Binance Earn Launches BTC Yield: Earn Potential Weekly Yield on Your Bitcoin and Subscribe for a Discount Buy Airdrop

This is a general announcement. Products and services referred to here may not be available in your region. Terms and conditions apply. 

Binance Earn is excited to launch BTC Yield , a BTC-denominated yield strategy designed for long-term BTC holders. BTC Yield gives a simple way to seek weekly BTC income without actively trading options.

BTC Yield is powered by options strategies – specifically, a covered call approach which aims to generate option premium by selling BTC call options. Simply subscribe with BTC in exchange for BTCY, maintain BTC-denominated exposure through BTCY, and become eligible for potential weekly BTC distributions. With competitive APY, large quotas, and direct access through Binance Earn, BTC Yield offers an intuitive way to capture returns from an institutional-grade strategy.

Weekly Distributions : The product seeks to automatically distribute BTC to your Spot Account every week.

BTC-related exposure : Your BTCY holdings are BTC-denominated, maintaining BTC-denominated exposure.

Professionally Managed Strategy : Executed by Binance team using a covered call strategy that continuously harvests option premiums as yield.

Flexible Redemption : Supports both Fast Redemption and Scheduled Redemption (bi-weekly settlement) to meet different liquidity needs.

Open-Ended Structure: No fixed maturity date. 

Users subscribe with BTC in exchange for BTCY; principal and yield are settled in BTC upon redemption. The strategy systematically sells BTC call options and distributes the collected premiums as yield to holders.

Realized option premiums each week may be distributed to BTC Yield holders in two ways:

BTC Distribution : A portion of yield is automatically distributed weekly to the holder's Spot Account in BTC, proportional to their BTCY holdings. 

Strategy Value Appreciation : A portion of yield remains in BTC-denominated Yield and is reflected in the daily-updated value, so the BTC amount represented by each BTCY value increases over time.

Risk Warning: BTC Yield is not principal-protected. The value of BTCY may fluctuate with market and strategy performance, and loss of your BTC principal is possible. BTC distributions are not guaranteed. 

App Step 1: Tap [More] on the App homepage. Step 2: Go to [Earn] > [BTC Yield]. Step 3: Tap [Subscribe] and enter the amount of BTC to commit. Step 4: Read and agree to the terms and tap [Confirm].

Website Step 1: Navigate to the [ Earn ] section, select [Advanced Earn] and click [BTC Yield]. Step 2: Click [Subscribe] and enter the amount of BTC to commit. Step 3: Read and agree to the terms and click [Confirm].

Important Risk Warning:

BTC Yield is a high-risk product and is not principal protected . Users are exchanging their BTC for BTCY. The value of BTCY may rise or fall as denominated in BTC, and users may receive back less BTC than they originally allocated , including in some cases a significant loss of value or loss of the full amount allocated. Any weekly BTC distribution is not guaranteed and may be zero .

BTC Yield uses a covered call strategy, which may limit participation in upward BTC price movements . As a result, BTC Yield may underperform a direct holding of BTC, particularly in strongly rising markets. The product may also be affected by market volatility, options pricing, execution factors, fees, costs and Binance’s valuation methodology.

Redemptions of BTC Yield are subject to processing rules, valuation timing, liquidity, operational availability and possible delays. The BTC amount returned on exit is determined by the applicable valuation at the relevant processing time, not the value displayed when the request is submitted. Fast Exit or Scheduled Exit may be unavailable, delayed or subject to limits and fees.

BTC Yield is an on-platform book-entry product . It is not an on-chain token , cannot be withdrawn off-platform and cannot be transferred to another user. Participation in BTC Yield also exposes users to Binance credit risk . In the event of Binance’s insolvency, operational failure, or if BTC Yield is suspended or discontinued, users may be unable to exit promptly or recover some or all of their allocated BTC.

Users should read the BTCY Product Terms , FAQ , and General Risk Warning .

BTC Yield Launch Promotion: Subscribe to BTC Yield with BTC and Share a 100,000 USDC Valued Prize Pool

To celebrate the launch of BTC Yield , Binance Earn is running a limited-time exclusive campaign. Eligible users who hold BTCY during the Promotion Period will share a 100,000 USDC valued prize pool, to be allocated to a Discount Buy position. To clarify, rewards are in the form of, and will be automatically distributed, as a Discount Buy position to eligible users’  Earn Accounts.

Promotion Period: 2026-07-07 08:00 (UTC) to 2026-07-21 23:59 (UTC)

During the Promotion Period, the system will automatically snapshot eligible users’ BTCY holding balance daily at 16:00 (UTC) . After the Promotion Period ends, users will receive airdrop rewards in Discount Buy positions based on their daily average BTCY holding and the rewards structure and caps below.

