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.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.