BULL
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BULL

3X Long Bitcoin Token
Crypto
Coin
Token
Website https://ftx.com/tokens/BULL
Browser
OTH RELPs
White Paper
BULL Avg Price
0.00%
1D

$ 0.00 USD

$ 0.00 USD

Market Cap

$ 0.00 0.00 USD

$ 0.00 USD

24h trading volume

$ 0.00 USD

$ 0.00 USD

7d Vol

$ 0.00 USD

$ 0.00 USD

Circulating supply

0.00 0.00 BULL

3X Long Bitcoin Token-related information

Issue Time

2000-01-01

Platform pertained to

--

Current coin price

0.00

Market Cap

$0.00USD

Volume of Transaction

24h

$0.00USD

Circulating supply

0.00BULL

Volume of Transaction

7d

$0.00USD

Change

24h

0.00%

Number of Markets

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Current Rate0

Available

0.00USD

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WikiBit Risk Alerts

1
Previous Detection 2024-12-21

WikiBit has marked the token as air coin project for we have received overwhelming complaints that this token is a Ponzi Scheme. Please be aware of the risk!

BULL Price Chart

3X Long Bitcoin Token introduction

Markets

3H

0.00%

1D

0.00%

1W

0.00%

1M

0.00%

1Y

0.00%

All

0.00%

No data

Note: BULLs official site - https://ftx.com/tokens/BULL is currently not functional. Therefore, we could only gather relevant information from the Internet to present a rough picture of this token.

Short nameBULL
Full name3X Long Bitcoin Token
Support exchangesCoinCodex、CryptoSlate、Crypto Exchange
Storage WalletMetamask, Trust Wallet,Trezor
Customer ServiceFTX Support,Crypto Forums and Communities

Overview of 3X Long Bitcoin Token (BULL)

BULL, a 3X Long Bitcoin Token, offers leveraged exposure to Bitcoin's price movements. Supported on platforms like CoinCodex and CryptoSlate, BULL can be stored in popular wallets like Metamask and Trezor. While FTX provides some support, further assistance may require consulting crypto forums and communities.

Overview of 3X Long Bitcoin Token (BULL)

Pros and Cons

ProsCons
  • Amplified Gains
  • Amplified Losses
  • Simple Investment
  • High Volatility
  • Potentially Lower Fees
  • Potential Inaccessibility
  • Management Complexity

Pros:

  • Amplified Gains: BULL offers the potential for significantly larger profits compared to directly holding Bitcoin, if Bitcoin's price increases.
  • Simple Investment: BULL provides a straightforward way to gain leveraged exposure to Bitcoin without managing complex margin positions.
  • Potentially Lower Fees: BULL might have lower fees compared to margin trading on some exchanges.

Cons:

  • Amplified Losses: BULL also amplifies losses if Bitcoin's price decreases. A small price drop in Bitcoin could lead to a significant decline in BULL's value.
  • High Volatility: BULL's price is inherently more volatile than Bitcoin, leading to potentially larger swings and increased risk.
  • Potential Inaccessibility: Depending on regulations and exchange listings, BULL might not be available on all platforms.
  • Management Complexity: While simpler than margin trading, BULL still requires understanding of leveraged products and their risks.

What Makes 3X Long Bitcoin Token (BULL) Unique?

The T3X Long Bitcoin Token (BULL) stands out due to its innovative approach of offering investors the ability to gain leveraged exposure to the price of Bitcoin. Unlike traditional cryptocurrencies, BULL is designed to amplify returns based on the daily performance of Bitcoin by a factor of 3x. This unique feature enables investors to potentially magnify their gains or losses, distinguishing BULL as a high-risk, high-reward investment instrument within the digital asset space.

How does 3X Long Bitcoin Token (BULL) Work?

