Bitget launches the 5th phase of the US stock bottom-fishing profit interest FCN, enjoying a 25% discount on purchasing US stocks and a maximum 20% APR

Bitget has launched the 5th phase of its U.S. stock bottom-fishing interest-earning product FCN (Fixed Coupon Note). This phase of the product has a term of 1 month, with underlying assets and reference APR including: RKLB (20% discount) 16%--20.31%, TSLA (15% discount) 8%--10.44%, MSTR (25% discount) 12%--15.29%. The fundraising for this product ends on September 24 at 16:00 (UTC+8), and the product quota is limited, available on a first-come, first-served basis.

It is reported that Bitget FCN (Fixed Coupon Note) is a type of structured financial product linked to a single U.S. stock rToken. Users can subscribe using USDT and choose their target U.S. stock, determining the purchase execution price of the current product based on the closing price of the U.S. stock on the fundraising end date * discount rate. Upon 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 into the corresponding rToken at the execution price, while still receiving fixed interest.