ETH3S to USD Price Chart

ETH3S Statistics

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How has the ETH3S price changed recently?

The price of ETH3S, the Ethereum -3X leveraged ETF, has increased by +0.00% in the last 24 hours. Keeping track of the price is crucial for investors as it is designed to provide leveraged exposure to Ethereum's daily return.

What Is ETH3S?

ETH3S is an innovative financial product known as a leveraged exchange-traded fund (ETF) that provides inverse exposure to the daily returns of Ethereum. Specifically, it is built to track the daily return of Ethereum with a leverage ratio of -3. This means if Ethereum's value drops by 1% on a given day, the value of ETH3S is designed to increase by 3%, and vice versa. It is tailored for investors who are looking to capitalize on movements in Ethereum's price without dealing with the risks and complexities of margin calls.

Who Created ETH3S?

ETH3S is a financial product available on the MXC platform. MXC is a cryptocurrency exchange that offers various unique trading products. While ETH3S is based on Ethereum's performance, it is important to note that it is an ETF product offered by the trading platform and not a cryptocurrency like Ethereum itself.

How Does ETH3S Work?

ETH3S employs a -3X leverage mechanism which inversely tracks the daily performance of Ethereum. Leverage in the financial world refers to using borrowed capital or financial derivatives to amplify investment returns. For ETH3S, the -3X factor signifies a triple leveraged inverse position. This means if Ethereum's price falls, ETH3S's value rises at triple the rate of Ethereum's decline, allowing investors to potentially profit from downward movements in Ethereum's price.

What Makes ETH3S Unique?

The uniqueness of ETH3S lies in its leveraged nature and its ability to provide amplified returns based on Ethereum's daily performance. This product caters to investors who are not in favor of the typical margin call system found in traditional leveraged trading settings. Additionally, it is particularly attractive in market conditions that demonstrate strong momentum—either upward or downward—as it allows investors to make significant gains from relatively small price movements.

Who Is ETH3S Suitable For?

ETH3S is suitable for experienced traders and investors who have a strong understanding of leverage and the risks associated with leveraged investment products. It's also for those who prefer not to engage with the traditional margin trading mechanisms but still want to take advantage of the potential for amplified profits from the price movements of Ethereum.

How Is ETH3S Different From Ethereum?

While ETH3S is closely related to Ethereum by tracking its daily performance with an inverse triple leverage, it is vastly different from holding Ethereum itself. ETH3S is a financial instrument designed for short-term trading, reflecting daily price changes, whereas Ethereum is a cryptocurrency meant for a range of uses including long-term investment, decentralized applications, and smart contracts.

What Are the Risks of Investing in ETH3S?

Investing in ETH3S carries significant risks due to its leveraged nature. Leverage can magnify both gains and losses, meaning an incorrect bet on Ethereum's price movement can result in substantial losses. Additionally, because it's designed to track daily performance, the compounding effect can lead to divergence from Ethereum's actual long-term performance. It's imperative that investors understand these risks and have appropriate risk management strategies in place.

Where Can You Trade ETH3S?

ETH3S can be traded on the MXC platform, the offering exchange for this specific leveraged ETF product. Since it's tailor-made for the platform, traders interested in ETH3S should ensure they are familiar with MXC's trading system and any associated fees or requirements for trading leveraged ETFs.

How to Keep Your Investment in ETH3S Safe?

To keep your investment in ETH3S safe, it's not only important to use reliable trading practices but also to be aware of the platform's security measures. When trading on MXC or any exchange, ensure your account has a strong password, enable two-factor authentication (2FA), and be aware of the platform's security features. Additionally, stay informed about market conditions and regularly review your investment strategies to adapt to the volatile nature of leveraged products.

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