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Btcdown (BTCDOWN) Cryptocurrency Market info Our Ai cryptocurrency analyst implies that there will be a negative trend in the future and the BTCDOWN are not a good investment for making money . Since this virtual currency has a negative outlook we recommend looking for other projects instead to build a portfolio.

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 when the price of Bitcoin goes down . These leveraged gains amount to between 1.25x and 4x.

Go to CoinMarketCap and search for BTCDOWN. Tap on the button labeled “Market” near the price chart . In this view, you will see a complete list of places you can purchase BTCDOWN as well as the currencies you can use to obtain it. Under “Pairs” you’ll see the shorthand for BTCDOWN, BTCDOWN, plus a second currency.

What do Leveraged Tokens hold? Leveraged Tokens hold perpetual futures on FTX. That means that they will get their exposure to the underlying assets through the perpetual futures . That also means that they will be subject to the price movements, premiums, funding rates, etc.