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VeChain 3x Short ETF

VeChain 3x Short ETF VET3S Price N/A

VET3S Price

N/A

General Info

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Description

VET3S is a VeChain 3 times short leverage ETF traded on MXC Exchange

VeChain 3x Short ETF (VET3S) Chart

VeChain 3x Short ETF price Index provides the latest VET3S price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

Additional Data

Listing Date

13 Mar 2020

All Time High

$ 8.18

13 Mar 2020


All Time Low

$ 0.023

29 Dec 2020

What is VeChain 3x Short ETF (VET3S)?

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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