Binance has a service of buying cryptocurrencies with a discount

Binance cryptocurrency exchanges, the leading bidding volume, has launched an unusual service for buying digital assets at a discount.

The section “Buying with a discount” is located in the Advanced Earn tab and now allows you to purchase bitcoins and etheriums at the rate below the market. To do this, you need to choose the right cost of the coin from the options presented in the list and choose the “Subscribe” option.

The service works as follows:

If on the indicated date the average market of cryptocurrency will be less or equal to the target price of the purchase, then all the money invested will be spent on the purchase of coins at the target price; If the target price of the purchase is less than the market course and the cost of liquidation, then 50% of the funds will be returned, and coins will be bought at the remaining half at the target price; If the market value of the asset is greater or equal to the price of liquidation, then all invested stablecoins will return and pay remuneration in the amount of the specified ARP (30% at the moment).

Thus, in the third case, when the BTC or ETH course will greatly increase, you will earn 30% of the profit. The implementation of the first scenario will cause a loss or will make it possible to go to zero, and the second option is guaranteed to turn into a profit, but its size will be reduced half of the difference between the market course and the target price. For example, if on August 1, the Bitcoin market exchange rate is $ 120,000, and you wanted to buy it at the target price of $ 117.085 by $ 1.000, then the amount arrived $ 6.21 instead of $ 12.42 (2.42%), because the BTC will buy only $ 500, and the remaining $ 500 will be returned.

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