Learn About Dual Investment & Complete a Quiz to Receive a Dual Investment ETH Subscription!
[Credit-Binance Official Site]
Promotion Period: 2022-11-29 09:00 (UTC) to 2022-12-13 23:59 (UTC)
Binance is launched the Dual Investment ETH Quiz activity on 2022-11-29 at 09:00 (UTC), where users can gain knowledge about Dual Investment and Auto-Compounding. The first 100,000 new Dual Investment users who successfully complete the quiz during the promotion period, will be eligible to each receive a free Dual Investment ETH Sell High subscription.
How to start 👉
Step 1: Click the [Start the quiz] button at the top of this page.
Step 2: Open the quiz and read through the available resources on Dual Investment and Auto-Compounding.
Step 3: Correctly answer all the questions in the quiz. Users may attempt the quiz again if they did not answer all the questions correctly.
Step 4: Qualified users will automatically receive their Dual Investment ETH Sell High subscriptions by 2022-12-27 23:59 (UTC).
Binance Dual Investment Etherium[ETH] Quiz Answers
Q1) What kind of product is Dual Investment?
Answer: Investment product where users have a chance to sell high or buy low at their desired target price on the desired settlement date while earning additional crypto rewards. Dual Investment does not guarantee a minimum return
Q2) Which statement about the Dual Investment Auto-Compound feature is correct?
Answer: The Auto-Compound feature helps users to automatically renew their Dual Investment subscriptions on the Settlement Date
Q3) Which asset is not available in Dual Investment?
Answer: SHIB
Q4) What are the risks of Dual Investment?
Answer: The risk is that if the market price on the Settlement Date goes far below my Target Price to buy, I am buying at a relatively higher price and vice-versa
Earlier Quiz Questions With Answers
Q1) Which statement about the Dual Investment Auto-Compound feature is not correct?
Answer: The Auto-Compound feature comes with no additional risk involved
Q2) I am hoping to sell my 1 BTC for 25,000 BUSD. I subscribed to the BTC Dual Investment “Sell High” product with a $25,000 Target Price to sell BTC. At the Settlement Date, the BTC price is $25,500. How much will I receive at the end?
Answer: 25,000 BUSD + interest yield in BUSD
Q3) What is the Target Price and Settlement Date in Dual Investment?
Answer: Target Price = the price at which I want to buy or sell cryptocurrency, Settlement Date = the date at which I want to buy or sell cryptocurrency
Q4) Once I subscribe, will my Target Price ever change?
Answer: The target price will not change once subscribed
Q5) I am hoping to sell my 1 BTC for 52,000 BUSD. I subscribed to the BTC Dual Investment “Sell High” product with a $52,000 Target Price to sell BTC. At the Settlement Date, the BTC price is $52,500. How much will I receive at the end?
Answer: 52,000 BUSD+ interest yield in BUSD
Q6) I am hoping to buy 1 BNB at 330 USDT. I subscribed to BNB Dual Investment “Buy Low” product with a $330 Target Price to buy BNB. At the settlement Date, the BNB price is $345. How much will I receive at the end?
Answer: 1 BNB + interest yield in BNB
Please Note:
Eligible users will each receive a Dual Investment ETH Sell High subscription that is worth 0.25 BUSD. The Settlement Date of the subscription will be 2023-06-30 (UTC) and the target price will be chosen based on availability at Binance’s discretion.
After the Settlement Date, users will continue to be subscribed to Dual Investment via the Auto-Compound Advanced Plan. Users can disable the Auto-Compound feature at any time and access their funds after the next Settlement Date.
What Is the Dual Investment Auto-Compound Feature:
The Dual Investment Auto-Compound feature helps users to automatically renew their Dual Investment subscriptions on the Settlement Date. Users are able to access it on the Binance Website or Binance App.
Users can opt in to the Auto-Compound feature during the Dual Investment subscription process. After enabling the feature, the system will help users to close their position or re-subscribe to a new position at the Settlement Date, depending on whether they opt for the Basic Plan or Advanced Plan, and whether the Target Price is reached. A step-by-step guide for this feature can be found here.
Terms & Conditions
- This promotion is not available to users in Bangladesh, Nigeria, and India. Products and services referred to here may not be available in certain regions as well.
- Users must complete account verification to successfully participate in the promotion.
- Users need to answer all the questions in the quiz correctly to qualify for rewards. Users may attempt the quiz multiple times until they correctly answer all the questions.
- Rewards are on a first-come, first-served basis and a maximum of 100,000 eligible participants will each receive a Dual Investment ETH Sell High subscription, with a settlement date of 2023-06-30 (UTC).
- After the Settlement Date, users will continue to be subscribed to Dual Investment via the Auto-Compound Advanced Plan. Users can disable the Auto-Compound feature at any time and access their funds after the next Settlement Date.
- There will be caps imposed on the number of rewards available to eligible users per country/region.
- Illegally bulk registered accounts and sub-accounts shall not be eligible to participate or receive any rewards.
- Binance reserves the right to disqualify any participants showing signs of fraudulent behavior immediately.
- Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these Promotion Terms without prior notice, including but not limited to canceling, extending, terminating or suspending this Promotion, its eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all users shall be bound by these amendments.
- Additional promotion terms and conditions can be accessed here.
- Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
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