Q：How to calculate the Gains & Losses?
A: Please refer to below chart. In situation where intra-day position adjustment occur, the changes may not equate to 3 times the value of underlying asset.
Q: What is the underlying digital asset used on the Leveraged ETF product?
Q: What currency can I use to trade Leveraged ETF?
A: It depends on the specific trading pair. The current Leveraged ETF listed on UKEX Global was BTC3L/USDT and BTC3S/USDT, therefore USDT will be the based currency used in trading BTC3L and BTC3S.
Q: Is there a unique symbol for ETF Leveraged products?
A: BTC 3x Leverage Long, in short BTC3L. BTC 3x Short, in short BTC3S.
Q：Will liquidation occur for leveraged ETF products? Is margin needed for leveraged ETF products?
A：There is no liquidation as the trading position will be adjusteddaily at fixed time intervals or when the leverage is greater than the threshold limits of 4x.
Q：Why leveraged ETF productsdoes not have liquidation?
A：The net value of underlying asset will change when during daily adjustment or the intra-day position adjustment. As such, there will be no liquidation except fall in asset value due to high volatility market conditions.
Q：What are the trading fees for leveraged ETF tokens?
A： There are trading fee and position management fee.
Trading fee: ：taker :0.15%，maker: 0.08%
A 0.03% position management fee will be charged for overnight positions. This fee will be deducted from the net value of ETF tokens during daily trading book adjustment at UTC 00:00:00.
Leveraged Tokens are high risk products. Only trade them if you understand how they work. They might gain or lose large amounts of their value in a day.