Binance Leveraged Tokens are tokens that can be traded on the Binance spot market. They allow users to have leveraged exposure to the underlying asset. Each token represents a collection of perpetual contract positions. The price of the tokens corresponds to the changes in the value of these perpetual contract positions and the level of leverage. Before trading or engaging in any Binance Leveraged Tokens products, it is important to carefully read and understand the risks outlined in the Binance Leveraged Tokens Risk Disclosure Statement. By using these tokens, traders acknowledge and accept that they are assuming their own risk.
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