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Über LTCUP

Binance Leveraged Tokens are tradable assets (off-chain tokens) in the Binance spot market that give users leveraged exposure to the underlying asset. Each leveraged token represents a basket of perpetual contract positions. The price of the tokens tracks the change in notional amount of the perpetual contract positions in the basket and changes in the multiples of leverage level.

LTCUP - allows you to generate leveraged gains when LTC increases in price.
LTCDOWN - allows you to generate leveraged gains when LTC decreases in price.