About Cryptocoin Insurance

Cryptocoin Insurance
2 min readAug 24, 2018

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CRYPTOCOIN INSURANCE allows you to insure price falls or growth risks for major cryptocurrencies.

Traders and hedge funds conclude deals on purchase and sale of stock options

Other clients, who don’t want to know how option works can purchase insurance for growing or fall of the main cryptocurrencies.

CRYPTOCOIN INSURANCE allows you to insure price falls or growth risks for major cryptocurrencies.

The exchange will start operating with 5 cryptocurrencies that have the maximum market. Furthermore, as the demand and turnover increase, we will add other cryptocurrencies. CRYPTOCOIN INSURANCE sells both Bitcoin or Ethereum growth and fall insurance. Thus, it hedges its risk. No competition in the market allows maintaining a significant margin on the level of 20%. CRYPTOCOIN INSURANCE repackages and sells/buys its own risk as options on its own exchange.

The advantage of the cryptocurrency market unlike the stock or commodity one is that it operates 24 hours a day. And for the whole period of its existence (about 10 years), there has never been any news that would quickly shift the price of Bitcoin or Ethereum by at least 30–50%. In fact, if it goes only about blue chips (coins), the cryptocurrency market is much safer for option sellers than other markets that we got accustomed to.

Options enable short sales

Without having physical Bitcoin or Ethereum, it is possible to get an option for their falling, and actually carry out uncovered sale. This opportunity brings to the market a lot of new traders, investors and speculators, as well as hedge funds who put money not only on the growth but also on the fall of markets.

Read more on http://ccin.io

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