Dear BigONE users,
In order to meet the trading needs from the majority of users, BigONE has added the 3X long and short trading pairs for ICP（DFINITY）in the leveraged ETF trading area. The specific details are as follows:
| Coin | 3XL | 3XS |
| ICP | ICP3L | ICP3S |
【Product Introduction】
Leveraged ETF products are a type of financial derivatives 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.
To Leveraged ETF Trading:https://www.bigonechina.com/en/trade/BTC3L-USDT
Leveraged ETF Product FAQ：https://support.bigonechina.com/hc/en-us/articles/900002710806
【Tips】
- BigONE leveraged ETF product handling fees are in a tiered form, with a basic handling fee of 0.2%. The higher the user’s BigONE 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 net value change and will only be charged daily at 12:00am (GMT+8). If you do not hold the product at that time, there will be no cost.
【Risk Reminder】
- 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.
Best,
BigONE Team
May 11, 2021
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