When you subscribe to Discount Buy, you can choose your preferred product based on the Knockout price, target buy price, APR, and settlement date.
Knockout Price: A set price that determines whether the purchase is filled or if you earn rewards. Target Buy Price: A set price at which you want to buy crypto asset. Settlement Price: The average Market Price in the spot trade from 07:30(UTC) to 08:00 (UTC) on the Settlement Date. Discount Buy is a high-yield structured product that allows you to buy crypto asset at a discount or earn rewards on your investment.
It is ideal for users looking to accumulate more crypto assets (e.g., BTC) in a low-volatility market.
","discount-buy-quiz1-answer1":"Discount Buy is a non-principal protected product that allows you to buy crypto asset at a discount or earn rewards on your investment.","faq-content-6-4":"Settlement Date A set date at which you want to buy crypto asset.","faq-content-6-2":"Target Buy Price A set price at which you want to buy crypto asset.","discount-buy-quiz3-answer1":"Settlement Date is a set date at which you want to buy crypto asset.","discount-buy-quiz2-answer1":"Target Buy Price is a set price at which you want to buy crypto asset, and Settlement Price is the average market price from 07:30(UTC) to 08:00 (UTC) on the Settlement Date.","earn-my-holdings":"My Holdings","discount-buy-questionnaire-desc-1":"Discount Buy is a non-principal protected structured product. It is not recommended to subscribe to Discount Buy if you do not fully understand the product. To ensure you have a good understanding of Discount Buy, please complete the below knowledge assessment.","discount-buy-questionnaire-desc-2":"This knowledge assessment includes five questions. You must score a full mark to proceed to the next step.","earn-total-profit":"Total Profit","discount-buy-questionnaire-title":"Discount Buy Tutorial & Quiz","discount-buy":"Discount Buy","cancel":"Cancel","discount-buy-finish-modal-desc":"You have passed the quiz. Now you can subscribe Discount Buy.","faq-title-9":"Are there any trading fees?","discount-buy-questionnaire-step2-notice-2":"The answers to {{number}} questions are incorrect.","faq-content-9":"There are no trading fees when the purchase is filled. Additionally, there is no subscription fee for Discount Buy products.
","congratulations":"Congratulations","discount-buy-quiz1-title":"What is Discount Buy?","confirm":"Confirm","discount-buy-questionnaire-step2-title":"Discount Buy Quiz","faq-title-6":"What are the terms of Discount Buy you should know?","faq-title-14":"Can I edit, cancel, or redeem my subscription before the settlement?","discount-buy-questionnaire-step2-notice-1":"You have finished {{number}} questions.","discount-buy-banner-subtitle":"Buy Crypto at a Discount, Earn Rewards with Ease","discount-buy-leave-modal-desc":"Are you sure that you want to quit? The quiz would not be saved.","discount-buy-quiz1-answer2":"Discount Buy is a low-risk flexible earn product.","discount-buy-quiz5-answer1":"The risk is that if the price on the Settlement Date goes far below my target buy price, I lose the opportunity to buy at a more favorable price.","faq-title-12":"How are my rewards calculated if knockout?","discount-buy-quiz5-title":"What are the risks of Discount Buy? (Multiple Choice)","faq-content-14":"Unfortunately, you cannot edit, cancel, or redeem your subscription before the settlement once you subscribe. Please read through the product terms carefully before subscribing.
","discount-buy-quiz2-title":"What is the Target Buy Price and Settlement Price in Discount Buy?","discount-buy-quiz5-answer3":"The risk is that you may have less flexibility on your assets. Once subscribed, your funds will be locked up and you won’t be able to access them until the Settlement Date.","faq-content-6-5":"Subscription Amount The amount deposited when subscribing to Discount Buy. This amount will be used to buy crypto.","faq-title-1":"What is Discount Buy?","faq-content-13":"Your investment rewards and purchased crypto will be calculated at 08:00 UTC on the Settlement Date. The rewards or purchased crypto will be distributed into your Spot Wallet within 4 hours, by 12:00 UTC.
