All Devices
Exit all terminal accounts APP/PC/WAP
This Device
Exit the current web account
Announcements
New Financial Products Launches at Gate.io Dual Currency Product BTC & ETH Section (4 to 18 Holding Days)
New Financial Products Launches at Gate.io Dual Currency Product BTC & ETH Section (4 to 18 Holding Days)
2021-08-16 09:17:14 UTC
37188 Read
Dual Currency Products on Gate.io Finance now include BTC/USDT and ETH/USDT dual financial products. In the BTC section, the new products will have 4 to 18 holding days with pegged referenced prices ranging from $42,000 to $56,000. BTC or USDT will be the settlement principal and earnings at maturity. As for the ETH section, new products will have 4 to 11 holding days with pegged referenced prices ranging from $2,700 to $4,000. ETH or USDT will be the settlement principal and earnings at maturity.
Click the following link to get more dual currency products: https://www.gate.io/dual_savings
Gate.io Android App has supported Dual Currency Product. Welcome to check your holdings and purchase more products!
Click the following link to get more dual currency products: https://www.gate.io/dual_savings
Gate.io Android App has supported Dual Currency Product. Welcome to check your holdings and purchase more products!
Today's Dual Currency Products Information (Partial)
*Please note
1. Financial information should be based on the actual online contents.
2. The annualized rate of return changes in real time with the market, please check the actual buy transaction rate of return.
Risk warning: dual currency financial product is a floating income non-principal-protected wealth management product, and the final settlement will be determined by the settlement price and the linked price. Therefore, the risk mainly lies in the high volatility of the market price. Users are advised to invest carefully after understanding the risk. Generally speaking, the shorter the settlement date maturity, the lower the annualized return; in addition, if the linked price is higher, the annualized return is relatively lower. You can choose different products according to your risk appetite.
Extended Reading:
Gate.io Cryptopedia: What is A Dual Currency Product
Gate.io Quick-fire Questions on Dual Currency Product
Take investment in USDT in the BTC section as an example. The maturity date of BTC-30JUL21-3000-P is July 30th, 2021, its holding period is 7 days, its linked reference price is $52,000, and its annualized return is 84.7%. On the maturity date, if
- settlement price < pegged price, settlement currency is BTC, settlement amount = investment amount * (1 + 7*36.15%/365);
- settlement price > pegged price, settlement currency is USDT, settlement amount = investment amount * 30,000 * (1 +7*36.15%/365).
Risk Warning:
1. Gate.io Dual Currency Product is not a principal-protected financing product, so the market fluctuations may cause some capital loss. Please invest carefully.
2. How to Calculate the Return of Dual Currency Product
Take the investment in BTC/USDT dual currency financial products as an example. The settlement currency you may receive at the time of settlement is BTC or USDT. On the maturity date, if
- settlement price < pegged price, and settlement currency is BTC, settlement amount = (1 + return rate) * amount of purchases;
- settlement price > pegged price, and settlement currency is USDT, settlement amount = (1 +return rate) * pegged price * amount of purchases.
3. The investment amount is converted with the real-time change of the market. Please refer to the actual transaction price before the purchase.
4. The annualized return fluctuates with the real-time change of the market. Please refer to the actual rate of return before the purchase.
5. The currency holdings can be checked on the page of “My Holdings.” The invested money will be automatically returned to the spot account after the holding period.
*Please note
1. Financial information should be based on the actual online contents.
2. The annualized rate of return changes in real time with the market, please check the actual buy transaction rate of return.
Risk warning: dual currency financial product is a floating income non-principal-protected wealth management product, and the final settlement will be determined by the settlement price and the linked price. Therefore, the risk mainly lies in the high volatility of the market price. Users are advised to invest carefully after understanding the risk. Generally speaking, the shorter the settlement date maturity, the lower the annualized return; in addition, if the linked price is higher, the annualized return is relatively lower. You can choose different products according to your risk appetite.
Extended Reading:
Gate.io Cryptopedia: What is A Dual Currency Product
Gate.io Quick-fire Questions on Dual Currency Product
Take investment in USDT in the BTC section as an example. The maturity date of BTC-30JUL21-3000-P is July 30th, 2021, its holding period is 7 days, its linked reference price is $52,000, and its annualized return is 84.7%. On the maturity date, if
- settlement price < pegged price, settlement currency is BTC, settlement amount = investment amount * (1 + 7*36.15%/365);
- settlement price > pegged price, settlement currency is USDT, settlement amount = investment amount * 30,000 * (1 +7*36.15%/365).
Risk Warning:
1. Gate.io Dual Currency Product is not a principal-protected financing product, so the market fluctuations may cause some capital loss. Please invest carefully.
2. How to Calculate the Return of Dual Currency Product
Take the investment in BTC/USDT dual currency financial products as an example. The settlement currency you may receive at the time of settlement is BTC or USDT. On the maturity date, if
- settlement price < pegged price, and settlement currency is BTC, settlement amount = (1 + return rate) * amount of purchases;
- settlement price > pegged price, and settlement currency is USDT, settlement amount = (1 +return rate) * pegged price * amount of purchases.
3. The investment amount is converted with the real-time change of the market. Please refer to the actual transaction price before the purchase.
4. The annualized return fluctuates with the real-time change of the market. Please refer to the actual rate of return before the purchase.
5. The currency holdings can be checked on the page of “My Holdings.” The invested money will be automatically returned to the spot account after the holding period.
Sign up to enter the crypto gateway and get 40% commission from referrals
Download iOS/Android App right now.
Follow us on social
Twitter: https://twitter.com/gate_io
Telegram：https://t.me/gateio
Instagram：https://www.instagram.com/gateioglobal
Medium：https://medium.com/@gateio
Gate.io Team
August 16, 2021
