Phyrex|Mar 04, 2026 12:16
I know a lot of you complain about dual-currency investments, saying that most of the money ends up in the exchange's pocket. And yeah, that's true. The essence of dual-currency is the option premium, and the 'interest' offered by exchanges is much lower than the premium. But why do I still use dual-currency even though I know this?
The only reason is that it’s super simple and convenient. I’ve got some funds sitting on the exchange, ready to buy the dip. They were just sitting there earning interest anyway, but now the interest rates are way too low. Plus, BTC’s price is at what I consider a bottom. So, being able to buy low and earn a bit of interest at the same time works for me.
Also, the best options liquidity is on Deribit. But I don’t have much capital on Deribit (mainly because I’m still a noob and learning), so dual-currency is just more hassle-free for me.
If you’re on an exchange, you either set a buy order at a certain price and earn zero interest, or you use dual-currency to at least cover a meal. Of course, I wouldn’t dare to use it long-term, like for more than three days or over a weekend—there are just too many uncontrollable factors. But if it’s just for a day or two, I’m fine with it.
Of course, if you’re skilled enough to set up your own options trades, then dual-currency returns are indeed not that great. But for those who are lazy or don’t really understand options, dual-currency is a simpler choice.
Bitget VIP—lower fees, better perks.
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