What is BNBDOWN and the other exchanged assets that are named alike (UP/DOWN)

[hunter_garl]

I would like to ask because I can't seem fight a good explanation about it.

What is BNBDOWN and other exchange assets that are named alike

I saw before SUSHIUP/SUSHIDOWN

Why are those being exchanged?

I would like to know if anyone can explain it to me, a newbie.

[CryptoboyRamesh]

Those are leveraged tokens, not the real coin you won't be able to withdraw those tokens you can only trade them inside the exchange.
If you are trading on Binance you can find them on Binance future.

If you want to learn about this it would be better read the whole guide from this link below

- https://academy.binance.com/en/articles/a-beginners-guide-to-binance-leveraged-tokens-blvt