Six more leveraged tokens are coming to Poloniex today! With EOSBULL, EOSBEAR, XRPBULL, XRPBEAR, LINKBULL, and LINKBEAR you can get 3x leverage on EOS, XRP, and LINK.
These leveraged tokens join the ten leveraged tokens we currently have available on Poloniex. Leveraged tokens are similar to other ERC-20 tokens in the sense that they can be traded, held, or transferred the same as any other token. The main difference with leveraged tokens is that they provide leveraged exposure to crypto assets without having to worry about collateral, margin, liquidation prices, or anything else that you’d need to manage with regular margin trading. Learn more about how leveraged tokens work on our Help Center.
Please note: Leveraged tokens are higher risk than other spot markets and potentially more volatile. Before trading, please consider the information detailed in our Help Center.