FAQ — Dual Asset

What is Dual Asset?

Dual Asset is a non-principal-protected structured investment product that allows users to potentially earn returns by predicting the market movement of a specific crypto asset within a specified period. Users can choose from a variety of token pairs, investment terms, and target prices based on their investment objectives and risk tolerance. Depending on the price movement of the selected cryptocurrency, the settlement outcome and returns may vary.

1. Subscription Amount — The crypto asset and amount selected when subscribing to a Dual Asset product. This amount will be used to buy or sell the target cryptocurrency upon settlement.
2. Target Price — The price at which you intend to buy or sell the target crypto asset.
3. Investment Term — The number of days between the subscription date and the settlement date.
4. Settlement Time — 08:00 (UTC) on the settlement date.
5. Settlement Price — The average Bybit Spot market price during the 30-minute period immediately preceding 08:00 (UTC) on the settlement date.

The settlement price and the target price determine the final settlement outcome of your Dual Asset investment. For more information, please refer to Introduction to Dual Asset.

Is Identity Verification required for Dual Asset?

Only users with Standard or Advanced Individual KYC can trade or stake Earn products. For more information, please refer to FAQ — Individual KYC. Please note that Earn products are not available for users who have verified Business KYC.

How are returns for Dual Asset products generated?

Subscribed assets are deployed to the Bybit Derivatives market via advanced strategies, and managed by trusted third parties with a reliable track record. No on-chain activity is involved in the yield generation process.

What are Settlement Price and Target Price?

1. Settlement Price: The average of the Bybit Spot market price in the 30 minutes prior to Settlement Time, which is 8AM UTC on the Settlement Date.
2. Target Price: The price at which you wish to buy or sell crypto.

Is the profit guaranteed?

The returns in asset value are not guaranteed, due to market volatility and slippage tolerance of up to 5%. On the Settlement Date, you’ll receive your return in either stablecoins (USDT) or your subscribed crypto asset type, depending upon whether the Settlement Price reaches the Target Price.

Is Dual Asset the product right for me?

Dual Asset might be a good fit for you if you want to

1. Take profit: Sell your crypto at a Target Price to realize profits while benefiting from additional interest yield.
2. Buy the dip: Buy crypto at a desired Target Price, and enjoy additional interest yield.
3. Earn passive crypto income: Gain higher interest on your crypto holdings while passively growing your portfolio.

Are there any risks associated with Dual Asset?

Dual Asset is not a risk-free investment.

1. Due to unpredictable market price fluctuations, there’s uncertainty as to which coin will be settled.
2. Due to market volatility, the returns on asset value aren’t guaranteed.
3. Subscribed assets are locked, which means you can’t cancel or redeem your plan before the Settlement Date.
4. In the event that the market price moves further away from the Target Price, you may lose the opportunity to buy or sell at a favorable price.
5. The trade can only take place based on the price on the Settlement Date.

Please read through the terms carefully before investing. Bybit does not assume responsibility for any losses incurred as a result of price fluctuations.

Which coin can I use to subscribe to the Dual Asset plan?

For the Buy Low product, you can subscribe using stablecoin (USDT), while for the Sell High product, you can subscribe using the crypto assets (such as BTC, ETH).

Is there a minimum subscription limit?

Yes. The minimum subscription amount will be indicated in the order zone under the Invested Amount.

What types of Dual Asset products can I purchase?

Dual Asset offers a wide range of investment options, supporting more than 40 popular cryptocurrencies, including BTC and ETH. With flexible investment terms ranging from as short as 8 hours to over 200 days, Dual Asset is designed to accommodate different investment strategies and portfolio preferences.

When will my order take effect?

Your plan status will usually be confirmed within 30–60 seconds after you submit your order. Once the subscription is successful, your return will begin to be calculated. In the case of a 3-day plan, your order will be settled three (3) days later (8AM UTC on the Settlement Date).

Can I edit or early redeem my Dual Asset subscription?

Once the subscription is confirmed, you cannot modify your Target Price, Investment Amount or Settlement Date. Likewise, you cannot redeem your Dual Asset subscription before the Settlement Date.

Is my return calculated based on the APR displayed when I purchase the plan?

On account of market slippage, the final APR used to calculate the return might be different from the APR displayed at the time of purchase.

Please note that the APR displayed on the Subscription page is updated in real-time to reflect the current market conditions.

How are the returns calculated?

Returns in Dual Asset comprise two components: Interest Income and Subscription Amount. Your returns will depend upon whether the Target Price has been reached.

For more information, please refer to Introduction to Dual Asset.

When and how can I receive my return?

Each confirmed Dual Asset subscription has a Settlement Time, which is 8AM UTC on the Settlement Date. Within 30 minutes of Settlement Time, returns from your Dual Asset subscription will be credited back to your Funding Account.

How can I withdraw my yield?

Dual Asset returns will be credited to your Funding Account. Please make a transfer from your Earn Account → Funding Account before proceeding with your withdrawal.

Can I purchase Dual Asset products using Subaccounts?

Yes, you can purchase Dual Asset products using subaccounts.

How to Use a Trial Fund on Dual Asset?

If you are eligible for a Trial Fund for the Dual Asset product, you will find the rewards on the Bybit Earn page under Voucher, located in the upper right corner. Alternatively, you may also find these Trial Fund rewards on the My Rewards page.

Upon clicking Use, you will be led to the Buy Low product. Click Buy Now on your preferred invested product.

Note: This Trial Fund reward is only available for the Dual Asset - Buy Low product.

Upon selecting the product, the Trial Fund will automatically apply to your effective investment amount. Click Enjoy 0 Cost to place the order. Please note that the investment amount is fixed and cannot be adjusted once the Trial Fund is applied.

Once you have placed the order, you may click View My Holdings to find the successful order on the Dual Asset Order history page.

Why don't I see the trial fund in my Funding Account and Dual Asset Asset?

The Dual Asset trial fund allows you to experience actual Dual Asset returns without incurring any costs. Your earnings are determined by the product's settlement price and APR. While the yield will be added to your account, the trial fund principal will not be counted towards your total assets.