Reasons to Trade BUSD-Margined Futures (Introducing)

What is stablecoin?

Stablecoins are cryptocurrencies with their values pegged to another asset designed to be stable with the price fiat currency or metals, this is so that BUSD holders can avoid the volatility risks that are common in the crypto market.

What is BUSD?

BUSD is a stablecoin founded by Paxos and Binance, and is one of the few stablecoins that are compliant with the strict regulatory standards of NYDFS.

BUSD is an important and popular asset among traders and investors, Founded by Paxos and Binance BUSD has reached the $10B market Cap milestone and is in the top 10 Ranking.

Benefits and advantages of holding BUSD

Advantages of holding BUSD as the main assets of stablecoin

  1. Pegged 1:1 to the US Dollar
  2. 100% Backed by Cash & Cash Equivalents
  3. Purchase and redeem with zero fees
  4. Can be used as collateral asset

Why You Should Choose BUSD as Your Collateral?

why should use Busd as collateral? Why not use USDT or other assets? Maybe that’s a question that will pop up in your mind right?

Okay, I’ll explain a little bit why BUSD should be.

Well, as explained above, the important points if you hold BUSD, besides that there are a few more that I think are no less important, BUSD is routinely audited every month.

Why You Should Trade BUSD-Margined Futures

Okay, let’s get into the important topic of this article. Like the title of this article, I will explain why you should toTrade BUSD-Margined Futures on Binance.

First, you will get fee discounts and maker rebates. If you use BUSD – margined contract you will get lower fees and maker rebates. Fee discount  used in all BUSD trading pairs such as BTC/BUSD , BNB/BUSD. With percentage of Maker : -0.0100% and taker 0.0170%.

Second, versatility.

Third, ease of calculating returns.

Before starting to trade you should also know what a BUSD-margined futures contract is. BUSD margined- futures contract is a type of linear futures product that is quoted, collateralized and settled in BUSD.

Register for a Binance account here: https://accounts.binance.me/en/register?ref=TAXF5KHD

and lastly, how to trade BUSD-margined futures contract the exact same way you trade on a USDT-margined futures contract.

Trade BUSD-margined futures : https://www.binance.com/en/futures

BUSD-margined futures overview : https://www.binance.com/en/event/BUSD_Margined_Futures

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