ETF fund rate is the daily management fee charged in proportion for leverage by the platform to pay the funding rate generated by the fund portfolio. The management fee will be manifested on the dynamics of net worth. It is only charged at 00:00 (Singapore time). No fee will be charged if you do not hold Leveraged ETF product at the time point.
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Thank you for logging in and using the leverage ETF products and related services (hereinafter referred to as "ETF products") provided by Coinw.ai. Please read the ETF product description and the following risk warnings carefully. If you choose to continue using ETF products after it, it is deemed that you have fully acknowledged and understood the risks of ETF products, and have the capacity to bear the losses that may be caused by using ETF products. Also, you agree with the entire contents of this disclaimer.Please click to read the ETF product description: 《Leverage ETF Product FAQ》
1. The price you buy / sell should not deviate significantly from the unit's net worth, otherwise you will suffer corresponding losses.
2. If the direction is wrong, there will be a risk that the price will approach zero in extreme conditions.