In a significant move for traders, Binance has unveiled a new yield-bearing asset, LDUSDT, designed to enhance margin trading capabilities. This innovative product allows users to transform their USDT savings, accrued through Binance’s Earn program, into LDUSDT. By leveraging this asset, traders can utilize it as collateral for USDT-margined futures contracts, effectively optimizing their trading strategies. Moreover, users will continue to receive real-time Annualized Percentage Rate (APR) rewards, making this a lucrative option for those looking to maximize returns. The introduction of LDUSDT signifies Binance’s commitment to expanding its suite of financial products, catering to the evolving needs of its user base and reinforcing its position as a leader in the cryptocurrency market.
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