Crypto-Follow logo Crypto-Follow logo
TheBlock 2019-12-20 10:45:12

Bitcoin miners could soon hedge their risks as Canaan-backed startup and GSR are set to launch derivatives

Bitcoin miners could soon protect themselves against volatility in bitcoin prices with derivative products. Interhash, a cryptocurrency mining services startup backed by Nasdaq-listed Canaan Creative, and cryptocurrency market maker GSR, have tied up to launch derivatives for bitcoin miners. The companies are preparing to launch customized structured products, including swaps, to allow bitcoin miners to […]The post Bitcoin miners could soon hedge their risks as Canaan-backed startup and GSR are set to launch derivatives appeared first on The Block.

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer