Coin Price 24h %

Gate.io Has Added OKB and HT Leveraged ETFs

2020-10-19 18:49:23Read:20767

Gate.io has added the following OKB and HT ETFs, OKB3L and OKB3S, HT3L and HT3S. 3L is a long position while 3S is a short position, which tracks the price change range of underlying asset and changes about 3 times that of the underlying asset spot market.

Trade OKB3L at https://www.gate.io/trade/OKB3L_USDT
Trade OKB3S at https://www.gate.io/trade/OKB3S_USDT
Trade HT3L at https://www.gate.io/trade/HT3L_USDT
Trade HT3S at https://www.gate.io/trade/HT3S_USDT



Risk Warning:
Digital currency prices are susceptible to high volatility, which is even more tangible for 3X leveraged ETF products. Therefore there is a risk to suffer amplified loss. Please fully understand the product and risks involved before trading. Furthermore, the change of an ETF product is not always about 3 times the change of the underlying asset over a certain time span as the result of scheduled or irregular re-balancing. An ETF product is hedged in a perpetual contract market, the profit will expand the position and the loss will decrease the position. The product rebalances every day to back to 3 times leverage, which will incur greater friction at a swinging market. Due to the rebalancing mechanism and the holding cost, the ETF is not suitable for long term holding. It has greater fluctuation and higher risk. Please be cautious. For more details, please read instructions about Leveraged ETFs at our Help Center.

Gate.io Team
October 19th, 2020

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