PANews reported on August 11th that Binance announced an upgrade to BFUSD , allowing users to purchase and redeem BFUSD through Binance Wealth Management without a futures account. Starting August 14th , the BFUSD purchase portal will be adjusted to a guaranteed return option. Successful purchases will be displayed in the spot account, with rewards automatically distributed daily. Purchases and redemptions may be impacted during the upgrade period ( 1:00 PM to 10:00 PM on August 13th ). BFUSD will no longer be available for purchase and redemption through futures accounts, but spot account holders can transfer funds freely. BFUSD is a reward asset redeemable for USD stablecoins, with rewards distributed daily. Annualized yields are generated by funding fees and staking income.