This is a general announcement and the products and services mentioned here may not be available in your area.
Dear User:
Binance Futures will increase the maximum position limit of BFUSD for VIP 0 - VIP 9 users at 15:00 (ET) on December 3, 2024. The details are as follows:
Note:
The maximum position limit for each master account or sub-account is independent of each other;
To view more real-time changes to the maximum position limit, please refer to Trading Rules;
API is not supported for purchasing or redeeming BFUSD;
Virtual sub-accounts cannot purchase BFUSD. However, users can purchase BFUSD from their main account and transfer it to the virtual sub-account through this API: POST /sapi/v1/sub-account/futures/internalTransfer
Guides and related articles:
Binance Launches BFUSD: An Exclusive Yielding Margin Asset for Futures Traders
What is BFUSD and how to use it as margin for futures trading?
Thank you for your support!
Binance Team
December 03, 2024
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Binance Community
Binance has always attached great importance to compliance obligations and has always strictly complied with the relevant requirements of local regulatory authorities. We ask you to comply with the relevant laws and regulations of your country or region.
Binance reserves the right to modify, change or cancel this announcement at any time and for any reason at its sole discretion without prior notice.
Disclaimer: You are solely responsible for your investment decisions and Binance is not responsible for any losses that may occur. Bonus rates (including base rate and promotion rate) are calculated daily and expressed as an annualized percentage yield (APY) for illustrative purposes only. Each bonus rate does not represent the performance of BFUSD for any period other than the specific date specified, nor does it represent future results. Bonus rates may fluctuate on a daily basis. Past performance is not a reliable predictor of future performance. You should only invest in products that you are familiar with and understand the risks involved. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance. Please consult an independent financial advisor before investing. BFUSD cannot be withdrawn or used for any purpose other than margin in a Binance Futures account. Redemption restrictions may apply, which may affect your ability to redeem BFUSD for supported USD stablecoins. This article should not be considered financial advice. For more information, please refer to our Terms of Use, BFUSD Terms, and Risk Warning. To find out more about how to protect yourself, visit our Responsible Trading page.