This token is an FTX Leveraged Token that has leveraged exposure to crypto. Users can buy leveraged tokens like regular tokens on spot markets like Indodax. FTX maintains the Leverage Token price. Indodax is not responsible for the Leverage Token price from time to time.
This week, the ETHBULL crypto asset will be listed on Indodax. Open deposit will start on August 10th, 2022 at 14:00 WIB (UTC +7) and open trading will start on August 11th, 2022 also at 14:00 WI (UTC +7).
Using ETHBULL, a 3x long ETH token as an example, for every 1% ETH goes up in a day, ETHBULL goes up 3%; for every 1% ETH goes down, ETHBULL goes down 3%.
Curious? Let’s read more here!
What is ETHBULL?
The 3X Long Ethereum (ETHBULL) token is an ERC20 token that seeks a return that corresponds to 3 times the daily return of Ethereum.
The 3X Long Ethereum (ETHBULL) token is a crypto asset with a market cap of $14.73M. The 3X Long Ethereum token ranks 755th in the global cryptocurrency rankings with a daily trading volume of $1.92M.
Is ETHBULL a Good Investment?
Investing in 3X Long Ethereum Token, ETHBULL will purely depend on your personal risk appetite. As you can see over the past 24 hours 3X Long Ethereum Token’s price has witnessed a -8.245% decrease and over the past 30 days 3X Long Ethereum Token has decreased by -77.486%. So it all depends on if this investment will hit your trading goals.
What makes ETHBULL unique?
FTX Leveraged tokens are ERC20 & BEP2 tokens that have leveraged exposure to crypto. Using ETHBULL, a 3x long ETH token as an example, for every 1% ETH goes up in a day, ETHBULL goes up 3%; for every 1% ETH goes down, ETHBULL goes down 3%.
Users can buy leveraged tokens just like normal tokens on a spot market. However, there is no need for them to manage collateral, margin, liquidation prices, or anything that a normal margin user needs to manage.
How Much will 3X Long Ethereum Token Be Worth in 2027?
According to the 3X Long Ethereum Token Price Prediction model, ETHBULL’s price in 2027 would be $5,819.93. This price would however would range from $6,983.916 and $4,655.944.
Since this token is a token of the FTX exchange, as usual, you have to find out the fundamental and technical analysis beforehand! All crypto asset trading decisions are independent decisions by the user. Therefore, all risks arising from it, whether profit or loss, are not the responsibility of Indodax.
ETHBULL Crypto Assets
The current CoinMarketCap ranking is #2901, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.
How to Buy ETHBULL Crypto Assets on Indodax
For those of you who want to buy ETHBULL crypto assets, you can buy them on Indodax starting August 11th, 2022 at 14:00 WI (UTC +7).
Here’s how to buy it:
- For those of you who are not yet a member, you can click the link here
- After that, make a deposit. For those of you who are confused about how to deposit, click on this link
- After your deposit and balance come in, you can return to the market
- Look for ETHBULL in the USDT market then click
- After entering, all you have to do is buy by filling in the balance and at what price you want to buy ETHBULL. You can also buy it instantly or directly at the current price
- After that, you need to patiently wait for the price to increase for some time
- After the price increases, you can sell it at a higher price with the instant method
- If you sell with the limit method, you can place orders after buying. Make sure you enter a higher number when selling.