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Leveraged Tokens
Guides
How to Subscribe or Redeem Binance Leveraged Tokens
Binance
2020-05-11 00:54
1. You could subscribe or redeem your leveraged tokens in USDT anytime. To redeem it, simply go to Binance Leveraged Tokens web page. Click the "Subscribe" or “Redeem” icon.
2. Enter the amount of leveraged tokens you want to subscribe or redeem. Click “Confirm” to complete the subscription or redemption process.
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The leveraged tokens will be redeemed in USDT. You may check the redeemed fund in your spot wallet.
Notes:
  • The daily total subscription or redemption limit of each leveraged token is capped at 100,000 tokens, however, the amount may vary according to prevailing market conditions.
  • Users may subscribe or redeem each leveraged token up to the daily cap of 1,000 tokens per account, however, the amount may vary according to prevailing market conditions.Please refer to Binance Leveraged Tokens Trading Rules for the limit of subscription and redemption.
  • Subscription and redemption are generally more expensive than selling the leveraged tokens on the spot market and is not recommended during normal trading times.

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