How to Use BTC Yield on Binance: Binance Tutorial (2026)

*Holding Bitcoin long term, but wondering if your BTC could work a little harder while you hold?* In this tutorial, we break down Binance BTC Yield, an open-ended BTC-denominated product in Binance Earn that gives eligible users access to an options-based strategy without manually trading options themselves. You’ll learn what BTCY is, how BTC Yield uses covered call strategies to potentially generate BTC income, how to subscribe and redeem, and the key trade-offs to understand before using it. We’ll also explain the most important risks in plain English: capped upside if BTC rallies strongly, Conversion Rate volatility, no principal protection, and no guaranteed BTC income. If you’re a long-term BTC holder exploring yield opportunities, this guide will help you understand how BTC Yield works and whether it fits your needs and risk tolerance. *⚠️ BTC Yield may not be available in your region.* BTC Yield is not principal-protected, and BTC income is not guaranteed. Your BTC-denominated position can go down, and you may receive less BTC when redeeming than the amount you originally subscribed. Always read the Terms and Conditions shown on Binance before subscribing. ⚠️ *📚 Resources:* ➡️ Try BTC Yield: https://www.binance.com/en/earn/btc-yield *In this video, you’ll learn:* ✅ What Binance BTC Yield is: an open-ended BTC-denominated yield product offered by Binance Earn ✅ How BTC Yield works: selling covered call options on BTC holdings, collecting premiums, converting them into BTC, and potentially distributing BTC income ✅ What BTCY represents: a token that reflects your position in the BTC Yield strategy while subscribed ✅ Covered calls explained simply: earning option premiums in exchange for potentially giving up upside above a strike price ✅ How to subscribe to BTC Yield on Binance Web ✅ Key metrics to review: 14-day average APY, next redemption date, Conversion Rate, drawdown, Sharpe Ratio, and BTC TVL ✅ Subscription settlement: why BTCY amounts are estimated before settlement and confirmed at T+1 using the applicable Conversion Rate ✅ Where to view BTCY holdings: Earn account during subscription status, then Spot account once confirmed ✅ How to redeem: Fast Redemption vs. Standard Redemption, including fees, timing, settlement, and cancellation rules ✅ How BTC income works: weekly potential distributions based on option premiums, volatility, market conditions, and strategy performance ✅ Main risks: capped upside, Conversion Rate volatility, no principal guarantee, and no guaranteed income *⏱️ Timestamps:* ⏳ 00:00 – Introduction: can your long-term BTC work harder? ⏳ 00:49 – What is Binance BTC Yield? ⏳ 01:50 – Covered calls, the core strategy of BTC Yield, explained ⏳ 03:35 – How to subscribe to BTC Yield on Binance Web ⏳ 05:18 – Why do I see a subscription error? About subscription settlement ⏳ 05:43 – Where to view BTCY holdings and subscription history ⏳ 06:35 – How to redeem BTC Yield: Fast vs. Standard Redemption ⏳ 07:25 – Fast Redemption: faster BTC return, higher fee, and no cancellation ⏳ 08:12 – Standard Redemption: lower fee, cutoff times, settlement cycle, and cancellation rules ⏳ 09:00 – Where to view BTCY redemption status and redemption history ⏳ 09:32 – Where to view BTC income distribution history ⏳ 09:50 – Risks of BTC Yield ⏳ 11:05 – Outro #binance #binanceearn #Bitcoin #BTC #CryptoYield #CoveredCalls #BinanceGuide #BinanceTutorial #cryptotutorial #cryptoguide *⚠️ RISK WARNING:* Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. It is your responsibility to ascertain whether you are permitted to use the services of Binance based on your individual circumstances. Not financial advice. For more information, see our Terms of Use and Risk Warning. *📢 Join the conversation:* ➡️ Twitter/X: https://twitter.com/binance ➡️ Instagram: https://www.instagram.com/binance ➡️ Facebook: https://www.facebook.com/binance ➡️ TikTok: https://www.tiktok.com/@binance ➡️ LinkedIn: https://www.linkedin.com/company/binance ➡️ Reddit: https://www.reddit.com/r/binance *🔗 Download Binance here (iOS, Android):* https://binance.onelink.me/y874/cb98de36 *🔗 Sign up for Binance here:* https://www.binance.com/en?ref=ERQKP7ND&utm_source=BinanceYoutube&utm_medium=GlobalSocial&utm_campaign=GlobalSocial