To meet the trading needs of our users, AscendEX will add 7 new leveraged tokens with 5X leverage for trading: BNB, VET, RUNE, KAVA, QNT, WOO and ONE at 2:00 a.m. UTC, November 11. Please see details below:
5X Leverage Long
5X Leverage Short
Please note: L, short for long, refers to “going long”. S, short for short, refers to “going short”. The numbers 5 refer to the leverage multiple for a particular token.
Risk Disclosure: Leveraged tokens are a type of high-risk financial derivative. Please be sure to have a full understanding of the products, as well as the rebalancing mechanism, holding costs and other basic principles before trading. The information above is not intended as advice for investment. Investors should be cautious and pay attention to risk management while trading.
Thank you for your continued support!
The AscendEX Team