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# How to activate Binance leverage tokens on Kryll (BTCUP / BTCDOWN)
- URL: https://blog.kryll.io/how-to-activate-leverage-tokens-binance/
- Published: 2020-05-10T08:21:00.000Z
- Updated: 2022-02-14T09:29:51.000Z
- Author: Kryll.io
- Tags: #Import 2026-11-03 15:02

Leverage tokens (**BTCUP** & **BTCDOWN**) are available on [**Binance**](https://www.binance.com/en/register?ref=B0OYM38N) **spot trading** and therefore also on **Kryll** platform. However you must accept the disclaimer on Binance to activate these pairs in order to trade with them on Kryll.

Edit : ETHUP & ETHDOWN are now listed.

**Here's how to do :**

### 1) Go to [Binance](https://www.binance.com/en/register?ref=B0OYM38N) website and go to Spot menu then "Advanced".

![](https://blog.kryll.io/content/images/2020/05/ETF1-1.png)

### 2) Go to "ETF" section on the left and click on any leverage pair (BTCUP/USDT or BTCDOWN/USDT).

![](https://blog.kryll.io/content/images/2020/05/ETF2.png)

### 3) A "Risk Disclaimer" window will appear. Accept the terms and click on confirm.

![](https://blog.kryll.io/content/images/2020/05/Capture-d--cran-2020-05-14---14.37.26.png)

**That's it. You can now go back to** [**Kryll**](https://platform.kryll.io/?ref=blog.kryll.io) **and trade on Binance BLVT leverage pairs (in spot trading only).**

### Note : If you don't accept the terms you strategy will stop at the first trade attempt with the following error : ❌ Error : binance {"code":-2010,"msg":"This action disabled is on this account."}  

More info on **Binance Leverage Tokens** (BLVT) [can be found here](https://binance.zendesk.com/hc/en-us/articles/360043016272-Binance-Launches-Binance-Leveraged-Tokens-BLVT-and-Will-List-BTCUP-and-BTCDOWN?ref=blog.kryll.io).  

- **BTCUP -** allows you to generate leveraged gains when Bitcoin increases in price.
- **BTCDOWN -** allows you to generate leveraged gains when Bitcoin decreases in price.
- **Leverage:** Binance Leveraged Tokens do not maintain constant leverage. Instead, Binance Leveraged Tokens maintain a constant target leveraged range between 1.5x and 3x. Since Binance Leveraged Tokens are not forced to maintain a set degree of leverage, Binance Leveraged Tokens rebalance on an as-needed basis, such as during extreme market movements.

**Happy leveraged trading!**

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