Crypto asset trades emerge one after one other, and leveraged ETFs have gotten the following star product after futures. MEXC, the cryptocurrency change with the best futures buying and selling liquidity on the Web, takes the lead once more within the cryptocurrency market with leveraged ETFs.
Evaluating the leveraged ETF depth indicators of buying and selling platforms akin to Binance, MEXC, Kucoin, Gate, and Huobi, and analyzing their leveraged ETF transactions of mainstream cryptocurrencies with the best market cap, it’s discovered that the highest three platforms in depth efficiency are MEXC, Binance, and Kucoin. The information exhibits that when it comes to the buying and selling depth of BTC 3L, ETH 3L, LTC 3L, and EOS 3L, MEXC ranks first within the side of liquidity.
Taking BTC 3L for instance, the depth of 1% on MEXC is 14,403,439USDT; The depth of 1% on Binance, which ranks second, is 87,359.56USDT; And the depth of 1% on Kucoin, which ranks third, is just 48,479.6USDT. At this depth, MEXC has surpassed the sum of Binance and Kucoin, and the hole tends to widen.
Evaluating ETH, LTC, EOS and different mainstream cryptocurrencies, it can be seen that MEXC’s leveraged ETF buying and selling has the very best liquidity, and the depth of different buying and selling platforms is far decrease than MEXC. In the meantime, in response to cryptorank information, Binance’s 24-hour leveraged ETF buying and selling quantity was $23.67 million USD, accounting for 63.5% of the market; MEXC’s 24-hour leveraged ETF buying and selling quantity was $9.25 million USD, with a market share of 24.8%, rating second.
The leveraged ETF was first launched by MEXC in November 2019. It’s a perpetual leveraged product that magnifies the value change of the benchmarked asset, aiming to supply leveraged returns on the benchmarked perpetual futures. It may be understood as an exchange-traded fund with leverage multiples.
The buying and selling guidelines of leveraged ETF merchandise are so simple as these of spot merchandise. It isn’t mandatory to make use of a part of the margin to occupy positions like futures. On the identical time, it may obtain a number of good points and returns like futures, so it’s favored by some buyers with low danger urge for food.
At current, every token on MEXC helps leveraged ETF buying and selling of 3x lengthy (3L) and 3x brief (3S), and a few mainstream cryptocurrencies additionally help 2x, 4x, or 5x leverage and the danger is controllable. For instance, while you wish to go 3x lengthy for BTC, you solely want to purchase BTC3L/USDT; Whenever you wish to go 3x brief for BTC, you solely want to purchase BTC3S/USDT; And while you wish to clear the place, you solely must promote the corresponding place. Leveraged ETFs don’t use margins to occupy positions and should not have liquidation guidelines, so there isn’t a want to fret concerning the danger of liquidation.
Leveraged ETFs have a rebalance mechanism, and the compound curiosity impact is apparent. Within the steady rising/falling market, the day by day revenue will probably be mechanically transferred to the place and reinvested to appreciate compound curiosity, and the revenue will probably be increased than that of margin or futures merchandise of the identical a number of. At current, MEXC helps leveraged ETF buying and selling of greater than 300 cryptocurrencies akin to BTC, ETH, DOT, ATOM, SHIB, DOGE, AAVE, CRV, and many others. It supplies probably the most cryptocurrencies on the Web, permitting merchants to have totally different decisions in several traits or unilateral market situations.
MEXC is the world’s main cryptocurrency buying and selling platform, offering one-stop cryptocurrency buying and selling companies for spot, ETF, futures, Staking, NFT Index, and many others.,and serving greater than 10 million customers worldwide. The core workforce has a stable background in conventional finance, and has skilled monetary product logic and technical safety ensures when it comes to cryptocurrency services and products. In October 2021, MEXC International gained the title of “Greatest Cryptocurrency Alternate in Asia”. At present, it helps the buying and selling of greater than 1,500 cryptocurrency, and is the buying and selling platform with the quickest launch pace for brand spanking new initiatives and probably the most tradable classes. Go to the web site and weblog for extra data, and observe MEXC International and M-Ventures & Labs.
Firm Title: MEXC
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