Web Analytics
The Defiant
2025-04-09 16:30:40

Binance to Launch LDUSDT, Second Reward-Bearing Margin Asset with Up to 20x Leverage and Real-Time APR

Binance, a leading cryptocurrency exchange, is set to launch LDUSDT, a new reward-bearing margin asset for its futures trading platform. This asset, which is not classified as a stablecoin, will allow users to earn Simple Earn Real-Time APR rewards while using it as margin for futures trading with up to 20x leverage. LDUSDT will be the second 'reward-bearing margin asset' introduced by Binance, following the earlier release of BFUSD. Users can convert their USDT holdings from Binance's Simple Earn Flexible Products into LDUSDT, enabling them to participate in futures trading while simultaneously earning yields. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.