KuCoin Leveraged Tokens are tokens with the feature of leverage, which is under the management of the fund manager, aiming to bring traders with a specific multiple of profits of the underlying assets by trading Leveraged token shares. For example, if the underlying asset is BTC, when its price increases by 1%, the net value of BTC3L will increase by 3% whereas that of the BTC3S will drop by 3%.  

 

KuCoin Leveraged Tokens are perpetual ones that have no due date and the price will not be negative, thus there is no risk of liquidation. Investors can subscribe or redeem those tokens in the primary market, or buy or sell them in the secondary market. Traders don’t need to pay any margin for KuCoin Leveraged Tokens.

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