Eligible Users’ BTCY Daily Average Holding of During the Promotion Period

Shared Prize Pool Amount (Equally Shared, Subject to a Per-User Cap)

0.5 BTCY ≤ Daily average holding < 1 BTCY

1 BTCY ≤ Daily average holding < 10 BTCY

10 BTCY ≤ Daily average holding < 30 BTCY

Daily average holding ≥ 30 BTCY

The prize pool for each tier will be equally shared, subject to the per-user cap, among all eligible users of that tier after the campaign ends.

Every eligible user within the same tier will receive the same reward amount ;

Per-User Reward = Tier Prize Pool / Total Number of Eligible Users in that Tier, rounded down to the nearest whole unit;

Per-User Cap: The reward for each eligible user in each tier is capped at the maximum reward amount specified in the table above.

If the calculated per-user share exceeds the cap, each user will receive only the cap amount, and any remaining pool will not be further distributed.

The more eligible users, the smaller each user's share; the fewer eligible users, the larger each user's share (up to the per-user cap).

The final list of eligible users and per-user reward amount will be subject to platform verification, including a risk review of all qualifying accounts.

Example 1 (below cap): If a tier's shared prize pool amount is 40,000 USDC, the per-user cap is 300 USDC, and 200 users are qualified, each user will receive 40,000 / 200 = 200 USDC (below the per-user cap, each user will receive the full amount).

Example 2 (cap triggered): If a tier's prize pool is 25,000 USDC, the per-user cap is 2,500 USDC, and only 8 users are qualified, the calculated share would be 25,000 / 8 = 3,125 USDC, which exceeds the cap. Each user will therefore receive 2,500 USDC only (cap applied).

Minimum Threshold: Users must maintain a daily average BTCY holding greater than or equal to (≥) 0.5 BTCY.

Flexible Holding: Subscribe or redeem at any time during the Promotion Period; rewards are calculated based on the daily average of the snapshots.

Account Aggregation: Holdings of the master account and its sub-accounts will be aggregated for calculation and are subject to a single reward cap ; sub-accounts are not eligible for a separate allocation.

Reward Distribution:

Rewards will be automatically distributed as a Discount Buy position to eligible users’ Earn Accounts within 14 days (2026-08-04) after the Promotion Period ends.

Disclaimer : Discount Buy is a high risk product and your position may go up or down resulting in you not getting back the amount invested. You may be required to trade at a less favourable rate on the Settlement Date.

BTC Yield Product Page

Frequently Asked Questions on BTC Yield

BTC Yield Product Terms

Terms and Conditions:

These terms and conditions (“Activity Terms”) govern users’ participation in the activity above (“Activity”). By participating in this Activity, users agree to these Activity Terms, and the following additional terms: (a) Binance Terms and Conditions for Prize Promotions ; (b) Binance Terms of Use ; and (c) Binance Privacy Notice ; all of which are incorporated by reference into these terms and conditions. 

In the case of any inconsistency or conflict between these Activity Terms, and any other incorporated terms, the provisions of these Activity Terms shall prevail, followed by the following in this order of precedence, and to the extent of such conflict: (a) Binance Terms and Conditions for Prize Promotions ; (b) Binance Terms of Use ; and (c) Binance Privacy Notice .

Only users who complete identity verification and confirm their participation during the Promotion Period can qualify for rewards in the Promotion. The products or features referred to above may not be available in your region. Users are responsible for informing themselves about and observing any restrictions and/or requirements imposed with respect to the access to and use of Binance services in each country from which the services are accessed.

Holdings of the master account and its sub-accounts shall be aggregated and subject to a single reward cap. Sub-accounts shall not be entitled to a separate allocation.

The BTC Yield Terms apply.

Binance reserves the right to disqualify a user’s reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegally bulk account registrations/logins, self dealing, or market manipulation). Binance further reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.

Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this Promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all Participants shall be bound by these amendments. 

There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Thank you for your support!

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Disclaimer: Digital asset prices can be highly volatile. The value attributable to your BTCY strategy position may go down or up, and you may not receive back the amount of BTC you allocated. By participating in BTC Yield,  you are converting your subscribed BTC to BTCY. BTC Yield is not capital protected, and you may lose some or all of your BTC. Any BTC Credits, APY, realised APY, illustrative yield, or similar figures shown in connection with BTCY are for information purposes only, are not guaranteed, may be zero, and refer to BTC-denominated amounts only rather than actual or predicted returns in fiat or any other digital asset such as BTC. BTC Yield uses a strategy that may underperform holding BTC directly, including in periods of strong BTC price appreciation. When you exit BTC Yield, the amount of BTC returned to you will depend on the applicable valuation at the relevant processing time, and this may be higher or lower than the valuation shown when you submitted your request. Fast Exit may be unavailable, and Standard Exit may be subject to processing windows, capacity limits, delays and fees. Binance does not provide financial, legal, tax or investment advice, and you are solely responsible for your investment decisions. For more information, please see the BTCY Terms , Terms of Use and Risk Warning .