Operations on Bitcoin provided by Coinpaprika
As part of the Deriv.Ex project you will find here the general functioning of NegativeCoin, our first token correlated on a short position of bitcoin in absolute value.
The concepts and general idea of the project.
The general idea of absolute correlated tokens is the following. Our tokens have a price of their own, but their basic variation subject to the law of supply and demand, are also subject to the laws of supply and demand of a monopoly situation. We can ... thus create customised token prices. Let's take a simple example:
Suppose we have a token X that would be correlated to a cryptocurrency Y in order to hold a short Y position.
NegativeCoin [NGC] es una token basado en Ethereum blockchain. El precio actual de un NegativeCoin [NGC] is 0 €. NegativeCoin se lista en 0 exchanges con un total de 0 mercados activos. El volumen en 24h de [NGC] es 0 €, mientras la capitalización de mercado de NegativeCoin de 0 € que la coloca en la posición 'no rank' entre todas las criptomonedas. Puedes encontrar más información sobre NegativeCoin [NGC] en derivex.net
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