How to get started with leveraged tokens on KuCoin App?

KuCoin Leveraged Tokens are tokens with the added benefit of leverage. Traders also amplify their investment returns with leverage by simply buying and selling leveraged tokens (it’s essentially the same as trading in the Spot Market) without paying any principal. Leveraged Tokens effectively increase profit and avoid liquidation risk through the mechanism of automatically adjusting leverage. Their features include no risk of liquidation, no need to pay margin, and automatic compound interest.

 

How to get started with leveraged tokens on KuCoin App?

 

First Step: Click【ETF】on the home page.

 

Second Step: Click the Leveraged Token (ETF) you want to buy.

Take BTC3L/USDT for example.

BTC3L stands for 3x leverage long for BTC. If you are bullish on BTC, buy BTC3L.When BTC price increases by 1%, the net value of BTC3L will increase by 3% 

If you want to sell it, just click sell

The entire process is exactly the same as Spot Trading, no borrowing, assets transfer and other processes are required, which is quite user-friendly.

 

You could check the details of leveraged tokens held in【Asset】-【Trading Account】