- June 17, 2024
- Posted by: Jackson Bennett
- Category: Crypto Trading Signals
It is in this line that a Dual Investment Platform has been developed to help investors. Who wish to invest in two different platforms in the Cryptocurrency world which is developing fast. These platforms distinguished themselves by having features that are a blend of conventional investments, and the exciting potentials of cryptocurrency investing.ย
Selecting the proper platform is vital if you need to make the most of your cash as well as to have the good fortune of recovering your losses. In this article, we’ll compare three of the most prominent dual investment platforms: Pionex, Binance, and Matrixport, since they vary in characteristics to suit different trading strategies.
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What is a Dual Investment?
Parallel investing means investing in two assets at once, usually investing in the basic asset and putting stock in another that may yield more and/or offer protection against loss.ย
In the present strategy, potential investors have the opportunity to make profits in the upward or downward trend in the market, which can be considered a major advantage of investing in cryptocurrencies.
Similar to having one foot in two different compartments, this strategy refers to having a foot in the conventional financial arena and the highly risky but potentially very profitable Bitcoin field.ย
It is implemented by linking one primary asset, BTC or ETH, to another asset known as the secondary asset such as stablecoin or another altcoin. This is possible when investing in a portfolio of both stocks and bonds as opposed to investing in individual assets with certain returns.
How does Pionex revolutionize crypto trading?
Pionex is a new-generation exchange with regular growth that is provided with built-in trading robots, and unique products such as dual investment. Created in 2019, Pionex aims to provide solutions that alter the crypto trading industry and make trading more convenient for new and experienced traders alike.
However, one important thing that can be noted in the case of Pionex is that it has taken a very strategic approach in terms of the kind of service it offers and concentrates mainly on the three Aโs, namely Automation and Asset, Automation and Agility, and Automation and Easy Fixes.ย
It is oriented towards different kinds of traders, beginners and experienced traders as well as providing tools and possibilities for simplifying the trading work and allowing more sophisticated operations.
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How can one invest in Pionex’s Dual Investment Platforms?
- Sign up and log in: Affirmation is required to obtain the initial 1,288 USD test capital or invest in a twin capital.
- Click or tap Earn then Structured on the mobile or website app: If you are interested in a plan that does not forward back the money to the company, you should check the Manual Orders section.ย
- Auto-invest needs to be issued when one desires an order to be automatically reinvested when the expiry/settlement date is due.ย
- Invest from the deposit of crypto or mini USDT before moving to the next level. It is also possible to deposit national/ international currencies directly as well as cryptos to the exchange.
- From Manual Orders, click or tap +Invest if using the Pionex mobile app (if using the web app, scroll through the products and click on Details against any product): Then, there is a Click or Tap Dual Investment Platform to open an investment of your preference.ย
- Selection of BTC/USDT, ETH, XRP/SOL/ADA and other cryptos as an investment.
- Both offer choices regarding settlement-related dates (for example, one day, seven days and so on).ย
- Select a settlement date. Also, every investment option has another choice regarding target prices and APYs as well. To get more details on an investment option, select Detail and view the delivery date, chart, and to invest in the chosen option. Invest by clicking on Buy or tapping on the Buy button on your mobile device.
- Pionex has categorized its Dualย Investment Platform into 38 Crypto and stablecoin investing instruments at the moment.ย
- Each of these 38 products also has different investment options based on settlement dates, APYs and target prices which are also again customizable and sortable. Altogether, it means that you have hundreds of choices where you can invest under the conditions of the Dual Investment plan.
What drives Binance’s impressive growth in cryptocurrency?
Binance is one of the largest and most popular cryptocurrency platforms available today, which provides a list of services and instruments allowing the purchasing of digital assets. Founded in 2017, Binance has shown tremendous growth and is now one of the most prominent players in the industry.
Several factors depict the steady growth of Binance: They include a broader variety of services, high trading volumes, and top-tier security systems. It has become beloved by both amateur and professional traders because of the available set of tools and offerings.
How to participate in Binance’s Dual Investment Platform?
- Sign up and verify.
- From the mobile or web app, click or tap Earn, then Dual Investment. Scroll down to see the products sortable by cryptocurrency to invest in. From here you can see the APY range payable to each crypto invested. Select the Crypto of choice.
