Binance Launches BTC Yield, a BTC-Denominated Yield Strategy Product for BTC Holders

Odaily Planet Daily News, July 7th – Binance announced the launch of a new advanced financial product, BTC Yield. BTC Yield is an open-ended yield strategy product denominated in BTC, designed for long-term holders looking to explore potential Bitcoin earnings opportunities without the need for frequent trading.

BTC Yield is currently one of the first Bitcoin covered call option yield products launched by a leading mainstream cryptocurrency trading platform for both retail and institutional users, reflecting Binance's ongoing expansion from a trading platform into a broader financial super app.

Shunyet Jan, Head of Exchange and Trading Business at Binance, stated: “BTC Yield further enriches the product options Binance offers our users, allowing them to unlock the value of their digital assets in more ways. The covered call strategy is well-established in traditional financial markets, but direct participation often comes with high barriers for ordinary investors. BTC Yield simplifies this strategy, making it more accessible for Bitcoin holders who want to seek potential returns without needing to actively trade the market.”

To celebrate the launch of BTC Yield, Binance Earn is running a limited-time promotion. Eligible users who subscribe to BTC Yield will have a chance to share a prize pool of 100,000 USDC.