This is a general and marketing announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance Futures is excited to announce the extension of our Zero Purchase Fees Promotion for BFUSD for another 3 months! During the Promotion Period, eligible VIP 0 to VIP 9 users who purchase BFUSD will enjoy zero fees on all BFUSD purchases, subject to the maximum holding limits according to one’s VIP level.
Eligible users who buy and hold BFUSD in their Futures account can receive daily rewards with Base APY! BFUSD holders that trade USDⓈ-M Futures daily will receive a Boosted APY instead, which is higher than the Base APY.
Note: Fees still apply when redeeming BFUSD for USD stablecoin. For more information, refer to this FAQ.
Promotion Period: 2024-12-27 00:00 (UTC) to 2025-03-31 23:59 (UTC)
How to Buy BFUSD:
Binance Website
Step 1: Login to your Binance Account and go to [Futures] - [BFUSD].
Step 2: Click on [Buy] and indicate the amount which you want to purchase.
Step 3: Turn on multi-asset mode & accept the terms and conditions, then click [Confirm] to complete the purchase.
Binance App
Step 1: Go to [Futures], tap [...], and select [BFUSD].
Step 2: Turn on multi-asset mode & tap [Buy] and indicate the amount which you want to purchase.
How does BFUSD Work
BFUSD is a reward-bearing margin asset created exclusively for Binance Futures users. Purchased with USDT, BFUSD allows you to earn passive income while using it as margin in USDⓈ-M Futures trading under multi-asset mode only. By simply holding it in your USDⓈ-M Futures wallet you can qualify for daily USDT rewards, while trading with BFUSD on USDⓈ-M Futures qualifies you for boosted daily USDT rewards.
BFUSD is redeemable for USD stablecoin. Binance uses a delta-neutral strategy to maintain the investment and hedging strategy supporting BFUSD, making it a stable component of your margin. This provides flexibility and reassurance.
BFUSD generates rewards funded by Binance’s investment and hedging strategies, primarily involving delta hedging and staking Ethereum (ETH). These investments and hedging strategies produce passive income, which funds rewards to BFUSD holders.
Guides & Related Materials
Introducing BFUSD: Binance’s Exclusive Reward-Bearing Margin Asset for Futures Traders
What Is BFUSD and How to Use It as Margin in Futures Trading
Terms and Conditions
Only verified users from eligible regions may qualify for rewards from these promotions.
By participating in these promotions you hereby acknowledge, confirm your understanding, and agree to the BFUSD Terms.
These promotions are only available to users who are enabled for Binance Futures services, and may not be available or may be restricted in certain jurisdictions or regions, or to certain users, depending on legal and regulatory requirements.
Users are responsible for informing themselves about and observing any restrictions and/or requirements imposed with respect to the access to and use of Binance Futures services in each country from which the services are accessed.
Binance reserves the right to disqualify any participants showing any signs of fraudulent behavior immediately (e.g., wash trading, bulk account registrations, self dealing, market manipulation, and more).
Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.
Binance reserves the right to determine and/or amend or vary these Terms & Conditions, its eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done if it is justified due to important reasons, including but not limited to:
Changes in applicable regulations or policies;
Obligations arising out of law or decisions issued by common courts or public administration;
Anti-money laundering or combating financing terrorism rules;
Technical issues beyond our control;
Necessity to protect users from potential losses;
Necessity to protect Binance from the loss of reputation.
Additional promotion terms and conditions can be accessed here.
There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2024-12-24
