Bitget Dual-Investment Internal AMA
Hello everyone! I'm Niko, the host of AMA today. I am also the Operation Manager of Bitget English Telegram Community.
To better encourage and guide you guys to participate in the Bitget Dual-Investment, here we are holding an AMA in the Bitget English Telegram Community.
BTW, if you are satisfied with our community service or have the other suggestions, please fill out the NPS Investigation below. Your rating is our driving force!
Q: Let’s go on! Hello Mark! Would you like to introduce yourself to us first?
A: Hi, everyone! This is Mark from Bitget Earn, I am the operation manager at Bitget Earn. My role at our Bitget Earn family is to be responsible for more high-quality projects like Dual Investment to earn coins.
In the meantime, I hope you can get a better understanding of Bitget Earn‘s newest product Dual Investment products from today’s AMA, and I hope all of you will have a good time.
Q1. Please introduce the Bitget Earn platform?
A1: Bitget Earn is the crypto assets management business of Bitget. The platform focuses on providing professional and high-quality financial management services to users. Users can invest their idle assets or savings into the Bitget Earn platform to manage them more efficiently and earn certain profits.
Bitget Earn team members are all from world-famous investment banks, risk hedge funds and other professional institutions, and have rich experience in crypto industry investment. They will provide users with professional and reliable financial services.
Q2. What kind of product is the newly launched Dual Investment product?
A2: Bitget’s Dual-Investment is a non-principal-guaranteed product with considerable earnings involving two kinds of cryptocurrency, usually one stable coin and one mainstream coin. It allows you to "buy low" and/or "sell high" at a future settlemen t price and date once the market price reaches and/or passes your target price.
You can subscribe to our ‘Buy Low’ product to buy in when the asset price drops, or opt for our ‘Sell High’ product to sell when the asset price rises. Regardless of which products you subscribe to, you will always earn interest as long as your order is settled. You can even subscribe to both ‘Buy Low’ and ‘Sell High’ products for risk hedging purposes. By doing this, you can rest easy knowing your financial interests are optimally protected.
Q3. Why will Bitget launch Dual-Investment products?
A3: The crypto market is in the bear market currently, investors' demand for financial products is increasing. Not only for savings products, users also hope their long-term crypto holdings can obtain higher returns through other reliable financial products.
Therefore, Bitget launches Dual-Investment as an important part to meet users' expectations for high-yield financial products. Complete the foundation of Bitget Earn, and lead the crypto markets prosperity and development.
Q4. What are the advantages of Dual Investment? Which kind of investors will be suitable for this?
A4: Dual Investment is suitable for investors who plan to hold in the long term, but also continue to grow the amount of cryptos on hand at the same time.
Advantages:
Always the right timing: Say goodbye to staring all day at crypto prices or tossing and turning about the right timing. Just because crypto never sleeps doesn’t mean you shouldn’t, either. Subscribe to our product, pick a price, and we’ll time it for you!
Always earn interest: Everyone wants to sell high. But high prices don’t come every day. Until that day comes, your asset will always be locked and you earn 0 profit off of it. Our Dual-Investment product gives you interest no matter what. Come settlement day, you will always receive your asset or liquidity plus interest upon settlement.
Always with flexibility: You can subscribe to multiple Dual-Investment products at the same time to piece out any strategy you have in mind. For instance, you can subscribe to both Buy Low and Sell High products to hedge your risk. You can even simulate our DCA Strategy by subscribing to several Buy Low products and one Sell High product.
Q5. How does Dual Investment work? How to calculate earnings of Dual Investment?
A5: We offer two types of Dual-Investment products: Buy Low and Sell High.
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“Buy Low”: deposi t USDT to subscribe BTC-USDT dual-investment products.
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If the Settlement price of BTC ≤ Target price when the settlement time arrives, USDT will be automatically bought into BTC + interest received.
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If the Settlement price of BTC > Target price when the settlement time arrives, investors will still keep USDT + interest received.
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In both scenarios, investors will always earn interest in crypto standards.
Earning Case 1:
Select “Buy Low”: deposit USDT to subscribe BTC-USDT Dual-Investment for earning more BTC or USDT.
Investors' subscription amount: 10,000 USDT, Target price: $20,000, APR: 50%, Investment period: 7 days.
Investors may encounter two settled scenarios after the maturity of dual-investment:
Settled Scenario 1: if the Settlement price of BTCUSDT">BTC/USDT ≤ Target price: $20,000, investors will receive BTC returns:
10,000 / 20,000 * (1 + 50% * 7/365) = 0.5048 BTC
Settled Scenario 2: If the Settlement price of BTC/USDT > Target price: $20,000, investors will receive USDT returns:
10,000 * (1 + 50% * 7/365) = 10,095.8904 USDT
Sample Picture:
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"Sell High": deposit BTC to subscribe BTC-USDT dual-investment products.
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If the Settlement price of BTC ≥ Target price when the settlement time arrives, BTC will automatically be sold into USDT + interest received.
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If the Settlement price of BTC < Target price when the settlement time arrives, investors will still keep BTC + interest received.
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In both scenarios, investors will always earn interest in crypto standard.
Earning Case 2:
Select “Sell High”: deposit BTC to subscribe BTC-USDT Dual-Investment for earning more USDT or BTC.
Investors' subscription amount: 1 BTC, Target price: $20,000, APR: 50%, Investment period: 7 days.
Investors may encounter two settled scenarios after the maturity of dual-investment:
Settled Scenario 1: if the Settlement price of BTC/USDT < Target price: $20,000, investors will receive BTC in return:
1 * (1 + 50% * 7/365) = 1.0096 BTC
Settled Scenario 2: If the Settlement price of BTC/USDT ≥ Target price: $20,000, investors will receive USDT in return:
1 * 20,000 * (1 + 50% * 7/365) = 20,191.7808 USDT
Sample Picture:
Q6. What should be paid attention to in dual currency investment?
Because Dual Investment is a non-principal guaranteed and high-yield financial product. It's suitable for investors who can tolerate some risks.
Due to price fluctuations, investors' assets may be exchanged for another settlement asset. Although investors definitely will earn interest, they should consider the loss caused by the devaluation of the asset itself.
Users can subscribe to Dual Investment before the product expires (Subscription will be stopped within 24 hours before the settlement time). Users' investment amount will be locked-up during the accrual period. Thus, investors will sacrifice certain capital efficiency because they can't withdraw in advance until the settlement date.
About redemption time: The principal and interest will be received within 24 hours after the settlement time (UTC).
Subscribe to Dual Investment, please click the link below:
https://www.bitget.com/en/dual-investment
Learn more about Dual Investment:
https://www.bitget.com/en/academy/article-details/Introduction-to-Bitgets-Dual-Investment-Product
Thank you guys for being here. Have a nice day!
Farewell!
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