Binance launches new stablecoin BFUSD
Recently, I was browsing the cryptocurrency circle and found that Binance has launched BFUSD, which is said to be an upgraded stablecoin designed specifically for Binance users. Let's take a look at the highlights:
1. Stable as a mountain, the first choice for peace of mind. BFUSD is anchored to the US dollar at a 1:1 ratio, so it is not afraid of the turbulence in the cryptocurrency circle. It can be called a safe haven and a boon for small investors.
2. Convenient transactions and ultra-low costs. It can be used in Binance trading pairs, with fast transfers and low fees. It is very suitable for novices who trade frequently.
3. Compliance and transparency, worry-free assets. It is fully compliant, with open and transparent capital reserves, endorsed by Binance, and a sense of security.
4. Strong liquidity and free entry and exit. It is easy to withdraw to a card or transfer on the chain, and it is more convenient to enter and exit the cryptocurrency circle.
Investment tips: Although stablecoins are tempting, don't forget to invest rationally. Don't spend all your living expenses, and don't be too emo when watching the market late at night. You can win by keeping a steady mind.
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