Dear Decoin community,
ETH/USDTX+3, ETH/USDTX-3 price change reflects the price change of ETH/USTD multiple by 3, -3 respectively.
Leverage pairs increase the potential of your P&L.
For example, ETH/USDT X -3 leverage pair price change is the ETH/USDT price change multiple by 3.
Movement of -1% in price change on ETH/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 user's capital, all leverage pairs will be expired every day at 16:00 (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 the 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