BTCSHORT Rank 2368
$7742.944522
BTCSHORT Rank 2368
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0 BTCSHORT

BTCSHORT
BTCSHORT
BTCSHORT

BTCSHORT Price
$7,742.94

BTCSHORT 24h Vol
$14,768

BTCSHORT Market Cap
$0

24h Vol
2 BTC
1 H
-0.02 %
24 H
0.94 %
7 d
2.45 %
Today BTCSHORT price in US dollars is currently 7,742.94 USD, and if converted to Bitcoin is 0.84519448 BTC. A total of 0 coin's are currently circulating in the Market. BTCSHORT prices are currently experiencing a change of 0.94 %, check all cryptocurrency. Over the past 24 hours 0.000 M US dollars BTCSHORT has been traded on Crypto Exchanges. Get BTCSHORT's progress by adding it to your favourites and creating a free portfolio if you wish.
Full Name
BTCSHORT
Symbol
BTCSHORT
Algorithm
ETH Token
BTC Price
0.84519448 BTC
BTC Market
0 BTC
BTC 24h Vol
2 BTC
Total Coins Mined
0 BTCSHORT
1h
-0.02 %
24h
0.94 %
7d
2.45 %
Twitter
Website
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Description

Description


BTCSHORT is an Ethereum-based inverse token that seeks to provide a notional exposure to the inverse or -1x the daily performance of Bitcoin on any given day. This means that if the price of Bitcoin increases by 5% in a day, BTCSHORT’s price will decrease by 5% in a day (before any fees or expenses are applied). BTCSHORT is strictly not a security, carries many risks, and is not suitable for risk-averse token holders and traders. This type of token is best suited for sophisticated, highly risk-tolerant token holders who understand and are comfortable with taking on the risks inherent to inverse tokens like BTCSHORT and understand the risks associated with holding tokens generally and inverse products in particular.

BTCSHORT offers a notional exposure to -1x the daily performance of Bitcoin. It is crucial that all token holders understand how compounding and the daily rebalancing of the token affects performance, especially in volatile markets. The tokens are designed for holding periods of equal or less than one day and holders need to consider their holdings each day.


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