A leveraged token allows you to take a leveraged position in a cryptocurrency, meaning your earnings or losses are multiplied. For example, a token called 3X Long Ethereum Token (ETHBULL) triples the profits of an Ethereum investment. ... People often buy leveraged tokens without fully understanding how they work.

Can you make money with leveraged tokens?

Leveraged tokens are short-term investment products

If you buy and hold ETH and the price increases over time, you'll make a profit -- no matter what happens to the market on a day-to-day basis.

How do I get leverage tokens?

The easiest way to buy a leveraged token is on its spot market. For instance you can go to the ETHBULL/USD spot market and buy or sell back ETHBULL.