","faq-title-13":"When will I get my crypto and rewards?","discount-buy-quiz6-answer2":"Yes, there are trading fees involved.","faq-content-6-1":"Knockout Price A set price that determines whether the purchase is filled or if you earn rewards.","done":"Done","discount-buy-quiz6-answer1":"There are no trading fees when the purchase is filled and no subscription fee for Discount Buy products.","discount-buy-questionnaire-step1-desc-2":"This knowledge assessment includes five questions. You must score a full mark to proceed to the next step.","redo":"Redo","discount-buy-quiz5-answer2":"There is no risk involved with Discount Buy.","faq-content-7":"Once the subscription is completed, your Purchase Price, Knockout Price, Settlement Date, and APR will be fixed. You are unable to revise these terms.
You can review them from [Earn Wallet] and [Earn History]
","faq-title-3":"How does Discount Buy work?","faq-title-5":"Are there any risks associated with Discount Buy?","discount-buy-quiz4-answer2":"You will receive your investment back along with APR rewards.","discount-buy-questionnaire-step1-desc-1":"Discount Buy is a non-principal protected structured product. It is not recommended to subscribe to Discount Buy if you do not fully understand the product. To ensure you have a good understanding of Discount Buy, please complete the below knowledge assessment.","discount-buy-questionnaire-step2-notice-3":"Congratulations! You have passed the quiz! You can start trading Discount Buy.","faq-content-4-2":"No Trading Fees: Enjoy zero trading fees when the purchase is filled.","discount-buy-quiz3-answer2":"Settlement Date is today.","discount-buy-quiz3-title":"What is the Settlement Date?","faq-title-8":"What is the cutoff time to subscribe to the products?","faq-content-4-1":"Get a Discount: You have the chance to buy crypto at a discount upon settlement.","faq-content-5":"Discount Buy is not a risk-free investment product and involves several risks. Please read the product terms carefully before making your investment.
Market Price Volatility Risk:
The market could move in an unforeseen direction, leading to missed opportunities. If the price moves further away from the Target Buy Price, you may lose the opportunity to buy at a more favorable price.
Less Flexibility:
Once subscribed, your funds will be locked up and you won’t be able to access them until the Settlement Date.
","what-is-discount-buy":"What is Discount Buy?","start-quiz":"Start Quiz","frequently-asked-questions":"Frequently Asked Questions","faq-content-8":"You can subscribe to the products before 23:59(UTC) two days before the Settlement Date. For the product with a settlement date of Tuesday, the cutoff time to subscribe is 23:59(UTC) on Sunday.
","faq-title-11":"What are the minimum and maximum subscription amounts?","warning":"Warning","faq-content-10":"Please refer to the product page for a list of available tokens.
","faq-content-6-6":"Subscription Period/Duration The number of days from the day of the subscription until the Settlement Date.","discount-buy-quiz4-answer1":"You will buy crypto with 100% of your investment at the target buy price.","faq-content-6-3":"Settlement Price The average Market Price in the spot trade from 07:30(UTC) to 08:00 (UTC) on the Settlement Date.","faq-content-12":"If the settlement price is above the Knockout Price, you will earn rewards instead of buying the crypto. The rewards are calculated as follows:
The rewards = Subscription Amount * [APR% * Subscription Period (in days) / 365]
Please Note:
The calculated value of APR% * Subscription Period (in days) / 365 will be rounded down to four decimal places.
For example:
You subscribe to Discount Buy with a Knockout price of 90,000, a Target Buy Price of 80,000, and a duration of 5 days. Your investment is 10,000 USDC and the APR is 20%.
If the settlement price is 95,000, which is higher than the Knockout Price, you will receive the rewards.
