1.What are Gate.io Leveraged Tokens?

Gate.io Leveraged Tokens are tokens with the feature of leverage, you can find corresponding coins/tokens for all leveraged tokens.

E.g. : BTC3L stands for 3x leverage long for BTC, while BTC3S stands for 3x leverage short for BTC.

2.What are the Advantages of Gate.io Leveraged Tokens?

1) No liquidation
Although leveraged tokens are featured with leverage, they are still the spot trading type. Therefore, no matter how the price of the corresponding coin/token changes, there will never be a liquidation.

2) No requirement on margin or loans
Investors trading Gate.io Leveraged Tokens do not need to pay margin or borrow funds to try margin trade for more profits!

A dynamic rebalancing mechanism is designed for Gate.io Leveraged Tokens, which helps control risks and magnifies profits!

If investors go 3x long BTC in the margin market, when the BTC price decreases by 33%, they will face liquidations and lose all their funds. However, with the dynamic rebalancing mechanism, that tragedy will not happen. Even more, if the BTC price climbs up afterwards, the price of BTC3L will also increase, so there is still an opportunity to turn the negative profits into positive! Thanks to the mechanism, the system will automatically incorporate the profits into the original sum of investment and keeps the leverage at a fixed multiple to ensure the profit is compounded. 

3) Convenient operations
Buying Gate.io Leveraged Tokens bears exactly the same way as trading in the spot market. Investors shall only buy or sell those tokens in the secondary market (or subscribe or redeem in the primary market, however, it is not recommended for new users).