Dear XTers,
To fully meet the diverse trading needs of our users, XT will add multiple ETF trading pairs in the ETF zone at 06:00 on July 31, 2024 (UTC). Details are as follows:
| Underlying Token | 5x Buy (long) | 5x Sell (short) |
| Bitcoin | BTC5L | BTC5S |
| Ethereum | ETH5L | ETH5S |
* ETF (Exchange Traded Fund) is an open-end fund listed and traded on an exchange with variable fund shares. It is a financial derivative that has developed very maturely. Based on the premise of the underlying currency (such as BTC), it is a trading product that tracks the daily return rate of the current asset by a certain multiple (e.g., 3x). For instance, if the anchoring currency is BTC, when the price of BTC rises by 1%, the net value of the corresponding 3x leverage ETF product will increase by 3%; conversely, the net value of the corresponding -3x product will decrease by 3%.
For more information, please refer to: FAQ for ETF | Trading Guide
Thank you for your support!
XT.COM Team
July 31, 2024
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XT reserves the right, at its discretion, to change, modify, or remove portions of the announcement at any time by posting the amended version on the website.