Cryptocurrency Q&A
What does BTC3L mean?
What does BTC3L mean?
Bianca
Sun Oct 27 2024
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6 answers
1108
I've encountered the term BTC3L and I'm not sure what it stands for. Could someone please explain the meaning of BTC3L to me?
6 answers
Nicola
Tue Oct 29 2024
BTC3L represents a type of Leveraged Token that takes long positions in BTCUSDT Perpetual Contracts, utilizing 3x leverage.
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Nicolo
Mon Oct 28 2024
Unlike BTC3L, which benefits from an increase in the BTCUSDT price, BTC3S is designed to profit from a decrease in the price.
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Davide
Mon Oct 28 2024
BTCC is a prominent cryptocurrency exchange that offers a range of services, including spot trading, futures trading, and wallet services.
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MountFujiMysticalView
Mon Oct 28 2024
This Leveraged Token, BTC3L, is designed to amplify the gains from an increase in the BTCUSDT price.
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PulseEclipse
Mon Oct 28 2024
Specifically, for every 1% rise in the BTCUSDT price, the Net Asset Value (NAV) of BTC3L will increase by 3%.
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