This is a general announcement and marketing message. The products and services mentioned herein may not be available in your region.
Dear Binance community members!
Binance Futures announces the extension of the zero commission purchase promotion for another 3 months! During the promotion period, eligible VIP level 0-9 users who purchase BFUSD will pay no commission on all BFUSD purchases within the maximum holding limits of their VIP level.
Eligible users who purchase and hold BFUSD in their futures account can earn daily rewards with a base annual percentage yield (APY)! BFUSD holders who daily trade USDⓈ-M futures will instead receive an enhanced APY above the base APY.
Note: There is a fee for redeeming BFUSD into a USD-pegged stablecoin. For more information, see this guide.
Promotion period: from 12/27/2024, 02:00 (Kyiv time) to 04/01/2025, 02:59 (Kyiv time).
How to buy BFUSD:
Binance website
Step 1. Log in to your Binance account and go to [Futures] > [BFUSD].
Step 2. Click [Buy] and enter the amount you want to buy.
Step 3. Enable multi-asset mode and accept the terms and conditions, then click [Confirm] to complete the purchase.
Binance app
Step 1. Go to the [Futures] section, tap [...] and select [BFUSD].
Step 2. Enable multi-asset mode, tap [Buy] and enter the amount you want to buy.
How BFUSD works
BFUSD is a rewarding margin asset created exclusively for Binance Futures users. In multi-asset mode, BFUSD allows you to earn passive income by using it as margin when trading USDⓈ-M futures after purchasing it with USDT. Simply by holding BFUSD in your USDⓈ-M futures wallet, you can claim daily USDT rewards, and trading BFUSD on USDⓈ-M futures will entitle you to increased daily USDT rewards.
BFUSD can be exchanged for a stablecoin pegged to USD. Binance uses a delta-neutral investment and hedging strategy that supports BFUSD and makes it a stable component of your margin. This provides flexibility and confidence.
BFUSD generates rewards funded by Binance’s investment and hedging strategies, primarily through delta hedging and Ethereum (ETH) staking. These investments and hedging strategies generate passive income that funds rewards for BFUSD holders.
Guides and related materials:
Introducing BFUSD – Binance’s Exclusive Margin Asset with Rewards for Futures Traders
What is BFUSD and how to use it as margin for futures trading
Terms and conditions
Only verified usersfrom the relevant regions can claim rewards in these promotions.
By participating in these promotions, you acknowledge that you understand and accept the BFUSD Terms and Conditions.
These promotions are only available to users who have been granted access to Binance Futures services and may not be available or restricted in certain jurisdictions or regions or to certain users depending on legal and regulatory requirements.
Users are responsible for obtaining information and complying with all restrictions and/or requirements imposed on access to and use of Binance Futures services in each country from which these services are accessed.
Binance reserves the right to immediately disqualify any participants who show any signs of fraudulent behavior (e.g., lice trading, mass account registration, self-dealing, market manipulation, etc.).
Binance reserves the right to disqualify participants who tamper with Binance’s code or interfere with the operation of Binance’s code with other software.
Binance reserves the right to determine and/or change or edit these Terms and Conditions, the requirements and criteria for eligibility for rewards, the selection and number of winners, and the timing of any actions, if justified by good cause, including:
In the event of a change in applicable regulatory or policy regulations;
Upon the emergence of obligations arising from the law or decisions taken by general courts or public administration;
To comply with anti-money laundering or counter-terrorist financing regulations;
Due to technical issues beyond our control;
Due to the need to protect users from potential losses;
Due to the need to protect Binance from reputational damage.
Additional terms and conditions of the promotion can be viewed here.
There may be discrepancies between this original English content and translated versions. Please refer to the original English version for the most accurate information in the event of discrepancies.
Thank you for your support!
Team Binance
24.12.2024