implemented using options and represents a service with non-guaranteed floating income.
The OKX crypto ecosystem opens up great opportunities for choosing the expiration date. Early redemption and an easy-to-use user experience are only available on OKX.
How does the service work? "Dual investment" implies two scenarios for managing deposits and finances: a comparison between the settlement price and the strike. The OKX Earn product implements the process of earning interest and exchanging currencies through the options market.
Let the current price of the asset be $3,267, the user invests ETH.
After the subscription expiration date: if the price of ETH is less than $3,500, the user will receive principal and interest in ETH. If the price of ETH is greater than or equal to $3,500, the user will receive principal and interest in USDT.
When investing 1 ETH (principal)
ETH = $3,500 (Strike), USDT Profit = Strike*Principal + 11% of the Annual Interest Rate (APR) - same as selling ETH at $3,500 and earning interest
The income comes from remuneration as "Dual investment" helps users to sell call options or put options in the market.
When subscribing, the profitability of the product is fixed, and the settlement currency may vary after the expiration of the subscription. The actual settlement currency depends on the comparison of the BTC and ETH market index at the subscription expiration date and the pre-agreed strike price.
Find out more by joining the international cryptocurrency platform OKX now: https://www.okx.com/account/register
Better future: game on!
Additional Info
- Read full article on: The Coin Shark
Leave a comment
Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.
Disclaimer: As a news and information platform, also aggregate headlines from other sites, and republish small text snippets and images. We always link to original content on other sites, and thus follow a 'Fair Use' policy. For further content, we take great care to only publish original material, but since part of the content is user generated, we cannot guarantee this 100%. If you believe we violate this policy in any particular case, please contact us and we'll take appropriate action immediately.
Our main goal is to make crypto grow by making news and information more accessible for the masses.
Our main goal is to make crypto grow by making news and information more accessible for the masses.