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Cryptocurrency Ecosystem => Binance Smart Chain + Ecosystem => Binance Coin (BNB) => Topic started by: SRShanuka2020 on May 11, 2020, 10:57:36 PM

Title: Binance Adds Its Own Leveraged Tokens After Removing FTX
Post by: SRShanuka2020 on May 11, 2020, 10:57:36 PM
Binance Adds Its Own Leveraged Tokens After Removing FTX


(https://i.imgur.com/s8i382O.png)


Binance has launched new leveraged tokens, giving customers greater price swing accessibility.

"Leverage Tokens are a tradable asset that gives users leveraged exposure to the underlying asset without the need of maintaining collaterals, margin maintenance and liquidation risk," Binance said in a question and answer document provided to Cointelegraph, adding:

Visit For More info: Here (https://cointelegraph.com/news/binance-adds-its-own-leveraged-tokens-after-removing-ftx)
Title: Re: Binance Adds Its Own Leveraged Tokens After Removing FTX
Post by: jonathancool220 on July 24, 2020, 10:16:48 PM
Leverage Token created by Binance is indeed good for trading, but if we don't know how to trade it, it will be difficult to experience something beneficial.
Once again, check the rules that are changed because every token or feature that is launched must be different.

Leverage tokens also don't want to lose because I make sure all assets in Binance are business.
Title: Re: Binance Adds Its Own Leveraged Tokens After Removing FTX
Post by: kent47400 on November 09, 2020, 10:48:36 AM
Binance has an advantage over this problem because I see this is the real goal of Binance.
Binance wants to be independent and create something different from the others, like the business that continues to rotate in the Binance circle.
Title: Re: Binance Adds Its Own Leveraged Tokens After Removing FTX
Post by: Dora Walletinvestor on November 09, 2020, 11:13:27 AM
Sounds like a smart move. It's probably a good opportunity. As another commenter has said before, make sure you update yourself on the rules that are relevant to this new product.
Title: Re: Binance Adds Its Own Leveraged Tokens After Removing FTX
Post by: damsix on November 12, 2020, 04:31:45 AM
Quote from: Dora Walletinvestor on November 09, 2020, 11:13:27 AM
Sounds like a smart move. It's probably a good opportunity. As another commenter has said before, make sure you update yourself on the rules that are relevant to this new product.
This is not about the truth being good but it is something that Binance has valued by replacing other tokens with tokens it creates.
It may take a few steps to adjust if Binance is going to be able to compete with the cryptocurrency market in its Leverage trading system.