Binance, Exchanges

Can Binance Leveraged Tokens Rebalance?

The Binance Leveraged TokensRebalance is a new way to automatically keep your leveraged token holdings in sync with the underlying collateral. By using the Binance Rebalance API, you can monitor your token positions and trigger a rebalance when the price of the underlying asset moves by a certain percentage.

This is especially useful for traders who want to maintain their leverage ratio while the price of the underlying asset fluctuates.

The Binance Rebalance API is still in beta, but it is already being used by some of the most popular leveraged tokens, such as Binance Leveraged Token (BLVT) and Binance Margin Token (BMT).

The rebalancing feature is not yet available for all tokens, but it will be soon. In the meantime, you can use the Binance Rebalance API to keep an eye on your tokens and trigger a rebalance when necessary.

To use the Binance Rebalance API, you need to first create a rebalance bot. There are many different ways to do this, but we will use the Python SDK for this tutorial.

Once you have installed the SDK, you will need to create a file called and paste the following code into it:

NOTE: Warning: Binance Leveraged Tokens are highly speculative and risky products that may be unsuitable for some investors. Leveraged Tokens are only available to traders with a high-risk tolerance and should not be used if you do not understand the risks associated with them. Additionally, Leveraged Tokens rebalancing can cause drastic swings in market prices and can result in losses that exceed your initial investment. Therefore, please understand the risks before engaging in any trading activities involving Leveraged Tokens.

import time from binance.client import Client from binance.exceptions import BinanceAPIException def main(): #Create an instance of the Binance Client client = Client(““, ““) #Get all margin accounts accounts = client.

get_margin_accounts() #Rebalance each account for account in accounts: try: #Trigger a rebalance for this account client.rebalance_margin(account[“accountId”]) print(“Rebalanced account {}”.format(account[“accountId”])) except BinanceAPIException as e: print(e) if __name__ == “__main__”: main().

In this code, we are using the Python SDK to create an instance of the Client class. We then use the get_margin_accounts() method to get a list of all margin accounts.

Finally, we iterate through each account and trigger a rebalance using the rebalance_margin() method.

If you want to test this code without actually triggering a rebalance, you can add the following line of code before calling the rebalance_margin() method:


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