Gateio leveraged ETF product BTC3L is multi-currency, is there a corresponding relationship with BTC3S short-currency trading?
There is no such thing as long and short, because the corresponding relationship between them is different from that of the underlying currency. For example, after relocation, BTC will increase or decrease by 65,438+0%, net value of BTC3L will increase or decrease by 3%, and net value of BTC3S will increase or decrease by -3%, regardless of triggering timing adjustment. Therefore, BTC3L is called BTC long and BTC3S is called BTC short. In actual transactions, it can be understood as two completely different spot currencies, and the profit model is the same as other currencies in the spot market.