Hello, I have a question I want to ask you, and I couldn’t find a resource that explores it in detail. My question is is leveraged ETF halal on “hotbit” platform?
In the Hotbit Leveraged ETF I don’t borrow, I just trade with my own money and therefore no interest. No margin or collateral. There is also no risk of liquidation.
When I contacted Hotbit, I was told that there is no interest whatsoever. Can you please review leveraged ETF in hotbit, if you google it you can find hotbit articles or if you let me I can send you hotbit articles. Thank you.
When I asked other crypto exchanges I was told that every rebalancing has a “compound interest” effect. However, it was said that there is no compound interest effect on the platform I mentioned above.