What are Binance Leveraged Tokens (BLVT)?
Leveraged tokens give you leveraged exposure to the price of a cryptocurrency without the risk of liquidation.
* BLVTs are BTCUP and BTCDOWN. BTCUP aims to generate leveraged gains when the price of Bitcoin goes up, while BTCDOWN aims to generate leveraged gains between when the price of Bitcoin goes down. In BLVT the Leverage will be maintain according to the market between 1.25x to 4x.
* You’ll see a term on the leveraged token’s page called Net Asset Value (NAV). This refers to the value of your leveraged tokens denominated in USDT. When you redeem your tokens, the USDT you’ll get will be determined by the NAV.
* If you want to trade in the Binance leverage tokens so first you have to LOG In in your Binance account if you don’t have an account, so you have to create an account on Binance to Click Here.
Now you can go to the home page of the exchange and you have to two choices to enter in the market, First is
1. you can easily trade in Spot market and click to Zones option and select ETF. After selection the ETF you can see the All Leverage Tokens, now you select the coin and start trading.
 |
*. Now you can start trading as usual like spot trading, here you can buy and sell your preferable coin as just like you would be do in spot trading
*. Put your Buy and Sell deal in Limit or Market order.
*. And always use Stop loss to Close your deal in little bit loss.
*. If you don’t know how to trade in spot then Click Here to know .
2. Second option is that first you have to go to the Home Page of the exchange and click to the Derivatives and select the Leverage Tokens and start trading.
 |
*. After selection the Leverage Tokens you can see the list of the coins which are usually trade in leverage trading market.
*. In the list of the coin they have 3 options First is Trade, Second is Subscribe and the last one is Redeem option.
*. When you select the Trade option then you have move direct to the trading page where you have put your all orders.
*. In this see list you have to select the coin and Click Subscribe option to buy the coins.
*. And Click no the Redeem option to sell your coins.
If we talking about the leverage which is gave by the Binance so that is 1.25x to 4x. So the main thing is that you are not be able to select the leverage of the coin, actually it is maintain by the Binance automatically as per required to the market. So don’t think so much about the leverage.
Go and try the way of trading.
