Binance Launches LDUSDT: A New Asset for Both Passive Income and Futures Trading

Binance, the leading cryptocurrency exchange, has unveiled a groundbreaking new offering called LDUSDT. This dual-purpose asset combines the potential of passive income with the flexibility of futures trading. LDUSDT allows users to convert their USDT holdings from Binance’s Simple Earn Flexible Products into an asset that delivers real-time APR rewards while serving as a margin asset for futures trading. Users can continue earning rewards similar to their previous Simple Earn setup and leverage LDUSDT as collateral in futures trading, all without losing the flexibility to redeploy their capital at any time.