Double investment on Binance is a feature that allows you to earn interest on your cryptocurrencies, regardless of the direction of the market.
How does it work?
* Two positions: You open two positions: one in a cryptocurrency (like $BNB ) and one in a stablecoin (like #USDT ).
* Buy cheaper or sell higher: You can choose to buy a crypto at a lower price in the future or sell it at a higher price.
* Interest: You earn interest on your investment, even if the price of the crypto does not move much.
* Flexibility: You choose the crypto, the target price and the duration of the investment. Advantages:
* Potential earnings: You can earn interest and profit from market fluctuations.
* Protection: If the price of the crypto drops, you are partially protected by the interest.
* Simplicity: It is easy to use, even for beginners.