The 3X Long Bitcoin Token (BULL) operates by using leverage to amplify the daily returns of Bitcoin by a factor of 3x. This means that for every 1% increase in the price of Bitcoin, BULL aims to provide a 3% increase, and vice versa for decreases. By utilizing derivatives and rebalancing mechanisms, BULL seeks to achieve its objective of tripling the daily performance of Bitcoin, offering investors a way to potentially magnify gains or losses based on the cryptocurrency's price movement.

Market & Price

Based on the screenshot, the 3X Long Bitcoin Token (BULL) is currently priced at $8.04. There is not enough information to determine market trends or predict future prices. The image does not show any price history or trading volume. However, it does indicate that BULL can be traded on an exchange and held in a digital wallet.

Market & Price

Exchanges to Buy 3X Long Bitcoin Token (BULL)

The image displays a trading chart and order book for the ASD/USDT pair on the AscendEX exchange. It highlights key trading information, including the current price of 0.04476 USDT, a 24-hour change of +1.94%, and a 24-hour trading volume of 27.602 million ASD. Despite the detailed data on AscendEX for ASD/USDT, there is no direct reference to the 3X Long Bitcoin Token (BULL) in this image. For trading BULL, it is recommended to check exchanges like Bittrex, as shown in the previous image.

Exchanges to Buy 3X Long Bitcoin Token (BULL)

How to Store 3X Long Bitcoin Token (BULL)?

3X Long Bitcoin Token (BULL)can be stored in both Metamask 、WalletConnectand Trust Wallet.

  • Metamask: A popular, user-friendly digital wallet extension for web browsers that allows you to store, manage, and trade various cryptocurrencies, including potentially BULL tokens (depending on exchange support).
  • WalletConnect: A bridge that enables communication between your crypto wallet and various decentralized applications (dApps). If BULL is available on a dApp that supports WalletConnect, you can use it to store and interact with your BULL tokens without needing to provide your private keys to the dApp.
  • SafePal: A hardware wallet that offers secure offline storage for your BULL tokens. It provides an extra layer of security compared to software wallets like Metamask by keeping your private keys isolated from any internet-connected devices.

Is It Safe?

The safety of 3X Long Bitcoin Token (BULL) depends on two main factors: inherent risks and storage methods. BULL itself carries inherent risks due to its leveraged nature. Its price movements are amplified compared to Bitcoin, leading to potentially larger gains but also steeper losses.

For storage safety, BULL can be secured using reputable digital wallets (like Metamask) or hardware wallets (like SafePal). However, overall security depends on how you manage your wallet and private keys.

Conclusion

The 3X Long Bitcoin Token (BULL) offers amplified exposure to Bitcoin's price movements, aiming for 3x the daily return. This high-risk, high-reward investment appeals to traders seeking magnified gains but comes with the potential for significant losses. BULL can be stored in various wallets, but security relies heavily on proper private key management.

Frequently Asked Questions

What is BULL?

BULL is a 3X Long Bitcoin Token, meaning its price aims to move three times as much as Bitcoin's price in a single day. This offers leveraged exposure to Bitcoin, allowing for potentially larger gains but also amplified losses.

Where can I buy BULL?

Information about current trading platforms for BULL is inconclusive. While the provided information mentions “Bittrex,” it's advisable to check directly with the exchange or consult resources like CoinCodex to confirm availability.

Where can I store BULL?

BULL can potentially be stored in various digital wallets, including popular options like Metamask and secure hardware wallets like SafePal. Remember, the security of your BULL tokens ultimately depends on your chosen wallet and how you manage your private keys.

Is BULL safe?

The safety of BULL comes from two aspects:

Inherent Risk: BULL's leveraged nature amplifies price movements, increasing potential gains but also magnifying potential losses.

Storage Security: Storing BULL in reputable wallets (like Metamask or SafePal) helps secure your tokens, but overall security relies on how you manage your wallet and private keys.

How do I learn more about BULL?

While the provided information offers a starting point, further research is recommended. Explore resources like CoinCodex and Crypto forums for in-depth information and discussions about BULL.

