Want to invest in Bitcoin but think the current price is too high? Afraid of missing out on the bull market? Binance recently launched a discount buy feature that lets you buy BTC/ETH at your desired price using USDT.

This product can be understood as a "limit order with higher capital efficiency." Users use stablecoins such as USDT to set target purchase and strike prices, select an investment period and a fixed annualized rate of return, and automatically execute the purchase when the conditions are met after the order expires. Unlike ordinary limit orders, this product generates income while the funds are waiting, and investors will receive a return regardless of whether the transaction is ultimately completed.

Assume that an investor invests 1,000 USDT and sets the purchase price of BTC to $60,000, with a strike price of $70,000, an annualized yield of 20%, and a maturity of 10 days.

There are three possible outcomes on the settlement date:

• If the BTC price is less than or equal to $60,000, all funds will be used to buy BTC at the set price.
• If the price is between $60,000 and $75,000, 50% of the funds will be used to purchase the property, and the remaining 50% will be returned.
• If the price is higher than $75,000, the principal will be fully returned and the above annualized return will be obtained.

The biggest advantage of this feature is that it solves the problem of idle funds in traditional limit orders. In regular trading, funds held in limit orders generate no income, but buying at a discount allows funds to continue to generate value during the waiting period. For investors who are bullish on an asset in the long term but believe the current price is too high, this is undoubtedly a more efficient way to enter the market.

Here’s a quick comparison of buying at a discount and placing a limit order:

Buying coins at a discount is particularly valuable during periods of sideways or mild market growth. Investors can set a target buy point below the current market price, which not only preserves the opportunity to buy at a low price but also ensures that their funds will generate returns during the waiting period. Compared with traditional financial products or simply holding coins, this structured solution provides a better risk-reward balance.

Of course, as a structured, high-yield financial product, there are several risks associated with buying coins at a discount. First, the target price must be based on a judgment of market trends. Second, funds cannot be redeemed before the settlement date. Finally, while the probability of earning a profit is high, the ultimate return depends on actual market trends, and the market may fall further after a successful purchase at a discount.

Overall, Binance's discounted buy feature represents an innovative direction for cryptocurrency financial products, integrating trading strategies with financial returns. In the current market environment, this tool offers investors more diversified options and helps optimize overall portfolio performance. For investors who prioritize capital efficiency and risk management, it's worthwhile to gain a deeper understanding and utilize it effectively.

How to apply for discounted purchase of coins?

1. Log in to your Binance account and go to [Financial Management] > [Advanced Earnings] > [Buy Coins at a Discount].

2. Select from the list of available products. Each product has a preset target purchase price, strike price, annualized rate of return (APR), and settlement date.

3. Enter the amount you want to purchase;

4. If you are applying for a discount for the first time, you will be asked to complete a test.

5. Please read the Terms and Conditions carefully before purchasing and confirm that you understand that once your purchase is successful, your order cannot be modified, cancelled or redeemed before settlement.