Nikolas Sargeant
Nexo, the world’s leading digital assets institution, announced the launch of its Dual Investment product on Wednesday, November 29th.
In a press release shared with Cryptowisser, Nexo said Dual Investment is a high-yield product with automated strategies for guaranteed earnings. The team added that the new product aligns seamlessly with Nexo's distinct, customer-centric attributes and acclaimed Earn suite.
A Confluence of Investment and Yield
According to the team, Dual Investment is a central point in Nexo’s dedication to diverse risk appetites and market exposure preferences. Combining Nexo's yield-earning suite and robust infrastructure makes it possible for clients to have the power to act on their asset price projections at a future date and price of their choice and earn passive income, regardless of the accuracy of their forecasts and irrespective of market direction.
Who Is Dual Investment for?
This product is for the following users:
Higher Yield Seekers: This product provides an attractive avenue for cryptocurrency users looking to secure returns. Dual Investment enables them to earn income while having the chance to execute their strategy of buying low or selling high without committing to lengthy investment horizons.
Savvy Investors in Volatile Markets: The product is ideal for investors navigating uncertain market conditions, Dual Investment serves as a possibility to enhance their portfolio. This solution offers an income stream, allowing investors to navigate volatile markets and potentially buy and sell at favorable prices.
A Strategic Approach to Dual Investment
This product offers guaranteed interest as the rate is secured the moment one subscribes to a strategy. The Buy Low and Sell High strategies ensure that Dual Investment addresses users’ varied market perceptions and individual objectives.
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The Buy Low strategy is designed for investors who are anticipating a target price lower than the current market value, allowing them to utilize USDT to acquire BTC or ETH at the specified target and date.
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On the other hand, the Sell High strategy is tailored for users expecting the target price to surpass the current market value, involving the sale of BTC or ETH for USDT at the target price and date.
While commenting on this latest development, Elitsa Taskova, Chief Product Officer at Nexo, said,
“Dual Investment revolutionizes how users engage with BTC and ETH, offering a flexible, intuitive, yet sophisticated platform for predicting asset price movements, all while securing high yields. With the launch, Nexo also aims to showcase the same impeccable user experience that has become our hallmark. This product is a testament to our commitment to innovation and customer-centric design. At the same time, its yield-earning component simply enriches the comprehensive arsenal available to our users.”
Dual Investment harmoniously integrates traditional finance with the dynamic realm of cryptocurrencies, fostering a synergetic relationship. Furthermore, it is also a new way for clients to earn substantial returns over shorter periods.
Nexo is the world’s leading digital assets institution. The company’s mission is to maximize the value and utility of digital assets by offering a comprehensive suite of products that include advanced trading solutions for retail and institutional clients, aggregation of liquidity from leading venues, and asset-backed credit lines.
Last year, the company launched its investment arm Nexo Ventures, which now boasts over 60 portfolio companies. Nexo has processed $130+ billion for 6,000,000+ satisfied users across more than 200 jurisdictions.
