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BTCDOWN

BTCDOWN BTCDOWNPrice N/A

BTCDOWN Price

N/A

General Info

Tags (Sub-Categories):

# Inactive

Description

BTCDOWN is a short Bitcoin token, which generates leveraged gains between 1.5x to 3x, when Bitcoin goes down. Issued by Binance.

BTCDOWN (BTCDOWN) Chart

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

Additional Data

All Time High

$ 12.15

25 May 2020


All Time Low

$ 0.00117

28 Feb 2024

Trending BTCDOWN Fiat Pairs

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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