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Homeweb3.0Will early redemption of Dual Currency Win result in losses?
Will early redemption of Dual Currency Win result in losses?Jan 26, 2024 pm 01:54 PM
Dual currency win early redemption

php Editor Banana is here to answer your question: Will early redemption of Dual Currency Win result in losses? The answer is: Early redemption of Dual Currency Win products will result in a certain loss. Dual Currency Win is a structured financial product whose returns are closely related to the price fluctuations of the underlying assets. When you redeem a dual-coin win product early, you may suffer losses due to the difference between the current underlying asset price and the price at the time of purchase. The specific amount of loss depends on the time of your early redemption and changes in the price of the underlying asset. Therefore, when purchasing Dual Currency Win products, it is recommended to make reasonable investment decisions based on your own capital needs and risk tolerance.

Will early redemption of Dual Currency Win result in losses?

Will early redemption of Dual Currency Win result in losses?

Applying for early redemption of Dual Currency Win may result in losses. The system will immediately confirm the final recovery amount, which may be less than the original subscription amount. Users are advised to confirm carefully when operating.

Some platforms may stipulate early redemption fees, which will affect the total return. Early redemption may result in an unexpired interest accrual period, affecting the interest available.

Early redemption of Dual Currency Win may be affected by market price fluctuations, resulting in assets being sold at different prices. Specific rules will be stated in the contract or the terms and conditions of the platform. Some platforms may have restrictions and regulations on early redemption. It is recommended to read the contract carefully to understand the relevant terms.

How to calculate the profit of double currency win?

When you subscribe for Dual Currency Win products, you will sell the option contract and collect the premium. After choosing to sell high, if the spot price of the underlying digital currency is greater than or equal to the target price at expiration, you will receive USDT income; otherwise, you will receive income from the corresponding digital currency.

If you choose to buy low and the spot price of the digital currency is less than or equal to the target price at expiration, you will receive the corresponding digital currency income; otherwise, you will receive USDT income.

Take Bitcoin high selling as an example, you can choose a target price. If Bitcoin does not reach your set target price at expiration, you will earn a profit in Bitcoin. But if Bitcoin rises to the target price, you will successfully sell at the target price and receive additional USDT earnings.

Will early redemption of Dual Currency Win result in losses?

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