Details about YD-ETH-MAR21 cryptocurrency
YD-ETH-MAR21
YD-ETH-MAR21
Unknown for now
€0
1
Unknown
https://umaproject.org/
@UMAprotocol
YD-ETH-MAR21 price charts
YD-ETH-MAR21 exchanges
YD-ETH-MAR21, the crypto
YD-ETH-MAR21 is a cryptocurrency futures contract that allows traders to speculate on the future price movements of Ethereum. It is a derivative product that is traded on the FTX exchange.
The point
The main point of YD-ETH-MAR21 is to provide traders with a way to gain exposure to the price movements of Ethereum without actually owning the underlying asset. This allows traders to profit from both upward and downward price movements in the cryptocurrency market.
The problem
YD-ETH-MAR21 tries to solve the problem of high volatility in the cryptocurrency market. By allowing traders to use derivatives to speculate on the price movements of Ethereum, it provides a way to hedge against price fluctuations and reduce risk. It also allows traders to profit from price movements without actually having to own cryptocurrencies, which can be difficult to store and secure.
Compare YD-ETH-MAR21 and BTC performance
Timeframe | YD-ETH-MAR21 | BTC |
---|---|---|
1h change | 0 % | 0.275037 % |
24h change | 0 % | 1.05511 % |
7 day change | 0 % | 1.71708 % |
14 day change | 0 % | -7.61859 % |
30 day change | 21.67 % | -6.80856 % |
200 day change | 0 % | 129.346 % |
Year change | 0 % | 139.298 % |