Binance Will List BCHUP & BCHDOWN Binance Leveraged Tokens
Binance will list the second pair of Binance Leveraged Tokens: BCHUP and BCHDOWN at 2020/10/28 7:00 AM (UTC), with BCHUP/USDT and BCHDOWN/USDT trading pairs.
About Binance Leveraged Tokens (BLVT)
Binance Leveraged Tokens are tradable assets (off-chain tokens) in the Binance spot market that give users leveraged exposure to the underlying asset. Each leveraged token represents a basket of perpetual contract positions. The price of the tokens tracks the change in notional amount of the perpetual contract positions in the basket and changes in the multiples of leverage level.
- BCHUP - allows you to generate leveraged gains when BCH increases in price.
- BCHDOWN - allows you to generate leveraged gains when BCH decreases in price.
Please ensure you have fully read the Binance Leveraged Tokens Risk Disclosure Statement prior to trading or participating in any Binance Leveraged Tokens products, and fully understand the risks associated with leveraged tokens. As a trader, you acknowledge and agree that you shall access and use Binance Leveraged Tokens at your own risk.
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