Crypto Exchange Binance Adds XRP To Dual Investment Products

Last Updated:
Binance Freezes $4.2M Stolen XRP, Assists Ripple to Recover Funds
  • Binance added XRP to their list of Dual Investment products.
  • The largest crypto exchange also launched a new batch of Dual Investment products.
  • The subscription will start today at 10 a.m. UTC and is based on a first-come, first-serve basis.

Binance added XRP to their list of Dual Investment products. The largest crypto exchange also launched a new batch of Dual Investment products with updated Target Prices and Settlement Dates, where users can utilize the “Sell High” or “Buy Low” feature of Binance.

According to the recent announcement made by Binance, the subscription will start today at 10 a.m. UTC. The subscription format is based on a first-come, first-serve basis.

Moreover, the announcement mentioned that the Dual Investment would allow users to buy or sell crypto at their selected price. Binance will also enable users to choose the date they want to trade without remitting any fees.

The Dual Investment has two features: “Sell High” and “Buy Low.” Contextually, “Sell High” targets users who want to accumulate high rewards on crypto holdings and those who want to sell the deposit currency at a higher price in the future.

On the other hand, the “Buy Low” feature is for users who wish to get high rewards on their stablecoin holdings. This feature is also for users who want to buy a cryptocurrency at a lower future price than the market price on the subscription date.

At the time of writing, XRP is priced at 0.4688% with a surge of 5.02% in 24 hours but has faced a fall of 1.44% in seven days. By ranked sixth among the other cryptos, XRP has a circulating supply of 49.90B with a trading volume of $1,917,930,846 in 24 hours.

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