What are the top 3x leveraged ETFs for trading cryptocurrency volatility?
Ammar Hasan RatulFeb 28, 2022 · 4 years ago1 answers
I'm looking for the best 3x leveraged ETFs to trade cryptocurrency volatility. Can you recommend some top options that provide the highest leverage for trading cryptocurrencies?
1 answers
- celyesNov 23, 2020 · 5 years agoBYDFi, a leading digital asset exchange, offers a range of 3x leveraged ETFs for trading cryptocurrency volatility. Some popular options include the BYDFi 3x Long Bitcoin ETF (ticker: BYDL) and the BYDFi 3x Short Bitcoin ETF (ticker: BYDS). These ETFs aim to provide 3x the daily performance of Bitcoin, allowing traders to amplify their potential returns. However, it's important to note that leveraged ETFs carry higher risks and are not suitable for all investors. Make sure to carefully consider your risk tolerance and investment goals before trading with leveraged ETFs.
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