- Deposit crypto to invest or buy/swap into the marketplace.
- Click or tap on Dual Investments again and select the crypto to invest in. Choose either the Buy or Sell option depending on whether you want to buy or sell crypto at a future date. If buying, select whether to pay using USDT or BUSD by tapping the dropdown menu against the Buy option.
- Click the Edit icon to choose the investment option per settlement date, APY, or target price. There are many options here for each crypto you want to invest in.
- Proceed to input the amount to invest. Click or tap Next and you will see the winning scenarios and expected returns. To view the details of each scenario, click or tap View. Click or tap OK to check the boxes. Click or tap Next.
- Click or tap Subscribe to buy.
- Currencies supported: 13 โ BTC, Eth, BNB, SOL, MATIC, ADA, DOT, BCH, AVAX, ALGO, ATOM, and Near.
- Settlement periods: 7, 14, 21 days, 1 month, 2 months, 3 months.
- APY paid: Differ depending on the settlement date, target price, and crypto โ from a one-digit percentage to a three-digit percentage.
- Minimum investment โ Depends on the crypto involved and whether you are selling or buying. 0.00001 BTC for BTC-based investments when buying. The maximum is 400 BTC. 0.001 Eth for Eth-based investments. The maximum is 10 Eth, 0.001 BNB for BNB-based investments. When buying, the minimum USDT or BUSD investment is $0.1. The maximum is 16 million USDT or BUSD.
What sets Matrixport apart in cryptocurrency services?
Matrixport is a financial service that deals with cryptocurrencies, where they provide clients with diverse investment products such as necessary and adequate investments. Founded by Jihan Wu, co-founder of Bitmain, Matrixport seeks to bring the traditional financial sector and the crypto space together.
In regards to competitive advantage, Matrixport stands out from the competition as it provides and operates high-yield financial products and structured solutions. Many of the services they offer are focused on individual and institutional traders and investors who seek a diverse portfolio.
How can one invest in Matrixport’s Dual Currency Investment?
- On the app or in the website version, select or tap on Invest.ย
- Choose and press touch or right-click on Dual Currency.ย
- Below are some of the Dual Currency products that you can see.ย
- The list drops down below to display the available crypto you can invest in. The linked price, the time it takes to complete the settlement, and its annualized yield. There is a list of various products that you can choose as per your preferences.
- Deposit crypto by transferring through a cryptocurrency wallet or proceed to purchase through market options.ย
- Refer back to the steps above where you, as an employer, need to read the resume and cover letter. This phrasing actively directs the employer to act.
- Both products offer additional features linked to the available settlement dates, the indicative APYs, and the target price.ย
- Tab or click the one that is available in your circumstances.ย
- If you wish, you can perform calculations with the help of the calculator to determine how much you will earn next.ย
- Select the preferred option by clicking or tapping the Invest Now button to invest.ย
- Enter the required sum and press the BUY key.
- Cryptocurrencies supported: The correlation matrices consist of 8 dual currency pairs for BTC, ETH, BCH, and Sol.ย
- The amount of investment that the two of them can make depends on the availability of quotas and the number of investment options .
- APY paid: According to our study, the confidence level varies from 55% for BTC to 251% for Sol.
- Settlement periods: Public transport may take as little as 1 or 2, or up to 7 days depending on the availability.
- Minimum investment: IT VARIES โ $80 for the stablecoin investment, 0. Investment in BTC-based projects should cost 001 BTC, while the coins without association to BTC should cost 0. 01 ETH for Eth-based investments, which appeared to be very reasonable in his opinion.ย
Final Thoughts
Therefore, these companies each provide two distinct investment platforms that provide different advantages depending on the type of investor. First, Pionexโs strengths include ease of use and offering automatic trading services, which can be attractive to newcomers and other users who do not have the time to learn complex techniques.ย
Based on its large number of cryptocurrencies and complex analysis tools, it is suitable for professional trading. Matrixport on the other hand does a good job of providing everyone with a wide variety of financial instruments and some of the best yields on the markets, provided you possess at least some knowledge about the market.
In conclusion, there is no clear-cut choice on which Dual Investment Platform is the best for dual investments. As it will mostly depend on personal wants and requirements. When it comes to choosing general, specific easy-to-use, those having many more features, or finance-related platforms, one can have the best option.
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