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BNBUP

BNBUP BNBUP Price N/A

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BNBUP Price

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General Info

Tags (Sub-Categories):

#Inactive

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Description

BNBUP is a long BNB token, which generates leveraged gains between 1.5x to 3x, when BNB goes up. Issued by Binance

BNBUP (BNBUP) Chart

BNBUP price Index provides the latest BNBUP price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

Additional Data

Listing Date

7 Aug 2020

All Time High

$ 2,433

10 May 2021


All Time Low

$ 5.24

5 Sep 2020

What is BNBUP (BNBUP)?

Binance Leveraged Tokens are tradable assets in the Binance spot market that give you leveraged exposure to the underlying asset. Unlike leveraged trading, you could get into a leveraged position without the need of having any collaterals, maintaining margin maintenance and worrying about the liquidation risk.

Unlike conventional leveraged token, Binance Leveraged Tokens do not maintain a constant leverage. Instead, Binance Leveraged Tokens maintain a constant target leverage range between 1.5x and 3x. This would maximize profitability on upswings, and minimize losses to avoid liquidation.

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