TechFlow news, July 29 — According to an official announcement, Binance has recently launched a new structured product called "Discount Buy". This product allows users to set a target purchase price, knock-out price, and settlement date, offering three possible investment outcomes: fully purchasing the cryptocurrency if the settlement price is below the target purchase price; partially purchasing if the settlement price is between the target purchase price and the knock-out price; or receiving a fixed annualized return if the settlement price exceeds the knock-out price.
The product currently supports Bitcoin and Ethereum trading and is suitable for low-volatility market conditions. User funds will be locked upon subscription until the settlement date and cannot be redeemed early.
