The post Binance Introduces LDUSDT to Combine Earning and Futures Trading appeared on BitcoinEthereumNews.com.

Key Notes The digital currency trading platform Binance plans to introduce LDUSDT to users. Users will be able to access the product through the Simple Earn product at an unchanging rate. LDUSDT is a different product from BFUSD. Binance, the world’s largest digital asset exchange by trading volume, is set to launch a new product called LDUSDT. This upcoming product will allow users to trade crypto futures while earning additional benefits from their locked USDT funds. Binance LDUSDT Bridges Trading and Passive Income Binance’s latest product, LDUSDT, is designed as a reward-bearing non-stablecoin margin asset. This asset is the second of its kind on the platform, following the earlier introduction of BFUSD in November. It is worth mentioning that the new updates were developed to improve capital efficiency and user experience. The update will remove the need for users to choose between earning interest and maintaining trading volume. To get access to LDUSDT, users will have to first subscribe to Binance’s Simple Earn Tether (USDT) Flexible Product. Normally, when users lock their USDT in this product, the funds are held and cannot be used until redemption. With LDUSDT, users will be able to convert their locked USDT into a margin asset for futures trading, while still earning rewards. LDUSDT will give users access to real-time rewards and the ability to trade futures. The current real-time APR for this reward is around 1.5% and updates every minute. This means users will be able to earn interest on their holdings without missing out on market opportunities. According to Binance, the coin is expected to go live later this month. The launch of this product came days after Binance announced a partnership with WorldPay. The collaboration intends to simplify crypto purchases using Apple Pay and Google Pay, broadening access to over 1,000 payment…

---

Filed under: News - @ April 9, 2025 4:09 pm