Sky.io Launches 3x-leveraged ETFs of BTC, BCH, LTC, EOS, XTZ, ETH and EOS with 0% Fees
Sky.io is happy to provide its users with 3X-long (-3L) and 3X-short (-3S) ETFs of multiple mainstream cryptocurrencies that are provided with strict funds management and are hedged for margin trading in the Perpetual Contract market. The leverage rate is corrected daily to remain leveraged at 3X through the rebalancing of the ETFs; users can easily trade on margin without paying any collateral.
ETF products are governed as hedge funds in the Perpetual Contract market, which requires a bit of daily management fees to cover the costs of the handling fees and market quotations arisen in the contract market. As an introductory offer, Sky.io will be offering all the customer the option to trade ETF with 0% daily management fees.
For web users:
Risk warning: please note that prices fluctuate greatly in the cryptocurrency market, which means that 3x-leveraged ETF products bring greater risks. Users should be aware of the market risks and proceed with investments cautiously.
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