
BTCDOWN BTCDOWNPrice N/A
BTCDOWN Price
General Info
Description
BTCDOWN is a short Bitcoin token, which generates leveraged gains between 1.5x to 3x, when Bitcoin goes down. Issued by Binance.
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BTCDOWN (BTCDOWN) Chart










What is BTCDOWN (BTCDOWN)?
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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