DigiFinex will launch ETF trading pairs, XLM3L/USDT and XLM3S/USDT at 11:00 (GMT+8) on October 22th, 2021.
Leveraged ETFs are free of margin, free of management fees, and have multiplied returns.
Example of leveraged ETF trading
User D is long on BTC in the near future, and he puts out 10,000 USDT to trade BTC3L (Bitcoin triples long). After a period of time, BTC will rise by 10%, leveraged ETF will rise by 90%, and finally the assets of D will rise from 10,000 US DT to 13,000 USDT. The income increases by 3 times. If the ETF is not traded by leverage, the assets of D will only increase to 11,000 USDT.
User D is short on BTC recently and took out 10000 USD on limit transaction of BTC3S (Bitcoin triple short). After a period of time, BTC will fall by 10%, and leveraged ETF will rise by 90%. D’s assets will increase to 13,000 USDT. If D do not trade through leveraged ETFs, the assets of D will only increase to 11,000 USDT.
If after D buys ETF and BTC, the market moves in the reverse direction, D will lose by 3 times, but the rebalancing mechanism will protect D from liquidation. Through the dynamic balance of the investment portfolio, immediate increases and decreases of positions can be conducted for risk control.
(Risk warning: If the direction judgment is wrong, there will be a risk of the price approaching zero under extreme market conditions.)
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October 20th, 2021
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