FTX Leveraged Tokens: What are They and How do They Work?

Trading cryptos take several forms depending on the level of experience and the knowledge or skill possessed by a trader. One such form of trading cryptos is leveraged tokens. Leveraged tokens are quite similar to ERC20 tokens in that they can be held, transferred, or traded to any other token. The major distinguishable feature of leveraged tokens is that they offer leveraged exposure to crypto assets without having to worry about collateral, margin, liquidation prices, or any other issue encountered…