Read

<p class="is-style-lead">In a Nov. 14 announcement on X, Binance shares the news of Dual Investment products with updated target prices and settlement dates.</p>
<p>According to the website, Dual Investment will allow individuals to purchase or sell cryptocurrency at a predetermined price and date in the future.&nbsp;</p>
<h2 class="wp-block-heading" id="rewards-regardless-of-direction">Rewards, regardless of direction</h2>
<p>The&nbsp;<a href="https://www.binance.com/en/support/announcement/new-dual-investment-products-launched-2023-11-14-a82981d0b445483d80023af6882fa6e8" target="_blank" rel="noopener noreferrer nofollow">announcement</a>&nbsp;shares that the Dual Investment product will be available in a subscription format based on a first-come, first-served basis, with updated target prices and settlement dates.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Binance</a> launches new Dual Investment products with updated target prices and settlement dates.<br><br>Find out more ⤵️<a href="https://t.co/lHt4g7PiTx" target="_blank" rel="noopener noreferrer nofollow">https://t.co/lHt4g7PiTx</a></p>— Binance (@binance) <a href="https://twitter.com/binance/status/1724381759255536115?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 14, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>The Dual Investment platform offers opportunities to earn rewards by participating in buy low and sell high products, allowing users to set their chosen price at a future date without incurring fees.&nbsp;</p>
<p>You might also like: <a href="https://crypto.news/bybit-card-adds-new-user-bonus-amid-binance-crypto-card-closure-in-eu/" rel="noopener noreferrer nofollow"> Bybit Card adds new user bonus amid Binance crypto card closure in EU </a></p>
<p>The announcement was released as a general statement, meaning not every region will gain access to these products and services.</p>
<h2 class="wp-block-heading" id="the-focus-is-defi-wallets">The focus is DeFi wallets</h2>
<p>Alongside the new Dual Investment product, CEO Changpeng Zhao, widely known as CZ, has also recently shared his concerns around defi wallets.&nbsp;</p>
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio">
 <div class="wp-block-embed__wrapper"><iframe title="Richard Teng: Introducing the Binance Web3 Wallet at Binance Blockchain Week Istanbul" width="1020" height="574" src="https://www.youtube.com/embed/F35FryZB1Vo?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>
 </div>
</figure>
<p>According to Zhao, these wallets currently pose safety challenges and are perceived as difficult to use. Binance has since initiated efforts to address these issues through the introduction of their new web3 wallet; however, Zhao acknowledged that there is still&nbsp;<a href="https://crypto.news/binance-ceo-focused-on-improving-defi-wallets/" target="_blank" rel="noopener noreferrer nofollow">substantial work ahead</a>.</p>
<p>Despite ongoing regulatory uncertainty, Binance appears to be moving ahead with new releases.</p>
<p>Read more: <a href="https://crypto.news/binance-to-stop-accepting-deposits-in-russian-rubles/" rel="noopener noreferrer nofollow"> Binance to stop accepting deposits in Russian rubles </a></p>

Binance launches Dual Investment product

Table of Contents

crypto.news

Other articles published on Nov 14, 2023

Lookonchain reports whales are dominating the Ethereum market with big sales

XRP Spikes 15%; Community Still Confused Whether ETF Filing True Or Not

Bitcoin ETF: Cathie Wood Impressed With SEC’s Questioning

FTX Employee Is Claiming A $275,000 Bonus Owed By The Bankrupt Crypto Firm

Democratic Party Requires Candidates to Disclose Crypto Assets Before 2024 General Elections in S...

Uniswap Labs Rolls Out New Crypto Wallet to 430,000 New Android Users

Join our free newsletter for daily crypto updates!