BigONE leveraged ETF adds VET, SXP, BAL, KNC, ALGO, COMP 3X leveraged trading pairs

Dear BigONE users:

In order to meet the trading needs of the majority of users, BigONE will be adding VET, SXP, BAL, KNC, ALGO, COMP 3X leveraged trading pairs in the leveraged ETF trading area on 10 September 2021 15:00 (GMT+8). The specific opening details are as follows:

CURRENCY	3X LONG	3X SHORT
VET	VET3L	VET3S
SXP	SXP3L	SXP3S
BAL	BAL3L	BAL3S
KNC	KNC3L	KNC3S
ALGO	ALGO3L	ALGO3S
COMP	COMP3L	COMP3S

【Product Introduction】

Leveraged ETF products are a type of financial derivative that are very popular in the traditional financial market. 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) decreases by 3%. Users can achieve the effect of leveraged transactions on target assets without paying for collateralized assets

Leveraged ETF Entrance: https://www.bigone.com/cn/trade/FLM3L-USDT

Leveraged ETF Product FAQ: https://support.bigone.com/hc/zh-cn/articles/900002710806

If you have any suggestions about leveraged ETFs, please contact us: https://jinshuju.net/f/XONJJZ

【Tips】

• BigONE leveraged ETF product fees are in a tiered form, with a basic fee of 0.2%. The higher the user’s currency score, the higher the VIP level, and the lower the transaction fee rate;
• BigONE leveraged ETF products will charge a 0.1% management fee, which includes all costs, including contract market handling fees and funding rates, as well as loss of open market spreads;
• The management fee will be reflected in the change of net worth and will only be charged at 00:00 (UTC+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, and your own risk tolerance, prudently decide whether to participate in the transaction and reasonably allocate your assets.

BigONE, more than just asset security.

Regards,

BigONE Team

10 September 2021