Gate.io
has added the following YFI and YFII ETFs, YFI 3L and YFI 3S, YFII 3L
and YFII 3S. 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
YFI3L at https://www.gate.io/trade/YFI3L_USDT
Trade
YFI3S at https://www.gate.io/trade/YFI3S_USDT
Trade
YFII3L at https://www.gate.io/trade/YFII3L_USDT
Trade
YFII3S at https://www.gate.io/trade/YFII3S_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 21st,
2020
Get 30% of all referees' trading fees in the
affiliate program at https://www.gate.io/myaccount/myreferrals
Click to Sign up ：https://www.gate.io/m#/register
Download
it now at: https://www.gate.io/mobileapp
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