• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Binance Launches $BFUSD with Unique Perks for Traders

user avatar

by Giorgi Kostiuk

a year ago

$BFUSD is a new tool from Binance designed to attract active traders by offering unique rewards and features.

What is $BFUSD?

$BFUSD differs from traditional stablecoins, which generally maintain a fixed value. Instead, $BFUSD offers a 19.5% annual yield for futures trading. Rewards depend on the user's VIP level on the Binance platform. To earn rewards, traders must trade daily. $BFUSD can also be used as collateral for margin trading.

It is not a stablecoin but a reward-bearing margin asset for futures trading.Binance Customer Support

$BFUSD is Not a Stablecoin

Binance has made it clear that $BFUSD is not a stablecoin. Instead, $BFUSD acts as an incentive program for high-volume traders on the platform, offering additional reasons to keep trading.

The Binance $BFUSD announcement is more of an incentive program for the platform's whales than a new stablecoin.Defi_Maestro

Why It Matters

$BFUSD helps Binance keep its most active users engaged by providing additional benefits for their activity. It's mutually beneficial: traders receive rewards, while the platform increases trading activity. Currently, $BFUSD is not yet available as the program is being fine-tuned.

$BFUSD offers unique opportunities for active Binance users, helping the platform maintain its appeal and increase trading activity.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

ADNOC Distribution to Accept AE Coin for Payments

chest

ADNOC Distribution will start accepting AE Coin, the first regulated AED stablecoin in the UAE, for payments at its service stations and convenience stores.

user avatarAisha Farooq

Chainlink's Path to $23 Reopens with Stabilization

chest

Chainlink may have the potential to reach $23 if it maintains stability and market momentum continues to improve.

user avatarTenzin Dorje

Key Selection Criteria for DEXs in 2026

chest

Key selection criteria for DEXs in 2026 include security, liquidity, and user experience, essential for informed trading decisions.

user avatarElias Mukuru

The Development of Decentralized Exchanges (DEXs).

chest

Decentralized exchanges have significantly improved, offering features that rival centralized platforms.

user avatarBayarjavkhlan Ganbaatar

Byreal Hits $1 Billion Trading Volume Milestone

chest

Byreal, a decentralized exchange incubated by Bybit, has achieved a remarkable milestone by crossing $1 billion in cumulative trading volume just 10 weeks after its mainnet launch.

user avatarKenji Takahashi

MOVA Chain Partners with Kim Jaeduk to Enhance Blockchain Integration in Korea

chest

MOVA Chain partners with Kim Jaeduk to enhance its visibility and integration within Korea's digital economy.

user avatarGustavo Mendoza

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.