What is a leveraged tokens?
Leveraged tokens is a kind of financial derivative. It is a trading product that tracks the increase/decrease amount of the underlying asset(such as BTC) with certain times (such as 3 times, 5 times, or -3 times, -5 times). If the BTC price increases by 1%, the corresponding 3x and 5x leveraged tokens products will increase by 3% and 5%; while the corresponding -3x and -5x products will fall by -3% and -5%.
Leveraged tokens products have the following unique characteristics:
No margin required and no risk of liquidation (risk warning: if the direction is wrong, there will be a risk that the price will approach zero in extreme conditions). For investors who don't have much time to keep an eye on the market, buying leveraged tokens products can save a lot of time and energy.
The naming rules of leveraged tokens products?
BTC3L stands for 3x leverage long for BTC, while BTC3S stands for 3x leverage short for BTC.
How To Start Trading:
1. Open the website, click on [Derivatives] after logging in, and select [ETF]
2. Please click here to read the leveraged tokens product description：Leveraged Tokens Product FAQ ,click [ I Iagree]
3. Select any leveraged tokens trading pair on the left to trade
4.Enter the price of the order, click [Limit order], or choose the way you want to trade the order
5.Order confirmed，After the order is successfully placed, the completed order will be displayed below
6. If you want to sell the leveraged token, choose [Limit order] and enter [Price], enter [Amount] or slide the button below, and click [sell]
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