BKEX will list SUI3L (SUI 3x long) and SUI3S (SUI 3x short) in ETF Area at 15:00 on May 5, 2023 (UTC+8). The details are as follows:
SUI3L (SUI 3x long）
SUI3S (SUI 3x short）
Basic trading fee rate: 0.4%
Daily management fee (every multiple): 0.2%
1. Event time: 15:00 05/05/2023 - 15:00 05/12/2023 (UTC+8)
2. Currencies for this event: SUI3L & SUI3S
3. Rules and Rewards:
During the event, first 5 users whose SUI3L and SUI3S trading amount reaches 400 USDT can get ETF tokens worth 40 USDT as rewards.
- Trading amount = Buy amount + Sell amount;
During the event, users who trade SUI3L and SUI3S and the net profits from SUI3L and SUI3S transactions reach 50/150/800/3,000/8,000 USDT can get ETF tokens worth 20/40/80/100/200 USDT as rewards, eligible users can only get the highest-level reward in this Event. The prize pool is 1200 USDT. Rewards are limited, and will be distributed on a first-come-first-served basis.
- Profit amount = Sell amount - Buy amount;
- If users trade both of SUI3L and SUI3S, the profits will be PnL of SUI3L transactions plus PnL of SUI3S transactions
Terms & Conditions:
- Only users who have completed the corresponding tasks during the event are eligible for rewards;
- Rewards will be ETF tokens;
- The event result will be published within 3 working days after the event ends and the event rewards will be distributed within 5 working days after the event result is published;
- The final explanation right of this event is reserved by BKEX.
For rules and common questions about ETF product, please refer to: FAQ about Leveraged ETF Product
For Trading Guide to Leveraged ETF Product, please refer to: Trading Guide to Leveraged ETF Product
Herein we remind users that please know about the design and price fluctuation mechanism of the product before trading it to avoid unnecessary loss.
English Telegram group: https://t.me/BKEXEnglish