Ranked as the world’s biggest cryptocurrency exchange by traded value, Binance offers an extensive array of trading pairs. The company claims its matching engine makes it one of the fastest Exchanges in the world. However, it has a reputation for freezing when BTC price is moving fast. It’s ideal for the user to diversify their portfolio as much as possible, allowing users to trade Bitcoin for a whole host of altcoins.

Features

Spot trading with Fiat and stable-coins.

USDT margined with no expiration and up to 125x leverage.

Token margined with or without expiration dates and up to 125x leverage.

T Type Vanilla options price quotes, long or short.

Leveraged Tokens without risk of liquidation

Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU.

Binance Earn is an awesome way to increase your savings while you’re sound asleep, knowing that your funds are doing all the work for you. There are a number of different options, each with their own assumptions about your risk profile, time horizon, and desired returns. 

Binance Leveraged Tokens

(BLVTs) are tradable assets on the Binance spot market. Each BLVT represents a basket of open positions on the perpetual futures market. So a BLVT is essentially a tokenized version of leveraged futures positions.

The first available 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. These leveraged gains amount to between 1.5x and 3x. We’ll discuss why this is the case and how they target this leverage in the next chapter.

Currently, Binance Leveraged Tokens are only listed and tradable directly on Binance, and you won’t be able to withdraw them to your own wallet. Please note that Binance Leveraged Tokens aren’t issued on-chain.