Bitget launched the third phase of the US stock FCN, with a discount rate of 15%

Bitget launches the 3rd phase of US stock FCN (Fixed Coupon Notes). The discount rate for this phase is 15%, with the underlying assets and reference APR range for Intel INTC 18%--21% and Tesla TSLA 12%--14.6%. The fundraising ends on September 3 at 16:00 (UTC+8), and the product quota is limited, available on a first-come, first-served basis.

Bitget is also conducting a limited-time cashback event, where users can receive corresponding cashback after their cumulative subscription amount reaches a specified tier, with a maximum of 10,000 USDT per person. The event ends on September 18.

This FCN is a structured financial product linked to a single US stock rToken. Users subscribe using USDT and choose the target US stock, with the buying execution price determined by the closing price of the US stock on the fundraising end date multiplied by the discount rate. At maturity, if the observation price is not lower than the execution price, the USDT principal and fixed interest will be returned; if it is lower than the execution price, the principal will be converted to the corresponding rToken at the execution price, while still receiving fixed interest.