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Introducing Double-Win: Surf Volatility to Score

Oct 11, 2023Earn
Disclaimer: This is a general announcement. Products and services referred to here may not be available in your region. Please refer to T&C for more details.

What's the key to riding out periods of massive market fluctuations or sudden spikes in volatility? The three S'es: Stoicism, Swift response, and creative hedging Strategies. We're thrilled to introduce a Bybit Earn product that offers them all.

Unveiling Double-Win

Double-Win is an advanced short-term structured product that helps users preempt strong market movements in both directions.

Learn more about Double-Win here.

How does it work?

Double-Win is based on the concept of binary options. At expiration, users either receive a payoff if the settlement price sits outside the preset range, or nothing at all if the price falls within the range.

To subscribe to a Double-Win plan, start by setting a Double-Win range based on your prediction of the price of the underlying asset.

Here are the payoff scenarios of a Double-Win plan:

Payoff Scenario

Settlement Price ≥ Upper Range Price

Settlement Price ≤ Lower Range Price

Lower Range Price < Settlement Price < Upper Range

Outcome

Payoff = Investment Amount + Leveraged Returns

Payoff = Investment Amount + Leveraged Returns

Payoff = 0

You will lose your entire investment amount.

When to use Double-Win?

Below are some examples of when a Double-Win plan might be suitable:

Stay Ahead of the Curve: Subscribe to Double-Win before the release of major indices such as CPI or LPR that may impact the market.

Finger on the Market Pulse: Capitalize on headline events such as Ethereum upgrades or legal decisions.

Speculate on Swings: Leverage strong market volatility within your Double-Win subscription period.

Hedge Against Volatility: Help to manage market volatility risks with preset price ranges.

Key Advantages

- Quick Settlement: Provide a quick turnaround for your investment as Double-Win plans settle in as short as eight (8) hours.

- Diverse Preset Range: Choose from a variety of preset ranges that give you the flexibility to tailor your strategies to market conditions.

- Unlimited Potential Returns: Potential returns increase as the settlement price moves further away from the Double-Win range.

Availability

Double-Win is available on the Bybit website and app.

Catch the wave of market volatility. Discover Double-Win on Bybit.

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