Your Rewards = 10,000 USDC * (0.2 * 5 / 365) = 10,000 USDC * 0.0027 = 27 USDC
","faq-title-7":"Are Target Buy Price, Knockout Price, Settlement Date and APR fixed?","faq-content-11":"There are the maximum and minimum subscription amounts. Please refer to the product page for detailed information.
","faq-title-4":"What are the benefits of using Discount Buy?","faq-title-10":"What tokens are supported?","submit":"Submit","faq-content-4-3":"High Rewards: Earn high rewards if the purchase is not filled.","discount-buy-questionnaire-step1-title":"Discount Buy Tutorial & Quiz","faq-content-3":"When you subscribe to Discount Buy, there are three possible scenarios on the settlement day:
Scenario 1: 100% Principal PurchasesIf Settlement Price <= Target Buy Price, you will buy crypto with 100% of your investment at the target buy price. Scenario 2: 50% Principal PurchasesIf Target Buy Price < Settlement Price < Knockout Price, you will buy crypto with 50% of your investment at the target buy price. Scenario 3: Receive Principal and APRIf Settlement Price >= Knockout Price, you will receive your investment back along with APR rewards.
For example:
Let's assume the current BTC price is $80,000. You subscribe to the instrument with a target buy price of $75,000, a Knockout price of $90,000, and an APR of 20%. The total Investment amount is 10,000 USDC and the duration is 10 days.Scenario 1: 100% Principal PurchasesIf Settlement Price <= $75,000, you will get 0.13333333 BTC (10,000 USDC/ $75,000) Scenario 2: 50% Principal PurchasesIf $75,000 < Settlement Price < $90,000, you will get 0.06666666 BTC (5,000 USDC / $75,000) and 5,000 USDC. Scenario 3: Receive Principal and APRIf Settlement Price >= $90,000, You will get the principal of 10,000 USDC back and rewards of 54 USDC (10,000 USDC * (0.2*10/365)).
","discount-buy-quiz6-title":"Are there any fees charged?","discount-buy-quiz4-title":"What happens if the settlement price on the settlement date is below the target buy price on the settlement date?","go-to-discount-buy":"Go to Discount Buy","faq-title-2":"How are Knockout Price, Target Buy Price, and Settlement Price defined?","trading-pair":"Trading Pair","settlement-date-utc-duration":"Settlement Date (UTC) / Duration","lower-purchase-price":"Target Buy Price","result-scenarios-on-settlement-date":"Result Scenarios On Settlement Date","select-date":"Select Date","100-principal":"100% Principal","principal-plus":"Principal +","you-will-subscribe-the-product-with-the-purchase-price-of-target-price-coin":"You will subscribe the product with the Target Buy Price of {{targetPrice}} {{coin}}.","subscription-failed":"Subscription Failed","100-principal-purchases":"100% Principal Purchases","discount-buy-is-a-high-yield-structured-product":"Discount Buy is a high-yield structured product that allows you to buy crypto at a discount or earn rewards on your investment. It is ideal for users looking to accumulate more crypto assets (e.g., BTC) in a low-volatility market.","purchases":"Purchases","before-you-proceed-please-ensure-that-you-understand-the-following-information":"Before you proceed, please ensure that you understand the following information:","enter-an-amount":"Enter an amount","knockout-price":"Knockout Price","settlement-date":"Settlement Date","50-principal-purchases":"50% Principal Purchases","position-at-expiration":"Position At Expiration","all-settlement-dates":"All Settlement Dates","once-subscribed-you-cannot-modify-or-cancel-your-order":"Once subscribed, you cannot modify or cancel your order.","there-is-not-enough-asset-in-your-balance":"There is not enough asset in your balance.","knockout-apr":"Knockout APR","please-enter-a-valid-amount":"Please enter a valid amount.","50-principal":"50% Principal","confirmation":"Confirmation","receive-principal-and-apr":"Receive Principal and APR","scenario-num":"Scenario {{num}}","if-fixing-price-knockout-price-you-will-receive-principal-and-apr":"If Settlement Price >= Knockout Price, you will receive principal and APR.","amount":"Amount","if-purchase-price-fixing-price-knockout-price":"If Target Buy Price < Settlement Price < Knockout Price, you will buy crypto with 50% of your investment at the Target Buy Price.","duration-days":"{{duration}} Days","go-to-wallet":"Go to Wallet","if-fixing-price-purchase-price-you-will-buy-crypto-with-100":"If Settlement Price <= Target Buy Price, you will buy crypto with 100% of your investment at the Target Buy Price.","please-submit-multiple-subscriptions-for-amounts":"Please submit multiple subscriptions for amounts exceeding the Maximum Amount Limits Per Subscription.","summary":"Summary","available":"Available","subscription-date":"Subscription Date","min-max":"Min/Max","once-subscribed-i-cannot-cancel-or-redeem-before-the-settlement-date":"Once subscribed, I cannot cancel or redeem before the Settlement Date.","subscribe":"Subscribe","back-to-discount-buy":"Back to Discount Buy","max":"MAX","i-have-read-and-agreed-to-discount-buy-service-terms-conditions":"I have read and agreed to Discount Buy Service Terms & Conditions","coin-spot-price":"{{coin}} Spot Price","subscription-successful":"Subscription Successful","purchase-price":"Target Buy Price","fixing-price":"Settlement Price","no-records":"No Records","knockout-apr-price":"Knockout APR / Price","discount-buy-seo-title":"Discount Buy - Buy Crypto at a Discount & Earn Rewards with Ease","discount-buy-seo-description":"Discount Buy is a high-yield structured product that allows you to buy crypto at a discount or earn rewards on your investment. Start earning today!","subscribe-chart-desc2":"On the settlement date, depending on the settlement price of {{asset}}, one of these three possible scenarios can happen.","subscribe-chart-calc3":"Settlement Result","subscribe-chart-title":"Result Scenarios On Settlement Date","subscribe-chart-image-title2":"{{number1}} < Settlement Price < {{number2}}","subscribe-chart-calc1":"How it’s calculated","subscribe-chart-calc2":"Subscription Amount","settlement-date-duration":"Settlement Date / Duration","subscribe-chart-button3":"Settlement Price <= Target Buy Price","settle":"Settle","subscribe-chart-button2":"Target Buy Price < Settlement Price < Knockout Price","subscribe-chart-image-title1":"Settlement Price >= {{number}}","subscribe-chart-button1":"Settlement Price >= Knockout Price","start":"Start","subscribe-chart-image-title3":"Settlement Price <= {{number}}","subscribe-chart-desc1":"What you’ll receive","mp-faq-content-2":"It is ideal for users looking to accumulate more crypto assets (e.g., BTC) in a low-volatility market.","mp-faq-content-2-1":"When you subscribe to Discount Buy, you can choose your preferred product based on the Knockout price, target buy price, APR, and settlement date.","mp-faq-content-2-2":"Knockout Price: A set price that determines whether the purchase is filled or if you earn rewards.","mp-faq-content-1":"Discount Buy is a high-yield structured product that allows you to buy cryptocurrency at a discount or earn rewards on your investment.","mp-faq-content-12-3":"Please Note:","scenario1":"Scenario 1","mp-faq-content-5-4":"Less Flexibility:","mp-faq-content-2-3":"Target Buy Price: A set price at which you want to buy cryptocurrency.","mp-faq-content-3-4":"Receive Principal and APRIf Settlement Price = Knockout Price, you will receive your investment back along with APR rewards.","for-example":"For example:","mp-faq-content-3-1":"When you subscribe to Discount Buy, there are three possible scenarios on the settlement day:","scenario-1":"Scenario 1:","mp-faq-content-2-4":"Settlement Price:The average Market Price in the spot trade from 07:30(UTC) to 08:00 (UTC) on the Settlement Date.","mp-faq-content-5-3":"The