AMZNUSDT is NOT an Amazon coin. Let’s get it straight.
A lot of you saw it on Binance and got excited 😊 . Here’s the real deal, plain and very simple:
· This is NOT a cryptocurrency issued by Amazon.
· You are NOT buying Amazon shares.
· There is NO "Amazon token."
So what is it?
AMZNUSDT is a Perpetual Futures contract. It simply tracks Amazon’s stock price.
Think of it like this:
You’re placing a bet on whether Amazon’s stock price will go up or down.
You can Long (bet on rise) or Short (bet on drop).
You don’t own Amazon stock.
There’s no token to hold in your wallet.
Bottom line is this that It’s a trading tool, not an investment.
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