Binance Earn has launched Discount Buy, a new structured product designed to help users target buying cryptocurrency below the current market price or earn fixed rewards based on market movements.
This product is particularly beneficial in low-volatility markets, allowing users to automate their entry price and potential rewards without the need for constant market monitoring, offering a strategic approach for those looking to accumulate crypto without the pressure of perfect timing.
Discount Buy operates on a few key settings that users will be able to toggle: Target Buy Price, Knockout Price, APR, and Settlement Date.
Target Buy Price: the price at which users aim to purchase crypto, typically set lower than the current market rate. If the market reaches this level at the product's expiry, users can buy crypto at this pre-set price. The Settlement Price is the average market price during a specific window on the Settlement Date, which determines the outcome for the user.
Knockout Price: a threshold, where if the Settlement Price equals or exceeds this level, users do not buy crypto but receive their full investment back plus APR rewards. The Settlement Date marks the end of the Discount Buy product, dictating whether funds will be used to purchase crypto, earn rewards, or a combination of both.
Settlement Date: there are three possible outcomes based on the Settlement Price relative to the Target Buy Price and Knockout Price.
If the Settlement Price is less than or equal to the Target Buy Price, 100% of the investment is used to buy crypto at the Target Buy Price.
If the Settlement Price is higher than the Target Buy Price but lower than the Knockout Price, 50% of the investment is used to buy crypto, and the remaining 50% is returned in stablecoins.
If the Settlement Price equals or exceeds the Knockout Price, no crypto is purchased, and the user receives their full investment back plus APR rewards.
Discount Buy is most effective in stable markets where prices do not fluctuate significantly.
However, it is important to note the risks involved. Funds are locked until the Settlement Date, and there is a possibility of purchasing crypto at an above-market price during high volatility. Users should thoroughly understand the product mechanics and assess their risk profile before investing.
Discount Buy is only available in selected countries.
Binance Earn is also offering an exclusive promotion to celebrate the launch of Discount Buy.
Promotion Period: July 29, 2025, 08:00 (UTC) to August 12, 2025, 23:59 (UTC)
Eligible users who opt in on the activity page and subscribe to Discount Buy during the Promotion Period will receive an additional 10% discount on top of their selected discount rate upon successful crypto purchases.
Subscriptions with an accumulative volume between 10 USDT and 3,000 USDT and with settlement dates before the end of the promotion period will qualify for this reward. The reward will be calculated based on the amount of crypto bought.