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Best websites about Ftx Bull Token

Best websites about Ftx Bull Token

How do I use leveraged tokens on FTX?

Each leveraged token gets its price action by trading FTX perpetual futures . For instance, say that you want to create $10,000 of ETHBULL . To do so you send in $10,000, and the ETHBULL account on FTX buys $30,000 worth of ETH perpetual futures . Thus, ETHBULL is now 3x long ETH. You can also redeem leveraged tokens for their net asset value.

How do I buy and sell Bull and bear tokens?

Our BULL tokens approximates 3x returns, and BEAR tokens approximate -3x returns. How do I buy and sell them? You can trade the leveraged tokens on FTX spot markets. Go to the token page and click on 'trade' for the token you want. You can also go to your wallet and click 'CONVERT'.

How does the price of the token track the underlying price?

The price of the token will tend to track the price of the underlying positions it holds. Our BULL tokens approximates 3x returns, and BEAR tokens approximate -3x returns. How do I buy and sell them? You can trade the leveraged tokens on FTX spot markets.

How do I buy and sell the tokens?

The price of the token will tend to track the price of the underlying positions it holds. Our BULL tokens approximates 3x returns, and BEAR tokens approximate -3x returns. How do I buy and sell them? You can trade the leveraged tokens on FTX spot markets. Go to the token page and click on 'trade' for the token you want.

Ftx Bull Token
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