Step 1: Register your FTX account.
Step 2: Access your Binance spot wallet.
Step 2: Click on Withdraw.
Step 3: Select the Leveraged Token you want to withdraw. Select ERC20.
Step 4: Access your FTX Wallet and scroll to the Leveraged Token you wish to deposit. Once you've clicked on deposit and then copy return to Binance. You can use the search feature to find it. Make sure that "Hide zero balances" isn't checked. Also make sure to select the top (ERC20) option.
Step 5: Paste the copied address to Recipient's Address (Please double check you are withdrawing the same Leveraged Token from Binance as the address you copied on FTX). Then select the amount and hit Submit.
- None of this is investment advice.
- Much of the below analysis ignores any difference between futures and spot prices, and ignores the effects of fees.
- Leveraged tokens greatly reduce the risk of liquidation but cannot make it fully impossible; if markets instantaneously gap down 50%, there is nothing that can stop a +3x leveraged position from getting liquidated.
- Leveraged tokens, like the rest of FTX, are not being offered to US users.
FTX Telegram Communities
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Chinese - https://t.me/FTX_Chinese_Official
Vietnamese - https://t.me/FTX_Vietnam_Official
Russian - https://t.me/FTX_Russian_Official
Turkish - https://t.me/FTX_Turkey_official
Taiwanese - https://t.me/FTX_Taiwan_Official
French - https://t.me/FTX_France_Officiel
Korea - https://t.me/FTX_Korea_Official
India - https://t.me/FTX_India_Official
Spanish - https://t.me/Ftx_Spanish_Official
Portuguese - https://t.me/FTX_Portuguese_Official
Dutch - https://t.me/FTX_Dutch_Official
WeChat - FTX_Official
Facebook - https://www.facebook.com/ftx.official/
SBF Twitter - https://twitter.com/SBF_Alameda
YouTube - https://www.youtube.com/channel/UC3r0upC_xJ9SvtaCKNUtosA