Binance Launches BTC Yield Product Offering Returns on Bitcoin Holdings
Binance has launched the 'BTC Yield' product, allowing Bitcoin owners to earn yield without selling their holdings by using a covered-call strategy. The platform systematically sells call options and distributes premiums in two ways: direct Bitcoin distributions weekly and retained value increasing each BTCY unit's worth.
Tickers: $BLK
Topics: Binance Bitcoin covered-call strategy yield generation