#BinanceFutures is pleased to announce that it extends the "Buy BFUSD without commissions" promotion for 3 more months. During the promotional period, eligible users from VIP levels 0 to 9 who purchase BFUSD will not pay commissions, subject to the maximum holding limits of each VIP level.
Eligible users who buy and hold BFUSD in their Futures accounts can receive daily rewards with a base APY. BFUSD holders who trade USDⓈ-M Futures every day will receive an enhanced APY, higher than the base APY.
Note: Commissions are charged when redeeming BFUSD for USD stablecoins.
How to buy BFUSD:
Binance website
Step 1: Log into your Binance account and go to [Futures] - [BFUSD].
Step 2: Click on [Buy] and specify the amount you want to purchase.
Step 3: Enable Multiple Assets mode and accept the terms and conditions. Then, click on [Confirm] to complete the purchase.
Binance App
Step 1: Go to [Futures], tap […] and select [BFUSD].
Step 2: Enable Multiple Assets mode, tap [Buy] and specify the amount you want to purchase.
How BFUSD works
BFUSD is a margin asset that generates rewards created exclusively for Binance Futures users. Purchased with USDT, BFUSD allows you to earn passive income by using it as margin in USDⓈ-M Futures trading, only in Multiple Assets mode. Just by holding it in your USDⓈ-M Futures wallet, you can qualify for daily rewards in USDT, while trading with BFUSD in USDⓈ-M Futures allows you to qualify for boosted daily rewards in USDT.
BFUSD can be redeemed for USD stablecoins. Binance employs a delta-neutral strategy to maintain the investment and hedging strategy that supports BFUSD, making it a stable component of your margin. This provides flexibility and peace of mind.
BFUSD generates rewards funded by Binance's investment and hedging strategies, which mainly involve delta hedging and staking of Ethereum (ETH).