Binance introduces fee-free ‘buy low, sell high’ features

  • Cryptocurrency exchange Binance has introduced a suite of innovative Dual Investment products, significantly expanding its financial offerings to cater to the needs of a wider range of investors.
  • These new investment options, which include revised Target Prices and Settlement Dates, aim to provide both seasoned traders and newcomers with fresh opportunities to capitalise on their Bitcoin holdings.
  • By enabling users to implement “Sell High” or “Buy Low” strategies without incurring fees, Binance is fostering a more flexible and cost-effective investment environment.

The cryptocurrency exchange, Binance, has announced the launch of Dual Investment products, which constitute a substantial upgrade to its array of financial instruments.

Binance widens investment horizons

The most recent products provide new opportunities for both experienced and inexperienced investors to profit from their bitcoin holdings, along with revised Target Prices and Settlement Dates.

Binance’s goal is to give customers various investing options, and one aspect of this is dual investment products.

Dual Investment products are different from standard financial instruments in that they let consumers engage in “Sell High” or “Buy Low” strategies without paying any fees.

Also read: Binance, SEC argue about regulator oversight of cryptocurrencies

Dual investment products open doors for tokens

A variety of cryptocurrencies are supported by the new Dual Investment products, including XRP, BTC, ETH, BNB, SOL, and 13 additional tokens.

From early March to the end of May 2024, users can choose to sell for USDT or FDUSD on various dates.

Sylvia-Shen

Sylvia Shen

Sylvia Shen, a news reporter at BTW media dedicated in Fintech and Blockchain. She graduated from University of California, Davis. Send tips to s.shen@btw.media.

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *