Bitget launches 3rd U.S. stock bottom-fishing FCN product, offering 85% discount on U.S. stocks and up to 21% APR

Odaily Planet Daily News: Bitget has launched the 3rd U.S. stock bottom-fishing product FCN (Fixed Coupon Note). The execution discount rate for this round is 85%, with reference APR ranges for underlying assets: Intel INTC 18%–21%, Tesla TSLA 12%–14.6%. The subscription period ends on September 3 at 16:00 (UTC+8). Product quota is limited and will be allocated on a first-come, first-served basis.

Additionally, Bitget's limited-time cashback campaign is still ongoing. Users who reach designated cumulative subscription amounts will receive corresponding cashback rewards, with a maximum of 10,000 USDT per individual. The campaign runs until September 18. For more details, please refer to Bitget's official platform.

It is reported that Bitget FCN (Fixed Coupon Note) is a structured financial product tied to a single U.S. stock rToken. Users can subscribe using USDT and choose their target U.S. stock, with the execution price determined by the U.S. stock's closing price * discount rate on the product's subscription closing date. At maturity, if the observation price is not lower than the execution price, the USDT principal and fixed interest will be returned; if it is lower, the principal will be converted into the corresponding rToken at the execution price, while still earning the fixed interest.