BingX has introduced BXUSD, a yield-bearing savings product backed by investments in U.S. Treasury funds through a partnership with Franklin Templeton’s U.S. Money Market Fund. The cryptocurrency exchange is offering limited-time launch incentives, including deposit bonuses, APR booster vouchers, and up to $50 in futures trial funds to eligible users.
- Minimum subscription: 0.1 USDT
- Registration bonus: 10% Wealth APR Booster voucher
- Fast redemption fee: 0.1% with ~1 minute processing
- Standard redemption fee: 0.05% with T+3 (72-hour) processing
- Deposit thresholds for additional boosters: 3% at 100 USDT, 5% at 1,000 USDT, 10% at 10,000 USDT
BXUSD functions as a yield certificate exclusive to BingX’s platform rather than an on-chain asset or stablecoin. The product features daily variable APY distributions and allows users to transfer holdings into futures margin accounts while continuing to earn yield. Each BXUSD unit maintains a 1:1 ratio with USDT and counts as equivalent margin in Multi-Assets Mode.
The launch campaign requires users to complete multiple tasks to unlock rewards. Registration alone grants a 10% APR booster voucher, while cumulative deposits unlock additional boosters up to 10%. A sharing task provides another booster, and futures trading generates trial fund rewards, with users qualifying for $10 upon reaching 5,000 USDT in cumulative trading volume and up to $50 available through tiered milestones.
BingX positions BXUSD as part of its multi-asset trading strategy, enabling users to earn yield on holdings while maintaining access to spot and derivatives markets within a single platform. The product represents the exchange’s expansion into yield-generating instruments tied to traditional financial assets.
