{"id":21516,"date":"2022-04-08T10:25:00","date_gmt":"2022-04-08T10:25:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2022\/04\/08\/top-crypto-platform-bybit-launches-leveraged-token-products\/"},"modified":"2022-04-08T10:25:00","modified_gmt":"2022-04-08T10:25:00","slug":"top-crypto-platform-bybit-launches-leveraged-token-products","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2022\/04\/08\/top-crypto-platform-bybit-launches-leveraged-token-products\/","title":{"rendered":"Top Crypto Platform Bybit Launches Leveraged Token Products"},"content":{"rendered":"<p> \n<\/p>\n<div lang=\"en\">\n<p>        DUBAI, UNITED ARAB EMIRATES &#8211;<br \/>\n<a href=\"https:\/\/www.media-outreach.com\/\" rel=\"sponsored\">Media OutReach<\/a> &#8211; 8 April 2022 &#8211; Bybit, one of the world&#8217;s fastest growing cryptocurrency exchanges, announced the launch of leveraged token products on its spot exchange starting with two Bitcoin leveraged tokens, BTC3L and BTC3S.<\/p>\n<p>These leveraged tokens are short-term investment vehicles that let traders reap the benefits of leverage with no margin, collateral or liquidation risks. They have no margin requirement, offering traders a diversified product that exposes them to greater gains.\n<\/p>\n<p>In a prominently bull or bear market, leveraged tokens are popular as a diversified trading product that can help make the most out of a volatile market. Each leveraged token is a basket of perpetual contract positions that can be traded on Bybit&#8217;s spot exchange. Now, traders can simply buy a leveraged token for exposure to leveraged trades with no fear of margin calls or liquidation.\n<\/p>\n<p>Bybit&#8217;s new leveraged tokens, BTC3L and BTC3S and BTC3, represent long and short trades on BTC with 3x leverage. So, if BTC moves 1% in a day then BTC3L would move 3% for example.\n<\/p>\n<p>Bybit recommends leveraged tokens as short-term investments. To help users fully understand the product, the platform has more on Bybit Leveraged Tokens<br \/>\n<a href=\"https:\/\/help.bybit.com\/hc\/en-us\/articles\/4408333364505-Introduction-to-Bybit-Leveraged-Tokens\" rel=\"sponsored\">here<\/a>.\n<\/p>\n<p>&#8220;We are thrilled to offer our clients another great trading opportunity in launching leveraged tokens,&#8221; said Ben Zhou, co-founder and CEO of Bybit. &#8220;We are always looking for ways to help our users capitalize on market opportunities, and leveraged tokens are an excellent addition.&#8221;\n<\/p>\n<\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/united-arab-emirates\/2022\/04\/08\/129824\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>DUBAI, UNITED ARAB EMIRATES &#8211; Media OutReach &#8211; 8 April 2022 &#8211; Bybit, one of the world&#8217;s fastest growing cryptocurrency exchanges, announced the launch of leveraged token products on its spot exchange starting with two Bitcoin leveraged tokens, BTC3L and BTC3S. These leveraged tokens are short-term investment vehicles that let traders reap the benefits of &hellip;<\/p>\n","protected":false},"author":1,"featured_media":21517,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/21516"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=21516"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/21516\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/21517"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=21516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=21516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=21516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}