Exchange
Blockchain and crypto asset exchange
Academy
Blockchain and crypto education
Broker
Trading terminal solutions
Charity
Blockchain charity foundation
Cloud
Enterprise exchange solutions
DEX
Fast and secure decentralized digital asset exchange
Labs
Incubator for top blockchain projects
Launchpad
Token Launch Platform
Research
Institutional-grade analysis and reports
Trust Wallet
Binance's official crypto wallet
Buy Crypto
Markets
App StoreGoogle PlayAndroid
Scan to Download
Desktop
English/USD
Support Center
Announcement
New Crypto Listings
Binance Lists FTX Leveraged Tokens: BNBBULL & BNBBEAR
Binance
2020-03-11 04:14

Fellow Binancians,

Binance will list FTX leveraged tokens BNBBULL and BNBBEAR, and open trading for BNBBULL/USDT, BNBBULL/BUSD, BNBBEAR/USDT and BNBBEAR/BUSD trading pairs at 2020/03/11 7:00 AM (UTC). Users can now start depositing the above leveraged tokens in preparation for trading.

Leveraged Token Listing Fee: 0 BNB. 

About BNBBULL and BNBBEAR

BNBBULL and BNBBEAR are ERC20 tokens issued by FTX that have leveraged exposure as shown below:

  • 3X Long BNB Token (BNBBULL)
  • 3X Short BNB Token (BNBBEAR)

About FTX Leveraged Tokens

Users can buy leveraged tokens just like normal tokens on a spot market. However, there is no need for them to manage collateral, margin, liquidation prices, or anything that a normal margin user needs to manage.

To learn more about how the FTX leveraged tokens work, please read a detailed guide and walkthrough from FTX here

Details:

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high quality coins, but will not be responsible for your trading losses.

Thanks for your support!

Binance Team

2020/03/11

 

Trade on the go with Binance’s mobile crypto trading app:

Download for Android

Download for iOS

 

Find us on 

Telegram: https://t.me/binanceexchange

Twitter: https://twitter.com/binance

Facebook: https://www.facebook.com/binance 

Instagram: https://www.instagram.com/binance 


Have more questions?submit a request
Related Articles
New BUSD Trading Pairs Enabled on Binance Isolated Margin