Auto-renewal is now available for Dual Investment!

Published on Sep 27, 20232 min read
This information may not apply to all customers
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Start compounding your returns with the new Dual Investment auto-renewal feature. Launching on Sep 27, 4:00 UTC, it'll be available for existing and new orders on both the OKX app and web.

How to enable auto-renewal?

  • Step 1: Subscribe to any Dual Investment product.
  • Step 2: Enable auto-renewal with the toggle on the Dual Investment subscription page or order details page. Note that you can only cancel auto-renewal on the order details page.

How does auto-renewal work?

Depending on the outcome of your current term, there are two possible scenarios:

  • If you successfully buy low or sell high, we'll automatically cancel your auto-renewal and return both principal and interest to your Funding account.
  • If you fail to buy low or sell high, we'll automatically subscribe your principal and interest to a product at the same target price.

Example

Let's assume you subscribed to a Buy BTC low product with the target price at $26,000. On the expiration date:

  • If the BTC price is less than or equal to $26,000, you'll successfully buy BTC at $26,000 and earn BTC interest. In this scenario, we'll automatically cancel your auto-renewal.
  • If the BTC price is more than $26,000, you'll earn USDT interest. In this scenario, we'll automatically subscribe your principal and interest to a product with the target price at $26,000.

We look forward to providing you with more features in the future!

OKX team
September 27, 2023