MXC Will Launch PAXG3L and PAXG3S Leveraged ETF Products

Dear MXCers:

In order to satisfy the trading demand of various users, MXC will launch PAXG3L and PAXG3S leveraged ETF products at 21:00 (UTC+8), February 26, tracking the movement of PAX GOLD (PAXG), with daily management fee rate of 0.1% for each-time leverage.

PAX Gold (PAXG) is a digital asset. Each token is backed by one fine troy ounce (t oz) of a 400 oz London Good Delivery gold bar, stored in Brink’s vaults. If you own PAXG, you own the underlying physical gold, held in custody by Paxos Trust Company.

To learn more about leveraged ETF, please visit:

1. Guide for Leverage ETF

2. Leveraged ETF Lecture

3. FAQ for Leveraged ETF

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