2 days ago · 3 min read
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Source: BTCDOWNUSD Chart by TradingView
BTCDOWN is a Short Bitcoin with Up to 3x Leverage. Generate 1.5x-3x leveraged gains when the price of Bitcoin declines.
Binance Leveraged Tokens are tradable assets (off-chain tokens) in the Binance spot market that give users leveraged exposure to the underlying asset. Each leveraged token represents a basket of perpetual contract positions. The price of the tokens tracks the change in notional amount of the perpetual contract positions in the basket and changes in the multiples of leverage level.
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