Topic: BitOffer Ethereum ETF Launched, Time-limited 0 Purchase Fee to Earn High payoff (Read 97 times)

At 10:00(UTC+8), Feb 24th, BitOffer officially announced the launch of Ethereum ETF, and the fee for purchasing will be 0. The profit of Ethereum ETF launched by BitOffer is estimated to be 3 times to 17 times. Different types of Ethereum ETF have the same features of “Buying Long & Short”, “No Margins” and “No Liquidation”. This product will be managed by the professional financial team. With the automatic positions adjusting mechanism and its compounding calculation, even the drastic drops happen on the ETH price, Ethereum ETF will never be at risk because of its features of “Highly Profitable but Low-risk”.

Ethereum ETF now allows investors to purchase with 0 fees, and its current net value is 100 USDT. In the purchase of Ethereum ETF, its minimum requirement is 0.1 unit, and the maximum requirement is 500 units. In addition, in the purchase and the redemption of Ethereum ETF, it only supports USDT.

The investors will be able to invest any amount and choose to hold for the long term or trade it anytime or anywhere due to the limitless on the timing and amount of purchase and redemption. It has the same operation pattern as holding ETH on the spot trading market, but its payoff is at least 3 times more than holding ETH. Besides, the investors who buy Ethereum ETF never worry about the store and security of the digital asset due to the reason that they don’t have to hold Ethereum.

BitOffer launched Bitcoin ETF last year. Until now, the purchase of Bitcoin ETF has reached $100,000,000. Moreover, it has achieved the highest ROI in the cryptocurrency industry. The launch of Cryptocurrency ETF not only shapes the route of cryptocurrency derivatives but also provides the investors diversified trading products to push the development of the market.

 What is Ethereum ETF?

ETF (Exchange-Traded Fund), is highly accepted as a financial derivative in traditional finance. Ethereum ETF is fixedly leveraged because of its correspondence to a specific amount of futures contract positions.

Even though Ethereum ETF and futures trading have some similarities such as their leverage rates has the possibility to enlarge the investors’profits, obvious differences still exist. The most significant one is that Ethereum ETF does not request any margin which leads to “No Liquidation”. To the investors who have less time to focus on the market, Ethereum ETF will save your time to the greatest extent.

How do I trade Ethereum ETF?

BitOffer will launch 3 indexes of ETH3X, ETHR, ETH3R as the net value and the prices of the corresponding ETF. The price and the net value may have some deviations, but it will be incredibly small in the purchase and redemption on BitOffer.

 ETH3X means Open Long 3X ETH: When the Ethereum price rises 5%, the ETH3X is expected to rise by about 15%.

ETHR means Open Short 1X ETH: When the Ethereum price drops 5%, the ETHR is expected to rise by about 5%.

ETH3R means Open Short 3X ETH: When the Ethereum price drops 5%, the ETH3R is expected to rise by 15%.

 To investors, the trading patterns of Ethereum ETF and the ETH spot trading are much the same. But Ethereum ETF supports users to buy long or short, which means that users can buy ETH3X when expecting the price to rise and buy ETHR or ETH3R when expecting the price to drop. In the aspect of risk, investors are allowed to exchange ETF and USDT anytime, and moreover, Ethereum ETF will never face any liquidation.

First, choose the direction (Long or Short). Choose ETH3X when the bull market expected, choose ETHR or ETH3R when the bear market expected.

Case 1：
The ETH price is $200, you predict the ETH price will rise, and now the fund net value of ETH3X is 1. Thus, you purchase 1,000 units of ETH3X with 1,000 USDT. On the second day, the ETH price rises to $220(10%), the fund net value of ETH3X will be 1.3 due to its 3X leverage, which means your profit will be 30% by earning 300 USDT.
Case 2：
The ETH price is $200, you predict the ETH price will drop, and now the fund net value of ETHR is 1. Thus, you purchase 1,000 units of ETHR with 1,000 USDT. On the second day, the ETH price drops to $180(-10%), the fund net value of ETHR will be 1.1, which means your profit will be 10% by earning 100 USDT.
Case 3：
The ETH price is $200, you predict the ETH price will drop, and now the fund net value of ETH3R is 1. Thus, you purchase 1,000 units of ETH3R with 1,000 USDT. On the second day, the ETH price drops to $180(-10%), the fund net value of ETH3R will be 1.3 due to its 3X leverage, which means your profit will be 30% by earning 300 USDT.