This is a general announcement; the products and services mentioned may not be applicable in your region.

Dear users:

Binance extends the BFUSD zero-fee purchase event for another three months! During the event, eligible VIP 0 to VIP 9 users purchasing BFUSD will enjoy zero fees for buying BFUSD, with specific position limits depending on the user's VIP level.

Eligible users who purchase and hold BFUSD in their contract accounts can earn a base annual yield reward daily! BFUSD holders trading U-based contracts daily will receive an enhanced annual yield reward above the base annual yield.

Please note: A fee is still required when redeeming BFUSD for USD stablecoin. For more information, please refer to this FAQ.

Event Time: From December 27, 2024, 08:00 to April 1, 2025, 07:59 (UTC+8)

How to buy BFUSD:

Web version:

  • Step 1: Log in to your Binance account, go to [Contract] - [BFUSD Rewards].

  • Step 2: Click [Buy] and enter the amount you wish to purchase.

  • Step 3: Enable the cross-margin mode, accept the terms and conditions, then click [Confirm] to complete the purchase.

Binance App:

  • Step 1: Go to [Contracts], click [...], and select [BFUSD].

  • Step 2: Enable the cross-margin mode, click [Buy] and enter the amount you wish to purchase.

How BFUSD works:

BFUSD is a yield-generating margin asset created specifically for Binance contract users, which can be purchased using USDT. In cross-margin mode, BFUSD can be used as margin for U-based contract trading and can also earn passive income. Simply holding BFUSD in your U-based contract wallet qualifies you for daily USDT rewards. Using BFUSD as margin in U-based contract trading also earns enhanced daily USDT rewards.

BFUSD can be redeemed for USD stablecoin. Binance uses a Delta-neutral hedging strategy to support BFUSD, making it a stable component of your margin while providing flexibility and security.

The rewards generated by BFUSD come from Binance's investment and hedging strategies, primarily including Delta hedging and staking Ethereum (ETH). These investment and hedging strategies create passive income, providing rewards for BFUSD holders.

Terms and Conditions:

  • Only users from eligible regions who have completed identity verification are entitled to the rewards for these activities;

  • Users participating in this event by default understand and agree to the terms regarding BFUSD;

  • The event is limited to regions and users where contract trading services are enabled, and may not be available or restricted in certain jurisdictions or areas, or restricted for certain users, depending on legal and regulatory requirements;

  • It is the user's responsibility to understand and comply with any restrictions and/or requirements regarding access to and use of Binance contract trading services in each country where Binance provides services;

  • Binance reserves the right to disqualify any participants who tamper with Binance program code or use other software to interfere with the operation of Binance program code;

  • During the event, Binance reserves the right to disqualify any participant if there are reasonable doubts or sufficient reasons to believe they have violated the terms of use;

  • Binance reserves the right to reasonably decide and/or modify or change these terms and conditions, eligibility, selection and number of winners, and the timing of any actions for important reasons, including:

    • Changes in applicable laws or policies;

    • Obligations arising from decisions issued by legal or ordinary courts or public administrative agencies;

    • Anti-money laundering or counter-terrorism financing rules;

    • Technical issues beyond Binance's control;

    • Necessary to protect users from potential losses;

    • Necessary to protect Binance from reputational damage.

  • Binance Reward Activity Terms and Conditions apply to this event;

  • There may be differences between the original English announcement and the translated version. In case of any discrepancies, please refer to the original English version for the latest or most accurate information.

Thank you for your support of Binance!

Binance Team

December 24, 2024