Dual Investments are a short-term yield instrument that allow you to earn a fixed yield over a set period of time. The yield rate is known in advance, but the currency used for your final payout depends on market conditions at settlement.
In every scenario, you earn yield. What changes is whether the final payout is delivered in cryptocurrency or in fiat currency, based on whether the market price is above or below a predefined target price at expiration.
This article explains what Dual Investments are, how settlement works, and exactly how to place and track them on Kraken Pro and the Kraken Pro App.
A Dual Investment is a structured instrument where:
The yield rate is set when you place the investment.
The payout currency at settlement depends on market movement relative to your trigger price.
APR is determined by current market conditions. Once you confirm, your APR is set for the duration of the investment.
You’ll always see both potential payout outcomes on the order form before you confirm.
Sign in to Kraken Pro.
Open the Dual Investments tab on the left-hand panel.
A list of available Dual Investment options will populate the page. In the table, click the row that matches the combination you want, using the columns such as APR, Trigger price, and Period.
After selecting the Dual Investment you’d like to use, a panel will open on the right side of the page. In this panel, you enter the quantity of the investment asset you’d like to dedicate to this Dual Investment.
This panel will contain all of the essential details pertaining to your Dual Investment. It will show you your potential payouts based on the price at settlement, as well as an approximate APR quote.
Once you’ve filled in the quantity, and have reviewed the information in the order form. Click the Get APR quote button at the bottom of the form. You’ll then be shown a confirmation pop-up, displaying your APR quote, settlement date/time, and payout timing.
Click Confirm to submit your Dual Investment.
Done! Your Dual Investment is now active, and can be viewed under My Investments.
Open the Kraken Pro App, and sign in if needed.
Tap the More button on the bottom-right of the screen.
Tap the Dual Investments option under the Earn section.
You’ll then be taken to the Dual Investments page, from here you can choose an investment asset. (BTC, ETH, or USD)
If you select USD as an investment asset, you will be prompted to choose your secondary asset. (BTC or ETH)
A list of available Dual Investment options will populate the page. In the table, tap the row that matches the combination you want, using the columns such as APR, Trigger price, and Period.
After selecting the Dual Investment you’d like to use, the order form will open. In this form, you enter the quantity of the investment asset you’d like to dedicate to this Dual Investment.
You will also see essential details pertaining to your Dual Investment.Including your potential payouts based on the price at settlement, the APR quote, settlement date, and more.
Once you’ve filled in the quantity, and have reviewed the information in the order form. Tap the purple Get APR Quote button at the bottom of the form. You’ll then be shown a confirmation pop-up, displaying your APR quote, settlement date/time, and payout timing.
Swipe to confirm to submit your Dual Investment.
Done! Your Dual Investment is now active, and can be viewed under My Investments.
Sign in to Kraken Pro.
Open the Dual Investments tab on the left-hand panel.
You’ll then be taken to the Dual Investments page. From here, click on the My investments tab in the top-left corner of the page.
You’ll now be taken to the page where you can see all of your current Dual Investment information. There are three tabs, Active, Pending payouts, and Settled. Use these tabs to hone in on the information you’d like to see.
You can click any Dual Investment or pending payout to see more information regarding that entry. After clicking, a popup containing all of the information will appear.
Open the Kraken Pro App, and sign in if needed.
Tap the More button on the bottom-right of the screen.
Tap the Dual Investments option under the Earn section.
You’ll then be taken to the Dual Investments page, from here tap My investments.
On the My investments page, you will see your current investment statistics, your active investments, and any pending payouts.
To see any settled investments, tap on the Settled button circled in red below.
You can tap any Dual Investment or pending payout to see more information regarding that entry. After clicking, a popup containing all of the information will appear.
