RATE Group | Short Ethereum Token: The Token That Rises When ETH Plummets, And Plummets When ETH Rise…
37727
wp-singular,post-template-default,single,single-post,postid-37727,single-format-standard,wp-theme-bridge,wp-child-theme-bridge-child,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Short Ethereum Token: The Token That Rises When ETH Plummets, And Plummets When ETH Rise…

05 Aug Short Ethereum Token: The Token That Rises When ETH Plummets, And Plummets When ETH Rise…

Posted at 09:04h in Ethereum News by

[ad_1]

The crypto market is steadily maturing, expanding the possibilities for investors. Good news for the growth of crypto-verse because the more options there are, the more people can consider it an attractive investment option.

dYdX logo

Within the group of initiatives that have dared to take a step forward in the creation of new market strategies, one of which is worth mentioning is dYdX. For those with some knowledge of mathematics, the name of this startup comes from the concept of derivatives, an intelligent choice by the team, given that they focus on financial derivatives trading.

One of the points that make dYdX stand out is that they offer a trading option that is so far unusual for the markets. The team behind this platform have created a token which variation is inversely proportional to that of Ethereum.

Short Ethereum Token: Diversify Risks With New Investment Options

As explained by Tech Crunch , the idea of the token is risk diversification, allowing traders to short the…

[ad_2]

Source link