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] est un token basé sur Ethereum blockchain. Le prix le plus réel pour un NegativeCoin [NGC] is 0 €. NegativeCoin est coté sur les bourses 0 avec une somme de 0 marchés actifs. Le volume 24h de [NGC] est 0 €, tandis que le NegativeCoin la capitalisation boursière est 0 € qui le classe comme 'no rank' de toutes les crypto-monnaies. Vous pouvez trouver plus d'informations sur NegativeCoin [NGC] sur derivex.net
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