Disclaimer: In compliance with MiCA requirements, unauthorized stablecoins are subject to certain restrictions for EEA users. For more information, please click here.
LDUSDT is a reward-bearing margin asset that allows Simple Earn Flexible Product users to use their USDT Flexible Assets as USDⓈ-M Futures Trading margin, while still earning APR rewards from Simple Earn Flexible Products.
Users can swap Simple Earn USDT Flexible Assets to LDUSDT and use it as USDⓈ-M Futures Margin
1. Login to your Binance Account. Go to [Assets] - [Futures] - [LDUSDT]. Alternatively, you can also visit the LDUSDT page directly.
2. Convert your USDT Flexible Assets to LDUSDT.
a. If you have USDT in Simple Earn Flexible Products:
i. Click on [Swap], enter the USDT Flexible Assets amount you would like to swap to LDUSDT.
ii. View the Conversion Ratio* and the LDUSDT amount you will receive. Click [Confirm].
iii. USDT will be deducted from your Earn Account and LDUSDT will be added to your USDⓈ-M Futures Account.
Please note: *The conversion rate between USDT and LDUSDT is not 1:1. The conversion rate is updated every minute according to the Simple Earn USDT Real-Time APR. The USDT in your Earn Account will be reduced and the LDUSDT in your USDⓈ-M Futures Account will increase.
b. If you don’t have USDT in Simple Earn Flexible Products:
i. Click [Subscribe] to go to the Simple Earn Products page.
ii. Click [Subscribe] under USDT Flexible, enter the USDT amount you’d like to subscribe, and click [Confirm].
iii. For more information on subscribing to Simple Earn Flexible Products, refer to this FAQ: Get Started with Binance Simple Earn Flexible Products.
3. Click [Trade] to go to Binance Futures. Click on the [Settings] icon, and switch to [Multi-Assets Mode]. You can use LDUSDT as trading margin for USDⓈ-M Futures.
4. Under the [Assets] tab, you can view the Real-Time APR of LDUSDT.
1. Login to your Binance App. Go to [Assets] - [Futures] - [LDUSDT].
2. Convert your USDT Flexible Assets to LDUSDT.
a. If you have USDT in Simple Earn Flexible Products:
i. Tap [Swap], enter the USDT Flexible Assets amount you would like to swap to LDUSDT.
ii. View the Conversion Ratio* and the LDUSDT amount you will receive. Tap [Confirm].
iii. USDT will be deducted from your Earn Account and LDUSDT will be added to your USDⓈ-M Futures Account.
Please note: *The conversion rate between USDT and LDUSDT is not 1:1. The conversion rate is updated every minute according to the Simple Earn USDT Real-Time APR. The USDT in your Earn Account will be reduced and the LDUSDT in your USDⓈ-M Futures Account will increase.
b. If you don’t have USDT in Simple Earn Flexible Products:
i. Tap [Subscribe] to go to the Simple Earn Products page.
ii. Tap [Subscribe] under USDT Flexible, enter the USDT amount you’d like to subscribe, and tap [Confirm].
iii. For more information on subscribing to Simple Earn Flexible Products, refer to this FAQ: Get Started with Binance Simple Earn Flexible Products.
3. Tap [Trade] to go to Binance Futures. Then, tap [...] - [Preferences] - [Asset Mode] - [Multi-Assets Mode]. You can use LDUSDT as trading margin for USDⓈ-M Futures. Under the [Assets] tab, you can view the Real-Time APR of LDUSDT.
Note: LDUSDT will be kept in the USDⓈ-M Futures Account. It cannot be withdrawn out of futures accounts or out of Binance, nor be converted to other assets.
1. On the LDUSDT page, click on [Swap].
2. Change the Swap direction from USDⓈ-M Futures to Earn. Enter the LDUSDT amount you would like to swap back to USDT. View the Conversion Ratio and the USDT amount you will receive. Click [Confirm]. USDT will be transferred back to your Earn Account.