market could move in an unforeseen direction, leading to missed opportunities. If the price moves further away from the Target Buy Price, you may lose the opportunity to buy at a more favorable price.","mp-faq-content-5-1":"Discount Buy is not a risk-free investment product and involves several risks. Please read the product terms carefully before making your investment.","mp-faq-content-3-3":"50% Principal PurchasesIf Target Buy Price Settlement Price Knockout Price, you will buy crypto with 50% of your investment at the target buy price.","your-subscription-is-successful":"Your subscription is successful.","scenario2":"Scenario 2","mp-faq-content-3-6":"100% Principal PurchasesIf Settlement Price = $75,000, you will get 0.13333333 BTC (10,000 USDC/ $75,000)","mp-faq-content-12-1":"If the settlement price is above the Knockout Price, you will earn rewards instead of buying the crypto. The rewards are calculated as follows:","result-scenarios":"Result Scenarios","invalid-input-amount-numOfDp":"Invalid input, supports up to {{numOfDp}} decimal places.","mp-faq-content-3-8":"Receive Principal and APRIf Settlement Price = $90,000, You will get the principal of 10,000 USDC back and rewards of 54 USDC (10,000 USDC * (0.2*10/365)).","mp-faq-content-3-7":"50% Principal PurchasesIf $75,000 Settlement Price $90,000, you will get 0.06666666 BTC (5,000 USDC / $75,000) and 5,000 USDC.","mp-faq-content-5-5":"Once subscribed, your funds will be locked up and you won’t be able to access them until the Settlement Date.","mp-faq-content-5-2":"Market Price Volatility Risk:","mp-faq-content-3-5":"Let's assume the current BTC price is $80,000. You subscribe to the instrument with a target buy price of $75,000, a Knockout price of $90,000, and an APR of 20%. The total Investment amount is 10,000 USDC and the duration is 10 days.","mp-faq-content-12-4":"The calculated value of APR% * Subscription Period (in days) / 365 will be rounded down to four decimal places.","faq":"FAQ","mp-faq-content-3-2":"100% Principal PurchasesIf Settlement Price = Target Buy Price, you will buy crypto with 100% of your investment at the target buy price.","mp-faq-content-7-1":"Once the subscription is completed, your Purchase Price, Knockout Price, Settlement Date, and APR will be fixed. You are unable to revise these terms.","mp-faq-content-12-5":"You subscribe to Discount Buy with a Knockout price of 90,000, a Target Buy Price of 80,000, and a duration of 5 days. Your investment is 10,000 USDC and the APR is 20%.
If the settlement price is 95,000, which is higher than the Knockout Price, you will receive the rewards.
Your Rewards = 10,000 USDC * (0.2 * 5 / 365) = 10,000 USDC * 0.0027 = 27 USDC
","this-knowledge-assessment-includes-five-questions":"This knowledge assessment includes five questions.","mp-faq-content-7-2":"You can review them from [Earn Wallet] and [Earn History]","scenario-2":"Scenario 2:","scenario-3":"Scenario 3:","scenario3":"Scenario 3","you-must-score-a-full-mark-to-proceed-to-the-next-step":"You must score a full mark to proceed to the next step.","mp-faq-content-12-2":"The rewards = Subscription Amount * [APR% * Subscription Period (in days) / 365]","Tutorials":"Tutorials","discount-buy-banner-subtitle2":"Crypto Accumulator: Earn Yield by Placing Orders - More Efficient Than Limit Orders","subscribe-chart-placing-order-interest":"Placing Order Interest","subscribe-chart-executed-price":"Executed Price","subscribe-chart-executed-amount":"Executed Amount","subscribe-chart-scene3-desc":"Full position executed.","subscribe-chart-scene2-desc":"Half-position accumulation on dips, with a maximum profit of {{apr}} APR (APR calculation= (Knockout price - Target buy price) / Duration * 365 / Target buy price / 2).","subscribe-chart-scene1-desc":"Knockout triggered and order not executed, earning placing order interest."}