Binance launches new $XRP and $ADA products, here's what they are about cardano cardanoada ada cardanocommunity xrpsec ripplesec ripplexrp xrp xrparmy xrpcommunity ripple binance bnb binancenews bnbchain $bnb
and ADA-oriented products have been launched in the Dual Investments branch of Binance. As of today, holders of these crypto assets are invited to deposit tokens under subscription, choosing a strategy that involves either selling these assets further at a higher price or, conversely, buying them at an undervalued price.
By selecting a strategy, as well as the desired price that the participant predicts should be accurate, and the date on which that price will show up, the tokens are locked into the product until the selected date, and the annual percentage rate is applied to them. It is a kind of options trading, but with capitalization.
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