Navigating Uncertainty: Quick Guide to WhaleFin Dual Currency Investment pt. 3

5 min readOct 24, 2022

A bite-sized set of guidelines to start investing with WhaleFin Dual Currency.

WhaleFin Dual Currency is a short-term investment vehicle designed to capitalize on investment opportunities and maximize yield during market fluctuations and volatility.

It includes two investment options: Buy-Low and Sell-High

Buy-Low Dual Currency

The Buy-Low position allows investors to buy crypto at a lower price in the future while simultaneously earning interest.
Stablecoin (USDT or USDS) is used to buy another asset (BTC or ETH) at the desired price if the market price of the target asset reaches the target price on the desired date in the future. Investors can customize the tenor from 1–121 days, with a minimum investment of 10 USDT/USDS.

Sell-High Dual Currency

The Sell-High position allows investors to sell crypto at a higher price in the future while simultaneously earning interest.
Spot crypto assets in an investor’s portfolio (BTC or ETH) are invested and sold at the desired price if the market price reaches the target price on the desired date in the future. Investors can customize the tenor from 1–121 days, with a minimum investment of 0.001 BTC / 0.010 ETH.

Why invest in Dual Currency on Whalefin?

High Interest Yield

Investors have the opportunity to earn attractive interest yields no matter what direction the market goes. WhaleFin offers high APR yields regardless of market conditions.

Hedging Strategy

Dual Currency can be used as a hedge together with other strategies, or an investor can open both Buy Low and Sell High strategies simultaneously to generate yield while hedging against a downside move in market prices.

Customizable

WhaleFin offers detailed customization of parameters such as Target Price and Tenor. As an investor modifies parameters, WhaleFin recalculates the yield in real time so an investor has all the tools necessary to define their strategy. Currently USDT, USDS, BTC, and ETH are available with WhaleFin’s Dual Currency product.

Security

WhaleFin works with world-leading partners like Fireblocks to provide institutional-grade custody and protection for the assets of its users. Amber Group has comprehensive insurance coverage protecting its digital asset wallets, including direct insurance policy, indirect coverage and insurance-backed Theft Protection, which are subject to the terms, conditions and exclusions under the relevant insurance policies and agreements.

How to use WhaleFin’s Dual Currency?

How are returns calculated?

The potential return will vary depending on whether the Strike Price or Target Price has been reached or not.

Strike price — Price at which the investor wants to buy or sell a crypto currency.
Investment amount — Amount deposited when subscribing to Dual Currency.
Maturity / Tenor — Date when the investor wants to buy or sell the selected crypto currency.
Annual percentage rate (APR) — Annualized interest rate that the investor will earn depending on the strike price and tenor selected. Note that the daily effective return is calculated as APR divided by 365 days.
Earned Interest — Calculated as Investment Amount x (APY% x Tenor (in days) / 365)
Settlement Price — Market price on the maturity date.

Note: The market price of the linked asset BTC/ETH is calculated as the average value of the price index 30 minutes before 16:00 (UTC+8) on the expiry day, and the settlement currency is determined according to the comparison of the target price and the market price. Yield will be distributed after the expiry date with automatic settlement to the available balance of the wallet within 24 hours. This product does not support early redemption. The Dual Currency Product is not principal protected. You may lose a part or the entirety of your investment principal due to market conditions. Past performance is not an indication of future returns.

WhaleFin, powered by Amber Group, is an all-in-one digital asset platform designed to empower you to diversify, manage and grow your wealth digitally in a secure manner. On WhaleFin, you can buy, sell, trade, and invest in crypto with ease.

Download the app here.

Amber Group is a leading digital asset platform operating globally with a presence in Asia, Europe, and the Americas. We provide a full range of digital asset services spanning investing, financing, trading, and spending, backed by some of the best investors across the world such as Sequoia Capital, Temasek, and Tiger Global Management.

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For support and assistance, please contact us at service@whalefin.com

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