BTCSHORT
Amun Short Bitcoin Token Rank 2697
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0 BTCSHORT
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Amun Short Bitcoin Token
Amun Short Bitcoin Token Price $ 7,681.67
$ 7,681.67
Amun Short Bitcoin Token 24h Vol
$0
$0
Amun Short Bitcoin Token Market Cap $0
$0
24h Vol
0 BTC 1 H
0 %
24 H
0 %
7 d
-0.97 %
Today Amun Short Bitcoin Token price in US dollars is currently
7,681.67
USD, and if converted to Bitcoin is
0.83038395
BTC. A total of N/A are currently circulating in the Market. Amun Short Bitcoin Token price is currently experiencing a change of 0 %, and check here all cryptocurrency. Over the past 24 hours 0.000 M US dollars Amun Short Bitcoin Token have been traded on Crypto Exchanges. Get Amun Short Bitcoin Token's progress by adding it to your favourites and creating a free portfolio.
Full Name
Amun Short Bitcoin Token
Symbol
BTCSHORT
Algorithm
ETH Token
BTC Price
0.83038395 BTC
BTC Market
0 BTC
BTC 24h Vol
0 BTC
Total Coins Mined
0 BTCSHORT
1h
0 %
24h
0 %
7d
-0.97 %
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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.
