- Users of Binance Simple earn USDT Flexible product can transform their subscribed USDT -flexible assets into marginal assets for futures trading with Ldusdt.
- After BfusdLDUSDT is Binance’s other reward-bearing non-stablecoin margin access.
The upcoming launch of Ldusdt announced today by BinanceThe world’s leading blockchain ecosystem that runs the largest Cryptocurrency exchange in terms of both trading volume and users. Users of Binance Simple earn USDT Flexible product can transform their subscribed USDT-flexible assets into marginal assets for futures trading with LDUSDT, a reward conad, while they are still exploiting APR rewards for the current course.
After BfusdLDUSDT is Binance’s other reward-bearing non-stablecoin margin access. It will give users additional options and functionality as they can now hold LDUSDT to get the Binance Earn Rewards and use BFUSD to benefit from passive rewards generated by Binance, such as financing fee income and rewards.
To change their subscribed USDT -flexible assets to LDUSDT with the relevant conversion frequency, users who have subscribed to their USDT on Binance Earn’s Simple Earn flexible products can go to the LDUSDT page and use the Swap function. The user’s futures account balance will immediately receive his ldusdt.
Then users can choose to use LDUSDT as a margin asset for USD⑈-M Perpetual Futures by turning on several asset situations on the futures trade page. They will then begin to earn rewards on their LDUSDT margin assets to the same real-time APR interest rate, so increasing the value of their trade assets. In order to maintain flexibility and control over how they want to use their funds, users can replace their LDUSDT to USDT flexible assets at any time with their USDⓢ-M wallet. Their USDT will then be placed straight back in their earn wallet.
Jeff Li, VP for the product on Binance commented:
“After the launch of our first reward-bearing margin asset bfusd was positively receives by users, we are pleased to introduce yet anchor product to bring more utility to our users. a reward-earning and liquid trading margin asset, all while retaining flexibility to redeploy their capital at any time.
With more than 10 million active users, Binance earned an increase of 144% in total value raised (TVL) in 2024, while Binance Futures had an increase of 19.4% in the daily Futures daily volume and a 106.2% increase in average futures daily transactions.
When LDUSDT is made available in April 2025, Binance will announce.
