๐จ NOT an Amazon Coin โ Read This First
Many people are confused after seeing AMZNUSDT on Binance, so letโs clear it up in simple words ๐
๐น AMZNUSDT is NOT a crypto coin
๐น Amazon has NOT launched any token
๐น You are NOT buying Amazon shares or an Amazon coin
So what is it?
AMZNUSDT is a Perpetual Futures contract that only tracks the price of Amazon stock.
Think of it like this ๐
๐ Youโre just betting on Amazonโs price movement (up or down)
๐ฐ You can Long or Short
โ You donโt own Amazon
โ No wallet, no blockchain token
This product is for trading, not investing.
โ ๏ธ High risk because it uses leverage โ beginners should be careful.
๐ If you thought this was an โAmazon coinโ, now you know the truth.
Follow for more clear crypto explanations before trading.
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