Binance Introduces LDUSDT for APR Rewards and Futures Trading
- Binance is launching LDUSDT, a margin asset offering real-time APR rewards and futures trading.
- Users can convert USDT from Simple Earn Flexible Products into LDUSDT for trading.
- LDUSDT provides real-time APR rewards, similar to USDT in Simple Earn Flexible Products.
- The launch follows the introduction of BFUSD, another reward-bearing margin asset.
- Binance’s futures division saw a 106% increase in average daily transactions in 2024.
Binance is set to introduce LDUSDT, enhancing capital efficiency by allowing users to earn real-time APR rewards while using it as a margin asset for futures trading. This new offering aims to boost user engagement without diverting funds from existing products.
Source (2.6)https://cryptobriefing.com/ldusdt-dual-benefit-margin-asset/?rand=59535
