Binance Will Delist BULL, BEAR and others tokens
On March 31 Binance will delist 10 FTX margin tokens.
The following tokens will be deleted:
- BULL
- BEAR
- ETHBULL
- ETHBEAR
- EOSBULL
- EOSBEAR
- BNBBULL
- BNBBEAR
- XRPBULL
- XRPBEAR
Tokens were traded in pairs:
- BULL
- BEAR
- ETHBULL
- ETHBEAR
- EOSBULL
- EOSBEAR
- BNBBULL
- BNBBEAR
- XRPBULL
- XRPBEAR
Tokens were traded in pairs:
BULL/USDT, BULL/BUSD, BEAR/USDT, BEAR/BUSD, ETHBULL/USDT, ETHBULL/BUSD, ETHBEAR/USDT, ETHBEAR/BUSD, EOSBULL/USDT, EOSBULL//BUSD, EOSBEAR/USDT, EOSBEAR/BUSD, BNBBULL/USDT, BNBBULL/BUSD, BNBBEAR/USDT, BNBBEAR/BUSD, XRPBULL/USDT, XRPBULL/BUSD, XRPBEAR/USDT и XRPBEAR/BUSD.
What are BULL and BEAR
BULL and BEAR are a pair of BTC / USD with leverage 3 already included. In simple words, if bitcoin in a pair of BTC / USD increased by 1%, then BULL grows by 3%, and BEAR drops by 3%. If Bitcoin drops by 1%, then BULL drops by 3%, and BEAR grows by 3%.
- BULL grows if BTC / USD grows
- BEAR increases if BTC / USD decreases
The same applies to other tokens: ETHBULL, ETHBEAR, etc.
Where to trade BULL and BEAR
Tokens originally appeared on the FTX exchange, where they can continue to be traded. The exchange does not require verification. Tokens are also available on the Bitmax and MXC exchanges, which also do not require verification.