Leveraged Tokens Trading
A leveraged token tracks a market or a group of markets. It allows to buy shares representing a portfolio of different companies.
Getting Started with Leveraged Token Trading
Log In: Access your KoinBay account and navigate to the K section.
Choose the leveraged token: Select the pair you want to trade.
Trading Options:
Limit Orders: Set the price you want to buy/sell at. Specify the number of tokens or percentage of capital.
Market Orders: Buy/sell at the current market price. Choose the amount or percentage of capital.
Check Trades: View your trades under Open Orders.
Fees and Rebalances
Fees: Similar to spot transactions, mostly 0.1%. A daily management fee is applied, reflected in the leveraged token's net value.
Rebalance:
Regular Rebalance: Adjusts positions daily at 00:00 (UTC+8) to maintain leverage ratio.
Irregular Rebalance: Activated during high market volatility to control risks and prevent net value from dropping to zero.
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