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Binance Launches $BFUSD: A Reward-Driven Trading Tool

  • $BFUSD is a reward-bearing margin asset designed to give traders extra perks while using Binance's platform.
  • Unlike traditional stablecoins, $BFUSD offers yield rewards for futures trading, with an annual percentage yield (APY) of 19.5%.
  • Higher VIP levels on Binance result in bigger quotas for $BFUSD rewards, and users must trade daily to continue earning rewards.
  • $BFUSD can also be used as collateral for leveraged trades, providing traders with more flexibility.

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