$COAI3L The price of coai has to rise to $35 for me to break even on a $102 investment. That's if 3L actually returns 3x as it should. I will have wait to see what happens. 🤷 I couldn't sell the 90 cents worth if I wanted to anyway.
$COAI3L can anyone tell me if the price of COAI3L and COAI3S is directly related to the price of COAI. Or is the price of 3L and 3S determined by trading volume of each coin separately? I'm confused by the variation in pricing.
Dear user, ETF leveraged token products are similar to traditional financial ETF products. When trading ETF leveraged tokens, no margin is required; you can simply buy and sell tokens to achieve leveraged trading. The net asset value (NAV) of ETF leveraged tokens will fluctuate in accordance with the underlying asset, with gains and losses amplified by 3x or 5x. You can copy the link: https://www.gateex.cc/zh/help/trade/leverage_tokens to see more details~
$COAI3L just asking, do you think they ran out of money? I don't understand what's going on. These ETFs seem dangerous for everyone including the exchange.
$COAI3L I urge everyone to read the overview at the top of the page! It explains exactly how this system works. It also tells you why the rate isn't exactly 3x at any given time. with rules like this you can't win. They are the house. No one beats the house. They win, I'm out!
$COAI3L can only rise when COAI rises. coai3s can only rise when COAI falls. You can't expect 3L to rise when the main coin COAI is falling. At times the rate of rise or fall does not seem to match, but that is how it works.