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LBank ETF Will Launch FLOKI and RIF with 3x Leverage

2023-10-24 11:35

Dear LBank users,

 

LBank ETF will launch FLOKI and RIF at 09:30 on October 24, 2023 (UTC) with 3x leverage. More details can be found in the table below:

Token 3X Buy (Long) 3X Sell (Short)
FLOKI FLOKI3L/USDT FLOKI3S/USDT
RIF RIF3L/USDT RIF3S/USDT
 

 

※ "3L" means 3x buy long, "3S" means 3x sell short.

 

Risk Warning:

Welcome to trade LBank ETF products, where you can easily amplify your profits by taking long or short positions.

  1. Leveraged ETF products are newly emerged financial derivatives. LBank will not provide any financial advice regarding leveraged ETF trading. Please make prudent investment decisions.
  2. Leveraged ETFs greatly reduce the risk of forced liquidation, but there is a risk of approaching zero and liquidation in extreme market conditions. Please pay attention to the difference between the net asset value and the price to avoid losses.
  3. A management fee of 0.1% will be charged.

 

Further Information:

Live Chat
Customer Support Team

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Dear LBank User

Our online customer service system is currently experiencing connection issues. We are working actively to resolve the problem, but at this time we cannot provide an exact recovery timeline. We sincerely apologize for any inconvenience this may cause.

If you need assistance, please contact us via email and we will reply as soon as possible.

Thank you for your understanding and patience.

LBank Customer Support Team