Cryptocurrencies: 24715
Markets: 95953
Market Cap: $3,532,043,383,936     
24h Vol: $90,506,682,984
1 Amun Short Bitcoin Token (BTCSHORT) Rank 2368
$7742.944522
Amun Short Bitcoin Token (BTCSHORT) Rank 2368
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0 BTCSHORT

Amun Short Bitcoin Token (BTCSHORT)

Amun Short Bitcoin Token (BTCSHORT)

BTCSHORT

Amun Short Bitcoin Token (BTCSHORT) Price
$7,742.94

Amun Short Bitcoin Token (BTCSHORT) 24h Vol
$14,768

Amun Short Bitcoin Token (BTCSHORT) Market Cap
$0

Amun Short Bitcoin Token (BTCSHORT) Circulating
0

Full Name
Amun Short Bitcoin Token (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 %
Charts

Amun Short Bitcoin Token (BTCSHORT)

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.

Full Name Amun Short Bitcoin Token (BTCSHORT)
Start Date N/A
Algorithm ETH Token
Proof Type N/A
Website amun.com/tokens/btcshort
Twitter @AmunTokens
Facebook N/A
Reddit N/A
Block Number N/A
Block Time N/A
Block Reward N/A
Total Coins Mined N/A
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
Amun Short Bitcoin Token (BTCSHORT) News

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