Q:How to calculate the Gains & Losses?
A: Please refer to below chart. In situation where intra-day position adjustment occur, the changes may not equate to 3 times the value of underlying asset.
Q: What is the underlying digital asset used on the Leveraged ETF product?
A: BTC.
Q: What currency can I use to trade Leveraged ETF?
A: It depends on the specific trading pair. The current Leveraged ETF listed on HBTC was BTC3L/USDT and BTC3S/USDT, therefore USDT will be the based currency used in trading BTC3L and BTC3S.
Q: Is there a unique symbol for ETF Leveraged products?
A: BTC 3x Leverage Long, in short BTC3L. BTC 3x Short, in short BTC3S.
Q:Will liquidation occur for leveraged ETF products? Is margin needed for leveraged ETF products?
A:There is no liquidation as the trading position will be adjusteddaily at fixed time intervals or when the leverage is greater than the threshold limits of 4x.
Q:Why leveraged ETF productsdoes not have liquidation?
A:The net value of underlying asset will change when during daily adjustment or the intra-day position adjustment. As such, there will be no liquidation except fall in asset value due to high volatility market conditions.
Q:What are the trading fees for leveraged ETF tokens?
A: There are trading fee and position management fee.
Trading fee: :taker :0.15%,maker: 0.08%
A 0.03% position management fee will be charged for overnight positions. This fee will be deducted from the net value of ETF tokens during daily trading book adjustment at UTC 00:00:00.
Note:
Leveraged Tokens are high risk products. Only trade them if you understand how they work. They might gain or lose large amounts of their value in a day.
Risk Disclaimer
Digital Asset Trading can be a challenging and potentially profitable opportunity for investors. Users are strongly encouraged to carefully consider their investment objectives, level of experience, and risk appetite.