Guess what, guys? I have discovered a feature on Bybit that will enable you to make profits daily and you don’t even have to stress.

It is the Dual Asset feature, where you can deposit your preferred crypto and earn an extra yield on the same crypto or USDT.

Impressively, the yields are very high; we’re looking at 500% APY or more.

Keep reading and I’ll show you how to make this profit.

How To Profit Daily With Bybit Dual Asset

You may watch this video to see how the Bybit Dual Asset feature works.

Also, I have explained the steps below. Enjoy!

Let’s begin by understanding what the Bybit Dual Asset is.

What Is Bybit Dual Asset?

Bybit Dual Asset is a feature that allows you to earn higher returns in low-volatility markets. 

That is to say, you will make a profit whether the crypto market is going up or down.

Cool, right?

It is called Dual Asset because you’re investing in a pair of assets: one stablecoin and a regular coin.

The idea is to predict the direction of a coin within a given time and deposit some crypto to lock in the yield of your prediction.

At the end of the set time, you’ll have the crypto you deposited plus the yield.

For example, if you choose to invest in the USDT/ATOM pair, it’s either of two things:

a. You’re selling when the price of ATOM rises to receive USDT plus your yield but if the ATOM’s value doesn’t rise, you’ll receive your deposit back plus the yield.

b. You’re buying when the price of ATOM falls to receive USDT plus your yield but if the price doesn’t fall, you’ll get back your deposit plus the yield.

Check out the table below:

Note that you can deposit either USDT or ATOM.

Also, this feature has a benchmark price and a settlement price. 

The benchmark price is the price of the assets at the point when you’re initiating the plan.

On the other hand, the settlement price is the price of the assets at the point when you’re closing the plan.

For now (06/10/2022), you can lock your crypto for one day, two days, three days, or five days.

Now that you’ve understood how it works, let’s see the steps involved.

Keep reading!

How To Set Up The Bybit Dual Asset Feature

a. To begin, you’ll need a verified Bybit account. Don’t have one? Sign up with my link.

Then download the Bybit mobile app for a smooth experience.

b. Login and select “More” from the homepage.

c. Next you click on “Earn” and then on “Dual Asset”

d. Select your preferred “Plan” and that’s it.

e. Come back at the end of the plan to collect your gains.

*Remember that you must have the crypto to deposit for the plan to work.

You can read this post to see how to fund your Bybit account.

In case you’re wondering whether this feature is a good option for you, check the next section.

Why Should I Use The Bybit Dual Asset Feature?

a. It allows you to make profits irrespective of the market direction.

b. Bybit Dual Asset takes only about 5 mins to set up.

c. You can invest as little as $10 and earn 500% APY or more.

d. It is a short-term investment, you can cash out in 5 days or less.

e. You can choose from a wide range of coins to invest in,

f. Setting up a Bybit Dual Asset plan is very easy and hassle-free.

Conclusion

And that’s all I have for you in this article, I hope you enjoyed the read.

Now, I’d love to hear from you;

Will you be setting up a plan on Bybit Dual Asset? Start here!

Perhaps, you’ve tried it before, what was your experience?

Tell me in the comments section right away.

Also, share this post with your friends, thank you.