KuCoin Draws Ire for Sky-High Yields on Bitcoin Dual Investment Earn Products

KuCoin Draws Ire for Sky-High Yields on Bitcoin Dual Investment Earn Products

emmm
what is happening on Kucoin?
USDT 100%? eth 186%?
is this a glitch or what is this? pic.twitter.com/NqNUdMDfKA
— Pentoshi 🐧 (@Pentosh1) November 29, 2022
1 / I’ve been seeing absurd #Kucoin FUD regarding the APR.
Dual Investment is a financial product that is non-principal-protected and has high yields. Same on Binance should you withdraw from Binance because of the enormous APR. No!
Is this a real concern? Absolutely not.👇 pic.twitter.com/me6UzRXRU8
— WIZΞ (@TraderWize) November 29, 2022
Kucoin’s “Dual Investment” product is just selling a straddle directly to Kucoin, but explained in a obfuscated way so it is less obvious to the noobs. pic.twitter.com/mIoN3yGDUC
— scott🍈 (@scott_lew_is) November 29, 2022
KuCoin’s Dual Investment Product has raised some real buzz. PLEASE note that it’s not a staking or guaranteed interest product and it can imply earning passive income with potential risk. Think before you invest, make sure you know the projects or products well. https://t.co/Vdm9vc6CDL
— Johnny_KuCoin (@lyu_johnny) November 30, 2022

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