The truth about BFUSD from 196% to 5.67% APR - Muhammad
Al-Udaidi
The image I received from Binance today says it’s only 5.67%, after it was 196%!
Why the big drop?
Binance wrote in the same notification: the percentage is estimated and changes based on the market, and redemption isn’t instant.
So if you entered when it was 196%, your money would be locked and you won’t be able to withdraw it quickly.
My advice to beginners with a small capital (like me: $7):
BFUSD isn’t for us—stick to spot and Limit.
Have you tried BFUSD?
#Write_and_Earn #BFUSD #محمد_العودري
Al-Udaidi
The image I received from Binance today says it’s only 5.67%, after it was 196%!
Why the big drop?
Binance wrote in the same notification: the percentage is estimated and changes based on the market, and redemption isn’t instant.
So if you entered when it was 196%, your money would be locked and you won’t be able to withdraw it quickly.
My advice to beginners with a small capital (like me: $7):
BFUSD isn’t for us—stick to spot and Limit.
Have you tried BFUSD?
#Write_and_Earn #BFUSD #محمد_العودري
