Dual-currency investment products have gained increasing popularity among cryptocurrency users seeking structured returns with strategic flexibility. The OKX Dual-Currency Earn product is one such innovative offering that allows users to earn competitive yields while positioning their portfolios based on market expectations. This guide dives into the most frequently asked questions about the OKX Dual-Currency Earn feature, helping you understand how it works, how returns are calculated, and how to make informed decisions.
Whether you're new to crypto savings or looking to refine your yield strategy, this comprehensive walkthrough covers all essential aspects—from terminology and payout mechanics to early redemption rules and risk considerations.
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What Is Dual-Currency Earn?
Dual-Currency Earn is a customizable financial product offered by OKX that enables users to earn fixed returns through strategic digital asset transactions. When you subscribe, you lock in a predetermined yield based on your market outlook for a specific cryptocurrency, such as Bitcoin (BTC) or Ethereum (ETH).
The final settlement currency—whether you receive stablecoins like USDT or the underlying crypto—depends on whether the market price reaches a predefined target price at maturity.
There are two primary strategies:
- High-Sell Mode: Ideal if you believe the price of your held asset (e.g., BTC) will rise. If the market price meets or exceeds the target price at expiry, you "sell high" and receive stablecoins plus interest.
- Low-Buy Mode: Suitable if you expect prices to drop. If the market price falls below the target, you "buy low" and receive more of the target cryptocurrency along with your return.
This mechanism combines capital efficiency with market exposure, making it a powerful tool for active traders and passive investors alike.
How Are Returns Calculated?
Returns from Dual-Currency Earn depend on both your investment currency and the price movement relative to the target price at expiry.
Let’s break it down with real-world examples:
Scenario A: Investing in BTC or ETH
Suppose you invest 2 BTC in a product with:
- Target price: 60,000 USDT
- Yield: 5%
- Investment period: 7 days
At expiration:
- If BTC’s average price during 15:00–16:00 HKT < 60,000:
You keep your BTC and earn interest → 2 × (1 + 5%) = 2.1 BTC - If BTC’s average price ≥ 60,000:
You effectively sell at the target price → 2 × 60,000 × (1 + 5%) = 126,000 USDT
Scenario B: Investing in USDT
Now imagine investing 100,000 USDT in a BTC-denominated product:
- Target price: 40,000 USDT
- Yield: 5%
At expiry:
- If BTC > 40,000:
You receive stablecoin returns → 100,000 × (1 + 5%) = 105,000 USDT - If BTC ≤ 40,000:
You acquire BTC at a discount → (100,000 / 40,000) × (1 + 5%) = 2.625 BTC
⚠️ Note: The expiry price is determined by the average BTC or ETH index price on OKX between 15:00 and 16:00 HKT on the maturity date.
This calculation method helps prevent manipulation and ensures fair settlement based on real-time market data.
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Key Terms Explained
Understanding the core terminology is crucial for making smart investment decisions:
Investment Currency
The digital asset you use to purchase the dual-currency product (e.g., USDT, BTC, or ETH).
Settlement Currency
The asset you receive upon maturity—either your original investment currency or an alternative asset—based on whether the target price was hit.
Target Price
A benchmark price used to determine your payout. It reflects your market outlook (bullish or bearish) and directly impacts your return structure.
Expiry Price
The average index price of BTC or ETH on OKX between 15:00 and 16:00 HKT on the product's maturity date. This value triggers the settlement logic.
Maturity Date
The end date of the investment term. On this day, earnings are automatically settled into your account.
Reference Annualized Yield
An estimated annual return rate used to calculate your actual yield over the product’s term.
Yield
Your absolute return over the investment period:
Reference Annualized Yield ÷ 365 × Term (in days)
Investment Term
The duration from when interest starts accruing (usually the next full hour after order submission) to the maturity date.
When Will Funds Be Credited After Maturity?
Settlement typically occurs automatically by 18:00 HKT on the maturity date. Your funds—including principal and earned returns—will be credited directly to your OKX funding account.
While processing is usually seamless, occasional delays may occur due to system load or network congestion. In rare cases, settlement may take up to 24 hours beyond the expected time. Users are advised to plan accordingly and avoid time-sensitive transactions immediately after expiry.
Can You Redeem Early? Rules & Implications
Yes—under certain conditions—you can exit your position before maturity.
Which Products Support Early Redemption?
Only products with a term longer than two days qualify for early redemption. Investments with terms of two days or less cannot be redeemed early.
When Can You Request Early Redemption?
You may submit a redemption request anytime 24 hours after accrual begins and 24 hours before maturity.
For example:
- Accrual starts: March 1, 2025, 16:00 HKT
- Maturity: March 11, 2025, 16:00 HKT
- Eligible redemption window: March 2–10, 2025, same time daily
When Do Early Redemption Funds Arrive?
If you initiate redemption on day T, funds will arrive around 18:00 HKT on T+1.
Can You Lose Money on Early Redemption?
Yes. The recovered amount is calculated in real time and may be less than your initial investment, depending on current market conditions and accrued yield. The returned asset will always match your original investment currency.
Always review the final amount before confirming—early exit is flexible but not guaranteed to be profitable.
Are Higher-Yield Products Always Better?
Not necessarily. While higher yields are attractive, they often come with increased probability of receiving non-native settlement currencies.
For instance:
- A high-yield BTC product might pay out in USDT if BTC rises above the target.
- Conversely, lower-yield options may offer greater likelihood of retaining BTC—even with modest gains.
Your choice should align with your market view:
- Bullish? Consider high-sell mode with higher target prices.
- Bearish? Opt for low-buy setups where falling prices increase your crypto holdings.
Risk tolerance and portfolio goals matter more than headline yield alone.
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Frequently Asked Questions (FAQs)
Q: How is the expiry price determined?
A: The expiry price is calculated as the average BTC or ETH index price on OKX between 15:00 and 16:00 HKT on the maturity date. This prevents last-minute volatility from skewing results.
Q: Can I lose money with Dual-Currency Earn?
A: While principal protection applies under normal conditions, early redemption may result in losses. Also, if the market moves against your position, you may receive a different asset than expected—though still with positive yield.
Q: Is there a minimum investment amount?
A: Minimums vary by product and currency but are generally accessible for retail investors. Check individual product details for exact thresholds.
Q: Does Dual-Currency Earn involve leverage?
A: No. These are non-leveraged structured products. You only invest what you commit—no margin calls or liquidation risks.
Q: Can I track my active positions in real time?
A: Yes. OKX provides full visibility into ongoing investments, including estimated returns based on current prices and countdowns to maturity.
Q: Are taxes applicable on earnings?
A: Tax obligations depend on your jurisdiction. Capital gains or income tax may apply to realized yields. Consult a tax professional for personalized advice.
By combining predictable returns with strategic market exposure, OKX Dual-Currency Earn empowers users to optimize their digital asset portfolios intelligently. With clear rules, transparent pricing, and flexible exit options, it’s a compelling choice for those aiming to go beyond simple staking or lending models.
Remember: higher yields aren’t inherently better—they must align with your outlook and risk appetite. Always assess target prices, terms, and potential settlement outcomes before investing.