CryptoCoinDeskabout 3 hours ago
Binance launches BTC Yield covered call product
1 min read
Binance introduced BTC Yield, a covered call strategy product for Bitcoin holders inside Binance Earn. Users deposit BTC and receive BTCY positions. Binance sells call options, collects premiums, and distributes weekly payouts. Returns are not guaranteed, and upside is limited during rallies. Binance takes a 15% fee.
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