- Get ready for a 50% increase in BFUSD holding limits and USDC support!
- New Pre-Buy and transparency features make BFUSD more flexible than ever!
🚨 Breaking News: Binance Futures is shaking things up with some major updates to their reward-bearing margin asset, BFUSD! 🤑 Not only are they increasing the holding limits by a whopping 50%, but they’re also adding USDC support! 🎉
But wait, there’s more! They’re also introducing a Pre-Buy and Pre-Redeem system to give users even more flexibility in managing their portfolios. 🤯 And if that wasn’t enough, they’re also adding transparency tools to increase efficiency. 🔍
Since the start of November 2024, the circulation amount of BFUSD has already exceeded 760 million, with a reserve fund of 7.2 million USDT. Now, users can buy and redeem BFUSD using USDC, making it even more accessible and user-friendly. 🌟
But that’s not all! Binance is also launching BFUSD with some friendly user features, including two new functions to help users ensure their BFUSD allocations at high demand or limited supply times. 📈
To top it all off, Binance has implemented three new data metrics to promote transparency, giving users even more clarity on the funding and backing of BFUSD. 🔍
Jeff Li, VP of Product at Binance, said, “Crypto is evolving quickly, and innovative solutions play a crucial role in meeting user needs. BFUSD is an efficiency tool that is easy to use and will be exciting to make even friendlier while continuing to prioritize community feedback.” 💬
BFUSD is currently receiving some Binance Zero Purchase Fees as a Promotion until 31 March 2025. Plus, new users can also have a chance of receiving up to 100% Bonus APY rewards until January 29, 2025. 🎁
These changes prove that Binance is above the rest as it offers solutions that are novel and user-centric, hence, BFUSD can boost adoption and confidence. 🚀
So what are you waiting for? Dive deep into the advanced features of BFUSD and take advantage of these game-changing updates! 🌊
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2025-01-25 22:04