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VeChain 3x Long ETF

VeChain 3x Long ETF VET3L Price N/A

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VET3L Price

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General Info

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Description

VET3L is a VeChain 3 times long leverage ETF traded on MXC Exchange

VeChain 3x Long ETF (VET3L) Chart

The VeChain 3x Long ETF to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

Additional Data

Listing Date

13 Mar 2020

All Time High

$ 35.90

8 Jul 2020


All Time Low

$ 0.0243

19 May 2021

VeChain 3x Long ETF Price Analysis

What is VeChain 3x Long ETF (VET3L)?

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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