Binance Launches BTC Yield Product Targeting Bitcoin Holders Seeking Returns

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Binance has introduced a new product called BTC Yield, aimed specifically at existing bitcoin holders. The offering is structured as a covered call strategy, allowing users to generate yield on their bitcoin holdings. The product targets the growing demand among crypto investors who want returns without selling their assets. It is exclusively available to those who already own bitcoin, rather than new buyers entering the market.

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