The product is designed in such a way that the investor already achieves the maximum return of 10% (13.33% p.a.) with stagnating Bitcoin prices. Should Bitcoin nevertheless fall slightly to 95% of the initial fixing, the investor is refunded his initial investment. At the same time, the minimum repayment of 90% of the denomination protects against stronger price declines of Bitcoin.
If Bitcoin is then quoted at 50% of the initial fixing, for example, the investor receives a repayment amounting to 90% of the denomination.
If Bitcoin is quoted at 96% of the initial fixing, for example, the investor receives a redemption amounting to 102% of the denomination.
If Bitcoin is quoted above the initial fixing level at maturity, which also serves as the cap level here, the investor receives a redemption of 110% of the denomination.
We look forward to answering all of your questions about our products and how they are traded. Please don't hesitate to get in touch! Phone: 058 800 11 11, email info@leonteq.com or contact us here.
Investments in products referencing one or more cryptocurrencies or indices of cryptocurrencies are subject to increased volatility compared to investments in traditional assets and to specific risks which can negatively impact the value, tradability,liquidity and/or security of such investments. Potential Investors are encouraged to inform themselves about these specific risks when considering an investment in products referencing one or more cryptocurrencies or indices of cryptocurrencies. A summary of key risks relating to products referencing one or more cryptocurrencies or indices of cryptocurrencies can be found here.