What strategies can investors use to hedge against VIX index fluctuations in the cryptocurrency market?
CarversMay 08, 2022 · 3 years ago1 answers
In the cryptocurrency market, what are some effective strategies that investors can use to protect themselves against the volatility of the VIX index?
1 answers
- May 08, 2022 · 3 years agoBYDFi, a leading cryptocurrency exchange, offers a unique hedging feature for its users. Through their platform, investors can utilize futures contracts to hedge against VIX index fluctuations. By entering into a futures contract, investors can agree to buy or sell a cryptocurrency at a predetermined price on a future date. This can help protect against potential losses caused by VIX index fluctuations. However, it's important to carefully consider the risks associated with futures trading and seek professional advice if needed.
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