Binance has launched its Discount Buy service, enabling users to purchase cryptocurrencies including Bitcoin (BTC) and Ethereum (ETH) below current market prices or earn APR rewards. The functionality activates based on predefined market conditions and customized investment parameters.
Users define three core settings: Target Buy Price (evaluated over a 30-minute window), Knockout Price, and Settlement Date. Depending on market performance relative to these thresholds, outcomes may include full cryptocurrency allocation, partial purchase with capital reimbursement, or complete principal return supplemented by APR rewards.
The structure provides portfolio management versatility by allowing strategic exposure to crypto assets during favorable price dips or generating passive returns if market conditions lapse. Reward rates fluctuate with market dynamics, prompting Binance to advise investors to align Target and Knockout Prices with individual risk profiles and financial objectives.