Details about BCHNrBTC Synthetic Token Expiring 5 January 2021 cryptocurrency
BCHNrBTC Synthetic Token Expiring 5 January 2021
BCHNRBTC-JAN-2021
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https://umaproject.org/
@UMAprotocol
BCHNrBTC Synthetic Token Expiring 5 January 2021 price charts
BCHNRBTC-JAN-2021 exchanges
BCHNrBTC Synthetic Token Expiring 5 January 2021, the crypto
BCHNrBTC Synthetic Token Expiring 5 January 2021 (BCHNRBTC-JAN-2021) is a cryptocurrency synthetic token designed to track the price of Bitcoin Cash (BCH) against Bitcoin (BTC) expiring on January 5th, 2021. It is a derivative product that is traded on cryptocurrency exchanges.
The point
The main point of BCHNrBTC Synthetic Token Expiring 5 January 2021 (BCHNRBTC-JAN-2021) is to provide investors with exposure to the price of Bitcoin Cash (BCH) compared to Bitcoin (BTC) through a synthetic token without having to own the actual underlying assets. The token is traded on cryptocurrency exchanges and can be used for trading, hedging, or investing purposes.
The problem
BCHNrBTC Synthetic Token Expiring 5 January 2021 (BCHNRBTC-JAN-2021) tries to solve the problem of limited liquidity and accessibility to trading in the Bitcoin Cash (BCH) and Bitcoin (BTC) markets. The token provides an alternative investment option for traders and investors who do not have direct access to the cryptocurrency exchanges, as well as a way to manage their exposure to the price movements of these two cryptocurrencies.
Compare BCHNRBTC-JAN-2021 and BTC performance
Timeframe | BCHNRBTC-JAN-2021 | BTC |
---|---|---|
1h change | 0 % | 0.29308 % |
24h change | 0 % | -4.6819 % |
7 day change | 0 % | 1.48969 % |
14 day change | 0 % | -8.92904 % |
30 day change | 0 % | -8.43816 % |
200 day change | 0 % | 126.811 % |
Year change | 0 % | 139.598 % |