Buy BFUSD
Redeem BFUSD
Buy BFUSD
Disclaimer: In compliance with MiCA requirements, unauthorized stablecoins are subject to certain restrictions for EEA users. For more information, please click here.
How to buy BFUSD?
Users can buy BFUSD with supported USD stablecoin (with a small slippage, represented by the fee shown on the platform). Once BFUSD has been purchased, it will be credited to your USDⓈ-M futures wallet.
Website
Step 1: Login to your Binance Account and go to [Futures] - [BFUSD Reward].
Step 2: Click on the [Buy] and indicate the amount of BFUSD you want to purchase.
Step 3: Accept the terms and conditions, then click [Confirm] to complete the purchase.
APP
Step 1: Go to [Futures], tap [...], and select [BFUSD].
Step 2: Tap the [Buy] and indicate the amount of BFUSD you want to purchase.
Step 3: Accept the terms and conditions, then tap [Confirm] to complete the purchase.
Please note:
- BFUSD will be kept in the USDⓈ-M futures wallet. It cannot be withdrawn to other wallets or out of Binance, nor converted to other assets.
- Please enable multi-asset mode to make use of the BFUSD asset as Margin.
- The subscription limit for each user will vary depending on their individual VIP level. For more information, kindly refer to this FAQ: ‘What is BFUSD and How to Use it as Margin in Futures Trading’.
Purchases of BFUSD are subject to a Purchase Fee. The Purchase Fee is variable, and Binance has full discretion to adjust the Purchase Fee from time-to-time. The applicable Purchase Fee (if any) will be incorporated in the conversion quote displayed on the Platform prior to your confirmation of a purchase transaction. Please check the conversion quote before confirming your transaction.
The Purchase Fee is separate from the Redemption Fee (described in ‘How to redeem BFUSD for USD stablecoin?’).
How to redeem BFUSD for USD stablecoin?
Website
Step 1: Login to your Binance Account and go to [Futures] - [BFUSD Reward].
Step 2: Click on [Redeem] and indicate the amount you want to redeem.
Step 3: Accept the terms and conditions, then click [Confirm] to complete the redemption.
APP
Step 1: Go to [Futures], tap [...], and select [BFUSD].
Step 2: Tap [Redeem] and indicate the amount you want to redeem.
Step 3: Accept the terms and conditions, then tap [Confirm] to complete the redemption.
Once redeemed, your BFUSD will be deducted from your USDⓈ-M futures wallet, and Binance will credit USD Stablecoin (net of fees) back to your USDⓈ-M futures wallet.
Redemptions of BFUSD are subject to a Redemption Fee. The Redemption Fee is variable, and Binance has full discretion to adjust the Redemption Fee from time-to-time. The applicable Redemption Fee (if any) will be incorporated in the conversion quote displayed on the Platform prior to your confirmation of a redemption transaction. Please check the conversion quote before confirming your transaction.
The Redemption Fee is separate from the Purchase Fee (described in ‘How to buy BFUSD?’).