Disclaimer: This information is for educational purposes only and should not be considered financial advice. Always conduct your own research before making any investment decisions.

Risk Warning

The 3X Long Bitcoin Token (BULL) carries significant risk. Its leveraged structure amplifies Bitcoin's price movements, resulting in potentially magnified gains but also steeper losses. BULL is suited for experienced investors comfortable with high-risk, high-reward scenarios.

3X Long Bitcoin Token User Reviews

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13 ratings

Participate in evaluation
Hendra Sujono
The consensus mechanism used by BULL Technology lacks transparency and efficiency, limiting its practical application and market demand. The team's reputation and experience are questionable, raising concerns about the project's long-term viability. Furthermore, the token economy and security aspects are also areas of concern, making it hard to compete with similar projects in the market. Overall, the community sentiment towards BULL Technology remains lukewarm, reflecting the project's volatile and risky nature.
2024-07-03 08:48
0
Sokha Chenda
The consensus mechanism of BULL Technology lacks innovation and fails to address scalability issues. It falls short in ensuring anonymity and security, which raises concerns among the community.
2024-05-24 13:17
0
Jenk Za
I think the current regulatory environment is quite challenging for this cryptocurrency. It's like navigating a maze blindfolded - uncertain and risky.
2024-03-20 23:04
0
Angga Agus Nurdiansyah
The project has potential in terms of technology and team, but lacks adoption and community engagement. Security and regulatory risks are concerns, impacting long-term viability.
2024-06-17 15:15
0
Phuc Hoang
The project shows promise in standing out from its competitors, with unique selling points and potential for long-term growth.
2024-06-11 12:25
0
Her Manto
The project shows promise in addressing market needs with its innovative approach, but faces challenges in terms of competition and community engagement. Further development and transparency are key to gaining wider acceptance and adoption.
2024-04-08 13:07
0
Tengku Ghazali
The content on BULL Bonus is engaging and informative, offering valuable insights and potential rewards. It's worth exploring for those seeking investment opportunities in the crypto space.
2024-07-03 10:13
0
Sokha Chenda
BULL Bonus liquidity content is impressive with its interactive features, strong community support, and potential for long-term growth.
2024-07-02 11:41
0
Visal
Exciting potential for growth, strong team reputation, active developer community, and transparent tokenomics. The market demand and user adoption are impressive, with a focus on security and sustainable economics. Exciting times ahead!
2024-04-07 07:42
0
Brendan
The team behind this cryptocurrency has a solid track record, with a focus on transparency and proven expertise in the field. They have successfully built a strong community and have a clear understanding of market demand. The tokenomics model is well-designed, ensuring sustainable economic growth and widespread adoption. With a focus on security and compliance, this project has the potential to stand out in a competitive market and thrive in the long term.
2024-07-13 13:45
0
Donita Kuu
- "Impressive technology, solid team, and strong community engagement make BULL Tokenomics a promising player in the crypto space." - "From innovative consensus mechanisms to practical utility, BULL Tokenomics has the potential to revolutionize the market." - "With a transparent team, robust security, and a focus on economic sustainability, BULL Tokenomics stands out among its competitors." - "The growing user base and increasing merchant acceptance signify a bright future for BULL Tokenomics in the ever-changing crypto landscape." - "Despite regulatory challenges, BULL Tokenomics continues to thrive with its market-leading solutions and dedicated community support.
2024-05-26 10:52
0
Hamsani Zakariah
Exciting potential in solving real-world problems with innovative technology and strong community support. Promising team, secure platform, and competitive edge set BULL apart in the market.
2024-04-15 15:24
0
Ngan Pham
Great technology with strong scalability and anonymity. The team's reputation and track record are impressive. The tokenomics and security measures are top-notch. Exciting potential in solving real-world problems and meeting market demand. Active community involvement and solid developer support. Volatile, but promising long-term growth potential. Exciting project with a bright future ahead.
2024-03-01 11:41
0

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