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Monero 3x Long ETF

Monero 3x Long ETF XMR3LPrice N/A

XMR3L Price

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Description

XMR3L is a Monero 3 times long leverage ETF traded on MXC Exchange

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What is Monero 3x Long ETF (XMR3L)?

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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