What is Dual Currency Win?
Dual Currency Win is an advanced investment product that uses options to generate returns. It offers non-guaranteed, high-yield potential (APY exceeding 100%) for experienced investors.
How to Access Dual Currency Win
Web Platform
- Visit the OKX official website
- Click [Finance] โ [Dual Currency Win]
Mobile App
- Open the OKX app
- Navigate to [Finance] โ [Earn] โ [Dual Currency Win]
Supported Investment Currencies
Currently supports:
- BTC
- ETH
- USDT
๐ Future updates will include more currencies
Product Categories
1. Earn Cryptocurrency (BTC/ETH Investments)
How it works:
- Set your target price
If the asset doesn't reach the target at expiry:
- Earn cryptocurrency returns (BTC/ETH)
If the asset reaches the target:
- Successfully sell at target price
- Earn additional USDT
Investment Example
- Current BTC Price: $16,713.20
- Investment: 0.01 BTC
- Target Price: $16,800
- Expiry: December 19, 2022
Possible Outcomes:
| Scenario | Result | Annual Yield |
|---|---|---|
| BTC < $16,800 | Receive 0.01002388 BTC | 46.50% |
| BTC โฅ $16,800 | Receive 168.40129992 USDT | 46.50% |
Risk Note: Suitable for users seeking cryptocurrency-denominated returns. In rising markets, you may sell at lower-than-market prices.
2. Buy Cryptocurrency Low (USDT Investments)
How it works:
- Set your buy target price
If the asset doesn't fall to target at expiry:
- Earn USDT returns
If the asset falls to target:
- Successfully buy at target price
- Earn additional BTC
Investment Example
- Current BTC Price: $16,710.70
- Investment: 500 USDT
- Target Price: $16,500
- Expiry: December 19, 2022
Possible Outcomes:
| Scenario | Result | Annual Yield |
|---|---|---|
| BTC โค $16,500 | Receive 0.03035052 BTC | 30.65% |
| BTC > $16,500 | Receive 500.783645 USDT | 30.65% |
Risk Note: Ideal for users wanting to accumulate crypto. In falling markets, you may buy at higher-than-market prices.
Key Considerations
Target Price Selection:
- For holding: Choose targets far from current price
- For trading: Choose nearer targets (higher yield)
- Settlement Time: 18:00 HKT on expiry date
- Risk Disclaimer: This is a non-guaranteed product with market risk. Understand the product before investing.
FAQs
Q1: Is Dual Currency Win safe?
While offering high yields, it carries market risks like any investment product. Never invest more than you can afford to lose.
Q2: Can I withdraw before maturity?
No, investments are locked until the expiry date.
Q3: How are yields calculated?
Yields are annualized percentages based on option pricing models and market conditions.
Q4: What happens if the price exactly hits my target?
The system will execute the predetermined action (buy/sell) at your exact target price.
Q5: Why choose OKX for Dual Currency Win?
OKX provides competitive yields, multiple currency options, and a user-friendly interface.