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Binance has imposed a $5,000 cap on leveraged token holdings, leaving traders searching for alternatives. This article explores top platforms like FTX and Pionex for leveraged token trading. Discover how these exchanges offer unique features and flexibility for crypto traders.
- Binance's new $5K limit on leveraged token holdings pushes traders to explore alternatives like FTX and Pionex.
- Pionex offers variable target leverage and automated rebalancing, while FTX provides high liquidity and a range of leverage options.
- Leveraged tokens are high-risk instruments designed for short-term trading, not long-term holding, due to their volatility and rebalancing mechanisms.
📎 Source reference: coincodecap.com