If you are the one who love trading in the crypto market. Once you buy, you will have to wait until the price increase up from your buying price to make an exit and taking the profit. What if the price goes down from the buying price? Sure, you must pray for its price to climb up again before you make an unperfectly exit decision point. I bet you are worrying and can not take your eyes out from the monitor for such wrong way buying cases.
We can say that above line is a kind of one way profit making, if the price ups you gain but if the price down you lose. Is it better if we could make a profit on both Up and Down sides? Here we go, Binance has a product which enable you to make a profit from both side of the price even it goes up or down. This is via something called Binance Leveraged Tokens.
The Binance Leveraged Tokens refer to the market cryptocurrency for example BTC. There are BTCUP and BTCDOWN as Leveraged Tokens for you to buy. Each of them has the flexible leverage between 1.5-3.
This means, if the current situation BTC is up trend, so the change of 1% on BTC price will cause the price of BTCUP token rises up with 3% in value and fall the 3% on BTCDOWN.
In the reverse, when the BTC is down trend, so the change of 1% on BTC price will cause the price of BTCDOWN token rises up with 3% in value and fall the 3% on BTCUP.
So that you can make a profit from both side moving of the prices via these Leveraged Tokens. This is an alternative choice of the investment where you could make a 2 ways profit by regardless to the margins nor liquidations.
Please note that currently not all the cryptocurrency available for Leveraged Tokens and only available on Binance platform. Visit more in Binance website