BigONE Discount Buy Feature Now Available! Enjoy Additional Subsidies From Us!

Dear BigONE users,

BigONE has launched the new Discount Buy feature. Enjoy additional 5% APR subsidizes from BigONE with a knock out APR increase from 15% to 20%. This opportunity allows you to purchase BTC or ETH below the current market price by investing USDT. If the target asset is not acquired, the USDT principal along with an extra 20% annualized return will be refunded upon settlement.

The Discount Buy feature is an advanced product designed for earning coins, ideal for acquiring assets at market lows during sideways movements. Should the settlement price dip below the knock out price, the target asset can be secured at a rate below the market price at the order placement time. Conversely, if the settlement price exceeds the knock out price, both the principal and the interest from the supplementary annualized return will be acquired.

If you hold USDT and want to buy BTC or ETH at a certain price, you can choose to participate in Discount Buy.

Example:
User A chooses to invest 10,000 USDT to buy BTC, the current market price of BTC is 60,000 USDT
Purchase price 58,000 USDT
Knockout price 62,000 USDT
Knockout annualized yield 20%
Term: 5 days

On the settlement date,

If the BTC settlement price is lower than the knockout price of 62,000 USDT, the user will receive BTC at a price of 58,000 USDT which will be 10000/58000 = 0.1724BTC
Note: If the BTC market price is lower than the purchase price of 58,000 USDT at the time of settlement, it will also be settled at a price of 58,000 USDT, and the user will miss the opportunity to buy at a lower price.

If the settlement price is higher than the knockout price of 62,000 USDT, the user will recover the initial investment principal and an additional annualized yield of 20% USDT which will be 10000 10000 * 20% / 365 * 5 = 10027.39726 USDT

BigONE Discount Buy Portal: https://big.one/en/structure/kof

Product Description

• After you have participated in the Discount Buy, you can view the details of unsettled products in "Current Positions"; view the details of settled products in "Historical Positions".
• The settlement currency of the discounted coin purchase product will be converted to the target asset after the purchase is successful, otherwise the USDT principal will be returned.
• The product settlement time is 16:00 (UTC 8) on the settlement day, and the principal and interest will be credited to your Earn account within 6 hours after settlement.
• Early redemption is not supported after the product is invested.

Risk Warning:

1. If the price of the selected token falls unilaterally, the market price of the selected token on the settlement day is lower than the purchase price, and you will miss the opportunity to obtain cryptocurrency at a better price.
2. If the price of the selected token is higher than the knock out price on the settlement day, the target asset cannot be purchased at the purchase price, and the principal and additional annualized return will be returned.
3. After successful participation, the purchase price, knock out price and knock out annualized rate of return have been determined. Once the participation is successful, it cannot be modified or withdrawn early.
4. Prior to making any investment decisions, it is advisable to conduct an independent assessment to determine if the product aligns with your financial situation, investment experience, objectives, risk tolerance, and comprehension of the product's nature and associated risks.

More Informations:
BigONE Discount Buy FAQ
BigONE Discount Buy Tutorial 

BigONE, more than just asset security.

BigONE Team
30 September 2024