About 1x Short Bitcoin Token
1x Short Bitcoin Token (HEDGE) is a cryptocurrency launched in 2019and operates on the Ethereum platform. 1x Short Bitcoin Token has a current supply of 2,775.416779 with 0 in circulation. The last known price of 1x Short Bitcoin Token is 70.41236127 USD and is up 0.00 over the last 24 hours. It is currently trading on 2 active market(s) with $0.00 traded over the last 24 hours. More information can be found at
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Market Stats
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Additional info about 1x Short Bitcoin Token
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Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x1FA3bc860bF823d792f04F662f3AA3a500a68814 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.00 | NaN% |
1 Day | $0.00 | 0.00% |
1 Week | $0.00 | 0.00% |
1 Month | $0.00 | 0.00% |
1 Year | $0.00 | 0.00% |
FAQ
1X Short Bitcoin Token (HEDGE) is an ERC-20token that aims to deliver -1 time the daily return of Bitcoin. The token is a component and product of the FTX platform. The platform aims to offer its consumers innovative goods linked to cryptocurrency trading. FTX strives to provide a sophisticated platform for professional trading businesses. Therefore, it is user friendly for first-time consumers.
According to the whitepaper, HEDGE is a token that aims to accomplish a daily return equal to the inverse of Bitcoin's USD return. HEDGE has the following features:
The inverse exposure enables Bitcoin traders to enter trades with less capital. However, they have to hold less of their assets in a third-party system for the same price exposure. HEDGE also allows users to hedge natural holdings in cryptocurrencies even if their preferred exchange does not permit margin trading.
The FTX platform provides a specific utility token, FTT, and intends to use it as the network's base. FTX strives to exchange tokenized stocks, futures, and other assets through FTT. FTX also seeks to provide a stable and sound platform with unique and creative crypto exchange capabilities.
The FTX team consists of seven people. FTX's CEO and founder is Sam Bankman-Fried. Its CTO and founder is Gary Wang.
We update our 1x Short Bitcoin Token to USD currency in real-time. Get the live price of 1x Short Bitcoin Token on Coinbase.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.