What is Bybit Discount Buy? 

Discount Buy is an advanced earn product that allows you to deploy your funds efficiently in any market condition. You can buy crypto at a discounted price, and even if the purchase is not triggered, your principal will be returned with interest. Simply select a target purchase price at the start and receive returns at maturity based on market performance.

 

Non-MNT products:

• If the Settlement Price is below the Knockout Price, you will buy crypto at your preset discounted Purchase Price.

• If the Settlement Price is equal to or above the Knockout Price, the purchase will not be triggered, and you will get back your principal plus interest in USDT.

 

MNT products:

• There is no knockout limit — you always buy MNT at the preset discounted price at maturity.

• You also enjoy MNT holder benefits during the lock-up period, including the MNT multiplier for VIP upgrades.

Who should consider Discount Buy?

Discount Buy is ideal for users who wish to buy crypto at a more favorable price while managing potential risks. For MNT products, there is no Knockout Price — you are guaranteed to buy MNT at your chosen price at maturity. The higher the market climbs, the greater your discount and potential return.

How does Discount Buy work?

For non-MNT products, you invest a principal to subscribe to a Discount Buy plan. At maturity, there are two possible scenarios:

 

 

 

For MNT products, once your subscription is successful, your funds are immediately locked as MNT holdings. During the lock-up period, you enjoy all MNT holder benefits. There is no Knockout Price — at maturity, you will always buy MNT at your preset Purchase Price, regardless of market fluctuations.

 

For more details, refer to the Introduction to Discount Buy.

How is the Settlement Price determined?

The Settlement Price is calculated as the average of the underlying Perpetual Contract's Index Price every second during the 30 minutes leading up to the settlement time.

When will my Discount Buy plan take effect?

Your Discount Buy plan will be created immediately after your order has been submitted. For the exact time, check the Investment time (UTC) under the Timeline section on the order placement page.

 

When will I receive my returns?

You will receive your returns — either your principal plus APR yield or your purchased token — within 15 minutes after settlement. For example, if the settlement time is T+1, 8 AM UTC, you will receive your returns by 8:15 AM UTC on T+1. For more details, see the information on your order placement page.

 

Can I choose the type of token I receive at maturity?

For non-MNT products, you can choose your settlement token. Let's take the BTC plan as an example. You can select In BTC or In USDT on the order placement page.

 

Settle in BTC

• Buy Scenario: You will buy BTC at the Purchase Price and receive the final payoff in BTC.

• Knockout Scenario: You will receive your principal and interest in USDT.

 

Settle in USDT

• Buy Scenario: You will buy BTC at the Purchase Price and sell it at the Settlement Price, receiving the final payoff in USDT.

• Knockout Scenario: You will receive your principal and interest in USDT.

 

 

For MNT products, your invested funds are immediately locked as MNT holdings upon successful subscription, and you will always receive MNT at maturity.

What is the difference between Dual Asset and Discount Buy?

The main difference lies in the investment outcome:

• Dual Asset: You will buy crypto at the Purchase Price only if the Settlement Price is less than or equal to the Purchase Price.

• Discount Buy:

  • Non-MNT products: As long as the Settlement Price is below the Knockout Price, you will buy crypto at the preset Purchase Price, regardless of the difference between the Settlement Price and the Purchase Price.

  • MNT products: With no Knockout Price, you will always buy MNT at the Purchase Price at maturity, no matter how the market price fluctuates.

Where will my returns be credited? 

Returns will be credited to your Funding Account within 15 minutes after settlement.

What is the source of profit from Bybit Discount Buy?

Funds invested in Discount Buy are managed by professional third-party investment institutions, engaging in strategies such as Options and Perpetual Contract trading on the Bybit platform. This structured approach is designed to effectively hedge risks while aiming to generate potential profits.

Which coins are supported on Discount Buy?

Please visit our product page for more information.

Is Identity Verification required for Bybit Discount Buy?

Yes. Individual users must complete Standard Identity Verification to purchase Bybit Discount Buy plans. To start the verification process, please click here.

 

Do note that users with Business Identity Verification are also eligible.

Are there any fees associated with Bybit Discount Buy?

No. There are no fees associated with Bybit Discount Buy — what is shown on the order placement page is exactly what you will receive.

Are there any investment amount limits?

Yes. Investment limits vary by token. Please refer to the order placement page for details.

Can I cancel or redeem my investment early once it's made?

No. Once a plan is created, it cannot be canceled or redeemed early. 

Can I purchase Bybit Discount Buy plans using Subaccounts? 

Yes. Discount Buy plans can be purchased using Subaccounts.

What are the risks associated with Discount Buy?

Although the preset Purchase Price is lower than the market price at the time of order placement, it may still be higher than the Settlement Price at maturity if the asset price drops sharply. In such cases, the purchase is settled at the preset Purchase Price, which could result in a loss.

To learn more about Discount Buy, refer to the following articles:

Introduction to Discount Buy

How to Get Started with Discount Buy