By operating Coincall Accumulator, Investors can continuously buy a certain cryptocurrency at a discount in the spot market on Coincall.
For example, buying spots at an 80% discount, which means buying the cryptocurrency at 80% of the agreed current market price every week.
- This product specifies the expiration date, target price, knock-out price, and the quantity of the cryptocurrency the investor will buy each week.
- Daily observations are made, and if the price of the underlying asset is higher than the knock-out price on any day, the product will terminate and returns will be paid out.
1. Product Feature
- Buying Spots with Discount: Investors can buy cryptocurrency at a discount.
- Downside Protection: Investors' principal will not incur losses even if the cryptocurrency price falls, as long as it remains above the target price.
- Suitable Investors: Suitable for investors who hold a mildly bullish view or investors who plan to buy cryptocurrencies at a target price, willing to gradually build their positions at a cost below market price through periodic investment.
| Buy Spots in the Market | Accumulator | |
| Pros | Easy to operate and can directly buy from the spot market | Buy spots at discounts with better prices |
| Cons | There are no discounts on prices | If the price significantly increases, the product will be knocked out, resulting in fewer purchases. |
2. Earning Structure
- Throughout the trading process, investors will buy cryptocurrency every day based on the target price, which will have a certain discount compared to the initial price.
- The number of daily purchases will be determined by the daily price.
| Price（X） | Number of Purchases |
| X > Knock-out Price | Knock-out |
| Knock-out Price >= X >= Target Price | Daily Purchase Quantity |
| X < Target Price | Daily Purchase Quantity * 200% |
3. Product Example
| Term | 9 months, with daily observations for knock-out |
| Investment Token | USDT |
| Linked Token | BTC/USDT |
| Knock-out Price | Initial Price*120% |
| Target Price | Initial Price*83% |
| Daily Purchase Quantity | • If the daily price of the underlying asset < target price, purchase 200% of the daily purchase quantity at the target price； • if the daily price of the underlying asset ≥ the target price, purchase 100% of the daily purchase quantity at the target price. |
| Automatic Knock-out Event（Daily Observation） | If on any knock-out observation date, the price of the linked token > the knock-out price, the product will be automatically redeemed and investors will receive: 1. The total quantity of cryptocurrency purchased 2. The remaining amount that has not yet been purchased New terms can be set on the knock-out day, along with whether to continue purchasing. |
If you're interested in buying crypto at a discounted price on Coincall, please contact our VIP Manager at vip@coincall.com for a subscription. We will provide you with the best-customized products and optimal prices!
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