Dear Decoin User,
Decoin introduces our new leverage pairs!
Starting from today you can trade BTC X 3, BTC X -3 and BTC X -1 leverage pairs.BTC X 3, BTC X -3 and BTC X -1 price change reflects the price change of BTC/USDT multiple by 3, -3, -1 respectively. Leverage pairs increase the potential of your P&L.
For example: BTC X -3 leverage pair price change is the BTC/USDT price change multiple by 3.
Movement of -1% in price change on BTC/USDT will be reflected in the BTC X -3 pair as +3% change, and vice versa, +1% will be reflected as -3% change. In order to protect our users capital, all leverage pairs will be expired on every Tuesday at 07:00 AM (UTC) and trading will be halted for 5 minutes. Correspondingly equivalent USDT amount will be distributed to leverage pairs holders based on the last price of the leverage pair before it expires.
After 5 minutes of trading halt phase, the leverage pair will be renewed with a new base price and users will be able to trade it again.
Leverage trading is extremely risky and magnifies the potential profit or loss of each trade