1. Login to your Binance App. Go to [Assets] - [Futures] - [LDUSDT]. Tap [Swap].
2. Change the Swap direction from USDⓈ-M Futures to Earn. Enter the LDUSDT amount you would like to swap back to USDT. View the Conversion Ratio and the USDT amount you will receive. Tap [Confirm]. USDT will be transferred back to your Earn Account.
Only Simple Earn USDT Flexible Products are applicable. Locked Products and Fixed Rate Supply subscriptions do not support LDUSDT. For more information on Simple Earn Flexible Product APR and Terms, check Binance Simple Earn Terms.
LDUSDT is the converted form of your USDT from Simple Earn Flexible Products. Real-Time APR Rewards are reflected and accumulated directly in LDUSDT’s value. Bonus Tiered rewards are not applicable to LDUSDT. For more information on Simple Earn Flexible Product APR and Terms, check Binance Simple Earn Terms.
The Collateral Value Ratio is 99.9%.
After clicking on the [Swap] button, users can view the real-time conversion rate as well as the amount they will receive before they click [Confirm]. This rate applies when swapping USDT to LDUSDT and when swapping back USDT from LDUSDT. No additional fees are applied when swapping between USDT and LDUSDT and vice versa.
5. Can I use a sub account to swap USDT Flexible Assets to LDUSDT?
Only master accounts can swap USDT Flexible Assets to LDUSDT. Master accounts can then transfer LDUSDT between their Futures sub-accounts. For virtual sub-accounts, LDUSDT can be transferred through this API: POST /sapi/v1/sub-account/futures/internalTransfer. Managed Sub-Accounts cannot hold LDUSDT.
To swap LDUSDT back to USDT Flexible Assets, sub-accounts must transfer LDUSDT back to the Futures master account first. The master account can then swap LDUSDT back to USDT Flexible Assets. Users can then redeem USDT Flexible assets to their Spot Account from the Earn Account.
API is available only for Portfolio Margin accounts. Classic Trading Accounts won’t be able to use API to swap LDUSDT.
API to Swap/Swap back to LDUSDT: POST /sapi/v1/portfolio/earn-asset-transfer
API to check LDUSDT balance: GET /sapi/v1/portfolio/earn-asset-balance
Yes.
No.
Only USDT from Simple Earn Flexible Products can be converted to LDUSDT.
| VIP level | Maximum Limit per Master or Sub-Account (in LDUSDT) |
| 0 | 300,000 |
| 1 | 1,200,000 |
| 2 | 1,800,000 |
| 3 | 2,400,000 |
| 4 | 3,000,000 |
| 5 | 3,600,000 |
| 6 | 4,200,000 |
| 7 | 4,800,000 |
| 8 | 5,400,000 |
| 9 | 6,000,000 |
Auto-Exchange might happen when liquidation happens. For more information, please refer to these FAQs:
When the swap transaction from LDUSDT to USDT is successful, users will be able to see the USDT they received in their Earn Account immediately. If the user’s margin balance is below the initial margin, there will be no available LDUSDT to be transferred.
You will need to be eligible to use both Simple Earn Flexible Product and Futures to be able to use the swap function. In the unlikely event that the Simple Earn Flexible Product is not available or there is not enough USDT subscribed to Simple Earn Flexible Product, users may not be able to swap to LDUSDT.
Disclaimer: In compliance with MiCA requirements, unauthorized stablecoins are subject to certain restrictions for EEA users. Please disregard this activity if you are a user from the EEA. For more information, please click here.
Disclaimer: You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. The APR is calculated every minute, and is expressed as an annualised percentage return for illustrative purposes only. APR is an estimate of rewards you will earn in cryptocurrency over the selected timeframe. It does not display the actual or predicted returns/yield in any fiat currency. The APR is adjusted every minute and any estimated rewards may differ from the actual rewards generated. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. LDUSDT cannot be withdrawn or used for any purpose other than as margin in a Binance Futures Account or for conversion into Simple Earn USDT Flexible Products, subject to availability. This material should not be construed as financial advice. For more information, see our Terms of Use, the Simple Earn Terms, the Futures Services Agreement and our Risk Warning. To learn more about how to protect yourself, visit our Responsible Trading page.
