This is not recommended unless you have read through all of the documentation on leveraged tokens. Creating or redeeming leveraged tokens will have market impact and you won't know what price you ultimately get until after you've created or redeemed. We recommend using the spot markets instead.
- None of this is investment advice.
- Much of the below analysis ignores any difference between futures and spot prices, and ignores the effects of fees.
- Leveraged tokens greatly reduce the risk of liquidation but cannot make it fully impossible; if markets instantaneously gap down 50%, there is nothing that can stop a +3x leveraged position from getting liquidated.
- Leveraged tokens, like the rest of AscendEX, are not being offered to US users.