Leverage tokens binance

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Leveraged tokens, like other coins, collection of perpetual contract holdings to pass the leveraged token. The price level of a a sort of derivative that and there is a oeverage to the underlying asset.

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WHY YOU SHOULDN'T HOLD BINANCE LEVERAGE TOKENS LONG TERM
Binance Leveraged Tokens have a daily management fee of %. FTX Leveraged Tokens have a daily management fee of %. Those may seem small. Leveraged tokens are ERC20 tokens with leveraged exposure without taking care of the margin, requirements, management, and liquidation risk. Leveraged tokens are cryptocurrencies that allow traders to gain exposure to an underlying cryptocurrency without using collateral.

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Binance takes no fees for funding rate transfers; these are directly between traders. Currently, Binance Leveraged Tokens are not withdrawable. Binance reserves the right to update the BLVT Fees in its discretion from time to time by posting the updated fees to the Platform. Funding fees: Funding fees are paid or paid to the underlying fund based on the funding rate and reflected directly in the net asset value of the Leveraged tokens. How do I get started in Binance Leveraged Tokens?