Bybit Dual Asset deposits: how to make money on market volatility

14.06.2022 10:30
Bybit Dual Asset deposits: how to make money on market volatility

YEREVAN, June 14. /ARKA/. Very often people look at cryptocurrency markets and crypto-exchanges as an affordable counterpart to traditional stock exchanges, where shares of companies are listed. Shares are often bought with the long-term goal of making profit and only some consider making profits by playing the market with the short term perspective. But there is one obstacle here- not everyone has access to a stock exchange. Because of this, it turns out that traditional stock markets have limited accessibility.

That is why the cryptocurrency market has come to be seen as an affordable alternative, with its own advantages and disadvantages. Despite the fact that access to crypto-exchanges is open to everyone, and there are no tool restrictions, many people traditionally approach crypto-investing as it were long-term investment. Meanwhile, the cryptocurrency market has a peculiarity that brings with it great opportunities as well as risks. We are talking about high volatility, which allows both earning large funds and losing savings in a short period of time.

The development of crypto exchanges has led to the emergence of new tools that allow for short-term investment campaigns.  Moreover, exchanges began to provide tools for earning on low-volatility markets. These include Dual Asset deposits on the Bybit Earn platform, which is a short-term trading tool that gives you the opportunity to earn higher returns in low-volatility markets.

Dual Asset deposits allow you to make more profits and earn from market volatility, while providing

short-term deposit periods of 1-, 3-, and 5-days. Bybit offers 21 trading pairs to choose from, including BTC, ETH, BIT and more.

How does Dual Asset deposit work? Predict the direction of a given crypto asset, such as BTC, ETH, and many more, within a pre-set timeframe, make the deposit and earn in USDT when prices rise, earn in alternate crypto assets when prices fall and earn attractive yield while accumulating your preferred crypto asset.

The flexibility of Bybit's toolset allows you to earn not only during periods of market stability, but also in case cryptocurrency prices start to rise or fall sharply. What makes Dual Asset deposits on Bybit Earn beneficial in a falling market is the increasing pool of available cryptocurrencies to anticipate a negative trend reversal in the upward direction. During the same periods when the market is rising, you can directly earn USDT.

What is taken into consideration when depositing in Dual Asset?

Settlement price is the spot price of the coin (quoted in USDT) when your chosen product plan ends.

Benchmark price is the spot price of the coin (quoted in USDT) when your chosen product plan starts.

Settlement- the time at which the settlement price is taken

Total return payout - the time when you will receive income from the Dual Asset deposit.

After the end of the deposit period, the corresponding calculation will be made. If the price of crypto-asset goes up, you get profit in USDT. If the price falls, you get profit in cryptocurrency. -0-


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Tags: Новости Армении АМИ Новости-Армения

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