Binance Learn and Earn is an education initiative where you can complete quizzes for free crypto.
To be eligible, you must verify your identity, read the article, and watch the video(s).
You need to answer all questions inside the quiz correctly to earn the rewards.
Sign up here: accounts.binance.com/register?ref=73583477 or use “73583477” as the referral code.
Open the Binance app > Pro > Menu > More Services > Earn > Dual Investment.
Tap on a coin, select an investment, and select “Start Quiz”.
This guide contains the Binance Dual Investment quiz answers to unlock the high-risk, high return non-principal protected structured saving product.
Binance Dual Investment Quiz Answers
Question: 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 which does not guarantee a minimum return
Question: 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
Question: Once I subscribe, will my Target Price ever change?
Answer: The target price will not change once subscribed
Question: I am hoping to sell my 1 BTC for $52,000 BUSD. I subscribed to the BTC Dual Investment “Sell High” product with a $52,00 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
Question: 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: 330 USDT + interest yield in BNB
Question: 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