3X Long Bitcoin Token is an Ethereum-based token that provides holders with 3x leverage on the underlying asset, which is Bitcoin. The token is backed by the underlying asset, which is BTC, and is therefore pegged to the price of BTC. The token is liquid and can be traded on exchanges that support ERC20 tokens. The token has a limited supply of 21 million tokens, and each token represents one share in the underlying asset.
The token is currently trading at $0.30, and has a market capitalization of $6.3 million.
The 3X Long Bitcoin Token was created in response to the growing demand for leverage in the cryptocurrency market. The token provides holders with 3x leverage on the underlying asset, which is Bitcoin.
NOTE: WARNING: 3X Long Bitcoin Token is a high risk financial product. It is not suitable for all investors, and it is important to understand the risks before investing. Investing in 3X Long Bitcoin Token carries an extremely high degree of risk, and you may lose all or a portion of your investment. You should only invest what you are willing to lose. This product is highly speculative and should be treated as such. Investing in 3X Long Bitcoin Token requires an understanding of cryptocurrency trading, blockchain technology, and the potential future volatility of the cryptocurrency market. You should not invest in this product unless you have sufficient knowledge of cryptocurrency trading and are prepared to accept the risks associated with investing.
The token has a limited supply of 21 million tokens, and each token represents one share in the underlying asset. The token is currently trading at $0.
The 3X Long Bitcoin Token was created by Bitfinex, one of the leading cryptocurrency exchanges. Bitfinex is a digital asset trading platform that offers state-of-the-art services for digital currency traders and global liquidity providers.
Bitfinex provides advanced security features, margin trading, and OTC options. The exchange also offers a suite of tools for developers and API documentation for integrations.
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Amun Bitcoin 3x Daily Long is an exchange-traded product that tracks the Bitcoin price three times a day. It is denominated in US dollars and listed on the NAsdaqOMX Stockholm Stock Exchange. The product was launched on 5 December 2017 and is the first of its kind in Europe.
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