This is a general and marketing announcement. Products and services referred to here may not be available in your region.
Binance Futures is excited to launch a new promotion for BFUSD. Eligible participants can buy BFUSD to enjoy up to 70% Bonus APY rewards. In addition, users can also enjoy zero fees on all BFUSD purchases.
What Is BFUSD
BFUSD is a reward-bearing margin asset. Users can hold BFUSD in their USDⓈ-M Futures Account to earn daily USDT rewards without having to stake or lock up their funds. Active Binance Futures traders are entitled to receive Boosted APY rewards that are higher than the Base APY rewards for non-traders. BFUSD can also be used as margin in the Multi-Assets Mode Futures Accounts, with an almost 100% collateral ratio.
To enjoy the Base APY rewards, users must hold BFUSD in their USDⓈ-M Futures Account. To enjoy Boosted APY rewards, which is a higher rate than the Base APY, users must complete a USDⓈ-M trade each day to be eligible for the rewards for that day.