Binance Finance Enhances Dual-Coin Investment Products with Flexible Settlements

BlockBeats reported on August 4 that Binance Finance upgraded its products by adding flexible settlement options and a customizable auto-reinvestment plan for BTC/USD and ETH/USD transactions.

BTC
ETH

Summary

BlockBeats reported on August 4 that Binance Finance has enhanced its dual-coin investment products. The update allows users to select any working day within the next 7 days as the settlement day for BTC/USD and ETH/USD transactions, with subscriptions closing at 23:59 the day before settlement. Additionally, a customizable auto-reinvestment plan has been introduced, enabling users to preset desired annual yield, target price differential, and settlement date, while also supporting reverse reinvestment when orders hit target prices.

Terms & Concepts
  • BTC/USD: A trading pair representing the exchange rate between Bitcoin and the U.S. Dollar.
  • ETH/USD: A trading pair representing the exchange rate between Ethereum and the U.S. Dollar.
  • Auto-Reinvestment Plan: A customizable plan that allows investors to automatically reinvest returns based on preset parameters.