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IOTA 3x Short

IOTA 3x Short IOTA3S Price N/A

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IOTA3S Price

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General Info

Tags (Sub-Categories):

#Inactive

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Description

IOTA3S is a IOTA 3 times short leverage ETF traded on MXC Exchange

IOTA 3x Short (IOTA3S) Chart

IOTA 3x Short price Index provides the latest IOTA3S price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

Additional Data

Listing Date

13 Jul 2020

All Time High

$ 8.64

12 May 2022


All Time Low

$ 0.021

9 Jan 2021

What is IOTA 3x Short (IOTA3S)?

It is a product that tracks the yield rate of underlying assets with 3 times. Using BTC3L as an example, for every 1% BTC goes up in a day, BTC3L goes up 3%; for every 1% BTC goes down, BTC3L goes down 3%.

Leverage ETF is a perpetual product that has no settlement day. Theoretically, its price won''t totally reach zero, so it has no liquidation risks. Traders may buy/sell ETF at the secondary market at any time with no margin.

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