Here are some of the most frequently asked questions for dual-cryptocurrency products:
What is the prerequisite to purchase a Dual Currency Product?
There is no prerequisite on your Identity Verification level to purchase this product . Once the assets in your account meets the minimum purchase requirement, you are free to purchase the product right away. However, we do suggest that you review the product specifications carefully. You will need to read and agree to the Investment Agreement before making your first investment to ensure that you have fully understood the risk and reward of the product.
For BTC-Dual Cryptocurrency product series under what circumstances the settlement currency will be BTC?
On the Maturity Date, if the Settlement Price is below the Linked Price, the product will be settled in BTC.
For BTC-Dual Cryptocurrency product series under what circumstances the settlement currency will be USDC?
On the Maturity Date, if the Settlement Price is larger or equal to the Linked Price, the product will be settled in USDC.
Can I revoke the purchased order before the Maturity Date?
It's irrevocable after the purchase is successful. You will hold the product until the Maturity Date.
Can I redeem the purchase early before Maturity date?
Early redemption before Maturity Date is not allowed.
What are the uncertainty and potential risks of the Dual Cryptocurrency Product?
The main uncertainty is the cryptocurrency that the product will be settled in, which is determined by where the settlement price is compared to linked price at the time of maturity. The risk of this product mainly comes from the volatility of the market: the higher the volatility, the harder it is to predict the Settlement Price and where it might be compared with the Linked Price on the Maturity Date.
When can I get my settlement and how?
You will receive the settlement amount in your Q9 account balances by 16:30 UTC+8 on the Maturity Date. It will be credited into your Q9 account automatically and no manual redemption would be needed.