You can buy cryptocurrencies at a significant discount on the Binance exchange

Leading cryptocurrency exchange by trading volume Binance launched an unusual service for purchasing digital assets at a discount.

The «Buy at a discount» section is located in the Advanced Earn tab and now allows you to buy bitcoins and ethereums at a rate below the market rate. To do this, you need to select the appropriate coin value from the options presented in the list and select the «Subscribe» option.

Interface of the platform «Purchase with a discount»

The service works as follows:

1. If on the specified date the average market rate of the cryptocurrency is less than or equal to the target purchase price, then all invested money will be spent on purchasing coins at the target price;
2. If the target purchase price is less than the market rate and the liquidation price, then 50% of the funds will be returned, and the remaining half will be used to buy coins at the target price;
3. If the market value of the asset is greater than or equal to the liquidation price, all invested stablecoins will be returned and a reward will be paid in the amount of the specified ARP (30% at the moment).

Thus, in the third case, when the BTC or ETH rate grows strongly, you will earn 30% profit. The first scenario will cause a loss or give you the opportunity to break even, and the second option is guaranteed to turn into a profit, but its size will be reduced by half from the difference between the market rate and the target price. For example, if on August 1, the market rate of Bitcoin is $ 120,000, and you wanted to buy it at the target price of $ 117,085 for $ 1,000, then the profit amount will be $ 6,21 instead of $ 12,42 (2,42%), because BTC will be bought only for $ 500, and the remaining $ 500 will be returned.

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