Binance Launches BTC Yield, a Bitcoin-Denominated Strategy for Long-Term Holders

BTC0.76%
According to ChainCatcher, Binance launched BTC Yield on July 7, a new open-ended yield strategy product denominated in BTC. The product is designed for long-term Bitcoin holders seeking potential returns without frequent trading. BTC Yield is among the first Bitcoin covered call option products offered by a major cryptocurrency exchange to retail and institutional users, according to the announcement.
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