Described below is a step-by-step procedure and requirements to participate in KuCoin’s Dual Investment Product (Website/ APP).
For Website:
Logging In to the KuCoin Website
Users going through the KuCoin webpage can click on “Earn” and then find the “KuCoin Earn” icon. On the other hand, users going through the KuCoin app should locate and select “Earn” on the dashboard.
KuCoin Dual Investment Page
Selecting Your Preferred Product
KuCoin offers a basket of dual investment products, all with varying target prices, terms, and yields. The platform will offer BTC and BTC-U products at the start, with more dual investment opportunities to come.
The BTC series refers to products that can be purchased using bitcoins, while BTC-U refers to series that can be purchased using USDT, with the benchmark pair being BTC-USDT.
That said, you can select any of the products in each series based on your preferences.
Selecting a Dual Investment Product
Beginner Test Run
To ensure that investors understand the product they are entering and the risks involved.
Beginners to Dual Investment will be required to take a quick novice test where they must answer all questions correctly before proceeding to purchase the product.
Subscribing to a Dual Investment Product
After passing the test run, investors can click on the subscription page of their preferred series after filling in the quantity input bar. They will see the potential earnings and product rules afterward.
Dual Investment Subscription Modal
Final Review & Transaction Confirmation
After selecting your subscription, users will have to view the investment page to confirm all the details inputted and confirm the transaction.
Final Dual Investment Subscription Overview
Settlement Information & Asset Flow
After the dual investment product you subscribed for is settled, you can get the settlement details in the Main Account. Kucoin Earn would transfer the profits of the dual investment product to your main Account as follows:
For APP:
Logging In to the KuCoin APP
Users going through the KuCoin app should locate and select “Earn” on the dashboard.
Selecting Your Preferred Product
KuCoin offers a basket of dual investment products with varying target prices, terms, and yields. The platform will offer BTC and BTC-U products at the start, with more dual investment opportunities.
The BTC series refers to products that can be purchased using Bitcoins, while BTC-U refers to series that can be purchased using USDT, with the benchmark pair being BTC-USDT.
You can select any of the products in each series based on your preferences.
Beginner Test Run
To ensure that investors understand the product they are entering and the risks involved.
Beginners to Dual Investment will be required to take a quick novice test where they must answer all questions correctly before proceeding to purchase the product.
Subscribing to a Dual Investment Product
After passing the test run, investors can click on the subscription page of their preferred series after filling in the quantity input bar. They will see the potential earnings and product rules afterward.
Final Review & Transaction Confirmation
After selecting your subscription, users will have to view the investment page to confirm all the details inputted and confirm the transaction.
Settlement Information & Asset Flow
After the dual investment product you subscribed for is settled, you can get the settlement details in the Main Account. Kucoin Earn would transfer the profits of the dual investment product to your main Account as follows:
How to view the assets returned for orders that have been settled?
You can go to “My Positions” to view the returned assets.
Web:
APP:
Other Information
As mentioned earlier, dual investment are settled automatically at the maturation date. Additionally, settlement is judged based on the asset’s spot price of the asset at the time of settlement against the price linked to the user’s subscription.
Benefits of Dual Investment
Dual Investment offers several benefits when compared to regular investing, namely:
Passive Yields
With dual investment, you earn a steady passive income on your position regardless of the direction the market tilts towards.
Numerous Offerings
Dual investment allow you earn passive income from a wide settlement target of crypto assets, including your favorite crypto gems.
Zero Transaction Fees
With dual investment, transaction fees are not required when your target of settlement is reached.
Buy-Low , Sell-High
One of the benefits of dual investment is that they allow you to earn from buying crypto low and selling high, thereby aligning you with the primary rule of investing.
Further Note:
Though dual investment enables you to buy low and sell high, it’s not risk-free. In real scenarios, you might miss rising price trends when your assets are locked away for the set duration. By the time you can settle BTC, you could find yourself making more money at a more favorable price if you buy and hold BTC.
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