What is cryptohedge for?
Imagine that you are the owner of a cryptocurrency and are sure that this is a great investment vehicle, as the price of the cryptocurrency will rise.
For convenience, let’s assume that you have 1 BTC.
But, you temporarily (for 1 month) need US dollars in the amount of 25,000 USD, which forces you to exchange part of your BTC for USD.cx tokens, which can later be withdrawn from your wallet to your bank account in USD.
Try Currency.com’s Cryptohedge
With Cryptohedge
You have 1 BTC.
You sold 0.5 BTC at the rate of 50,000 USD and received 25,000 USD.
You now have 0.5 BTC and 25,000 USD.
25 000 USD you have withdrawn to your bank account.
Using the Leverage mode and 0.25 BTC out of the remaining 0.5 BTC on the crypto platform, you make a leveraged operation to acquire 0.5 BTC with leverage of 1:2.
After 30 days, the rate was 70,000 USD / BTC – and you return 25,000 USD to the crypto platform, close the previously completed leverage operation with a financial result of + 10,000 USD, which is 0.143 BTC (rate 70,000 USD) On your crypto platform (0.5 BTC + 0.143 BTC) = 0.643 BTC and 25,000 USD.
For 25,000 USD you can purchase 0.357 BTC (rate 70,000 USD).
In total, you had 1 BTC, and in a month again 1 BTC.
Try Currency.com’s Cryptohedge
With No Cryptohedge
You have 1 BTC
You sold 0.5 BTC at the rate of 50,000 USD and received 25,000 USD.
25 000 USD withdrawn to your bank account.
You now have 0.5 BTC and 25,000 USD.
In a month – you return 25,000 USD to the platform.
But, to buy back 0.5 BTC you already need 35,000 USD (the rate increased from 50,000 USD to 70,000 USD) – and for 25,000 USD you can only buy 0.357 BTC
In total, you had 1 BTC, and in a month already 0.857 BTC.
Go to Currency.com Official Website
Please click "Introduction of Currency.com", if you want to know the details and the company information of Currency.com.
(Forex Broker)
Comment by Hans
April 24, 2024
as I am trading here various assets, for me it's the most important feature. i mean, flexibility in tradable markets. i alternate trading styles, meaning that sometimes I trad...