Gate.io Leveraged Token Celebrate Official Twitter Launch !!!
Founded in 2013, Gate.io has strived to provide its users with the best trading experience in the last 8 years. In terms of trading volume, Gate.io is one of the top 10 crypto exchanges in the world listing crypto assets that are great in quality and have a high rate of return.
At Gate.io, the exchange often does giveaways to its users who had completed KYC verification to participate and win a great prize!.
Leveraged tokens are similar to ETF products in traditional finance. They track the Price Change of a given target asset, and the Price Change are approximately several times that of the underlying asset market. The only difference between it and traditional tokens is that leveraged tokens have leverage properties.
All leveraged tokens have corresponding tokens and trading pairs in the ETF market, and there is no need for any margin balance. Buying and Selling of the corresponding tokens allow you to obtain automatic leveraged trading.
The ETF price is not 3 times the indicator’s token price, but is determined by the net value of the perpetual contract hedge.
The cryptocurrency market is volatile. 3X and 5X leveraged ETF products will increase price volatility and bring greater risks of loss. Please be sure to understand the risks in detail and trade wisely. Because of regular and irregular position adjustments, the rise and fall over a certain period of time is not always the targetted leverage. ETF products are hedged through perpetual contracts. If profits are made, positions will be opened; if there are losses, positions will be reduced. ETF products follow up the profit and loss and adjust the leverage back to the targeted leverage on a daily basis. Friction costs can be quite considerable in a fluctuating market. Due to the position adjustment mechanism and position holding costs, leveraged ETF products are not a good long-term investment. Large prices fluctuations and high risks are characteristics of ETF products. Please invest carefully.
Project Name: Gate.io Leveraged Token
📅 End Date: 21–05–2022
📈 Total Pool: $10,000
🎁 Prize:🏆 Increase by Followers Milestones $500- $10,000
🎉 Winner: Participate to Win
Follow these steps below to complete all entries:
🙌 New Airdrop users can follow our guide to avoiding disqualification from Gleam “Five Common Mistakes That Make You Disqualify From Airdrop Giveaway ”
📣 Are you ready for our first giveaway contest to celebrate our Airdrop community growth exponentially? Join us for a chance to win valuable prize!
📌 Follow Airdrop Daily- D5 Crypto on Telegram for more daily airdrop contents
⚠️ Warning: The Airdrop is completely free to join, participant doesn’t have to purchase any token in real monetary value to join!
⚠️The new invited users should verify their KYC.