Dear BigONE users:
As a way to accommodate the needs of the majority of users, BigONE has added AXS and TLM 3x long-short leveraged trading pairs to its leveraged ETF trading area. Following are the details of the specific opening:
PROJECT | 3X LONG | 3X SHORT |
AXS | AXS3L | AXS3S |
TLM | TLM3L | TLM3S |
At the same time, we will be introducing the trading event to share $10,000 rewards! Event details are as follows:
Event time:
27 July 2021, 15:00 - 2 August 2021, 15:00 (GMT+8)
Event content:
- Users who participate in AXS or TLM leveraged ETF transactions, and whose transaction volume is greater than 200 USDT, will be eligible to share $10,000 worth of AXS3L or TLM3L according to transaction volume.
- Users who participate in AXS or TLM leveraged ETF transactions and are first-time users of BigONE leveraged ETF transactions will receive AXS3L or TLM3L worth $5 each.
Rewards distribution:
Users will receive AXS3L or TLM3L rewards based on their AXS or TLM leveraged ETF transaction volume during the event period. The following is an example:
User A's total AXS and TLM leveraged ETF trading volume during the event period is 2,000 USDT, of which AXS trading volume is 1,500 USDT, accounting for 75%; TLM trading volume is 500 USDT, accounting for 25%, and he will be rewarded with AXS3L.
User B's total trading volume of AXS and TLM leveraged ETFs during the event period is 1,000 USDT, of which AXS trading volume is 0 and TLM trading volume is 1,000 USDT, and he will receive TLM3L rewards.
In the event the leveraged ETF trading volume in AXS and TLM is the same, you will receive a total reward of 50% AXS3L and 50% of the TLM3L.
[ Reminder ]
- Trading volume = Buying volume + Selling volume;
- In the event’s content point 2, users who use BigONE leveraged ETF transactions for the first time include users who have activated leveraged ETF transactions before the event but have not conducted leveraged ETF transactions;
- Rewards will be issued within 7 working days after the event ends;
- BigONE reserves the final interpretation rights and cheating is strictly prohibited, such as multiple-swiping. A discovered violation will be grounds for the cancellation of BigONE's participation eligibility.
[ ETF Introduction ]
Leveraged ETF products are a type of financial derivative that is very popular in traditional financial markets. They are products that get 3 times profit or loss through 3 times longer or 3 times short digital assets. The product's rise and fall are three times the rise and fall of its underlying asset. For example, for every 1% increase in BTC, BTC3L (3 times long BTC) increases by 3%, and BTC3S (3 times short BTC) drops by 3%. Users can achieve the effect of leveraged transactions on target assets without paying for collateral assets
Leveraged ETF trading experience entrance: https://www.bigone.com/cn/trade/BTC3L-USDT
Leveraged ETF product FAQ: https://bigone.zendesk.com/hc/en-us/articles/900002710806
If you have any suggestions about leveraged ETFs, please fill out the form to tell us: https://jinshuju.net/f/XONJJZ
[ Tips ]
- BigONE leveraged ETF product fees are in a tiered form starting from 0.2%. The higher the VIP level, the lower the transaction fee rate;
- BigONE leveraged ETF products will charge a 0.1% management fee, which includes all costs like contract market handling fees and funding rates, as well as loss of open market spreads;
- The management fee will be reflected in the change in net value and will only be charged at 00:00 (GMT+8) every day. If you do not hold the product at that time, no fee will be incurred.
[ Risk warning ]
- The cryptocurrency market is volatile, and triple-leveraged ETF products will have price fluctuations. Please be sure to read the leveraged ETF product documentation for understanding and participate carefully;
- BigONE does not endorse prices or guarantee projects for any projects. Please consider all factors such as project popularity, market trends for your risk tolerance, and prudently decide whether to participate in the transaction and allocate your assets reasonably.
BigONE, more than just asset security.
Regards,
BigONE Team
27 July 2021
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