But while others panicked, Bundlers trading Bundle Leveraged DOWN tokens quietly made significant profits from the dips.
Bundle Leveraged DOWN tokens allow you to take advantage of bearish market sentiment. The tokens allow you to earn 1.25x — 4x more when the price of the underlying decreases.
Although BLVTs are leveraged and you can either compound your losses or gains, there is no risk of liquidation with the assets, regardless of how low or high prices swing.
There are currently three DOWN tokens available on Bundle:
And any of them can be bought/sold within the app.
But please be aware that leveraged tokens are best used for short-term trades, ideally a maximum of 24-hour trades, and shouldn’t be held over a long period of time.
Bundle is closing its exchange services to focus on Cashlink as a payment solution in Web3. Users cannot buy/ sell or swap assets except for USDT. The last date of operations is the 10th of September 2023.
The Bundle app has been optimised to give users a better experience when trading crypto on Bundle.
Bundle is partnering with 3air, the world’s first blockchain platform that brings millions of unconnected users online and into blockchain and crypto. They also solve the connectivity issues faced in Africa using a proprietary solution that provides high-speed broadband internet wirelessly.
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