BULL and BEAR will be available on Biconomy; we support BULL/USDT、BEAR/USDT trading pair and invite you sincerely to experience!
About BULL, BEAR
BULL, BEAR are ERC20 tokens that have leveraged exposure as shown below:
3X Long Bitcoin Token (BULL)
3X Short Bitcoin Token (BEAR)
Leveraged tokens are ERC20 tokens that have leveraged exposure to crypto. Using BULL, a 3x long BTC token as an example, for every 1% BTC goes up in a day, BULL goes up 3%; for every 1% BTC goes down, BEAR goes down 3%.
Users can buy leveraged tokens just like normal tokens on a spot market. However, there is no need for them to manage collateral, margin, liquidation prices, or anything that a normal margin user needs to manage.
To learn more about how the leveraged tokens work, please read a detailed guide and walkthrough here:
BULL、BEAR Available for Deposit: February 2, 2020, at 17:00 (GMT+8).
BULL、BEAR Available for Trading: February 2, 2020, at 17:00 (GMT+8).
BULL、BEAR Available for Withdrawal: February 2, 2020, at 17:00 (GMT+8).
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Risk warning: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Biconomy will make best efforts to choose high-quality coins, but will not be responsible for your investment losses.
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