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 BULL crypto asset will be listed on Indodax. An open deposit will start on October 13, 2021, at 14:00 WIB, and open trading will start on October 14, 2021, at 14:00 WIB.
If previously we discussed Short Tokens, this time, Indodax does not stop presenting Long Tokens in the spot market. How come?
Curious? Take it easy because, before buying, you need to find the background of a project so that you can have the most suitable crypto asset. And this time, Indodax Academy will share, and you can read this article to get to know your favorite crypto asset first!
3x Long Bitcoin Token (BULL)
3x Long Token or BULL is a token that can give you more profit when the Bitcoin price is bullish!
Since this token is a token of the FTX exchange, as usual, you have to find out the fundamental and technical analysis beforehand, yes! 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.
For example, there is a 5 percent price increase in Bitcoin. Then the BULL price will increase by about 15 percent on the BULL. Thus, it allows traders to earn faster profits and more!
This Long Token is instrumental for traders to manage risk and act as a protector that prevents significant losses, especially when the weather is unstable. In addition, Short & Long Tokens can help traders manage margins.
How to Buy BULL / USDT Crypto Assets on Indodax
For those who want to buy BULL crypto assets, you can buy them on Indodax starting October 14, 2021, at 14:00 WIB. Here’s how to buy the BULL crypto asset:
- 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 BULL in the USDT market, then click.
- After entering, you must buy by filling in the balance and at what price you want to purchase BULL. You can also buy it instantly or directly at the current price.
- After that, you need to wait for the price to increase for some time patiently.
- After the price increases, you can sell at a higher price with the instant method.
- You can place an order after buying if you sell with the limit method. Make sure you enter a higher number when selling.