Insure your Bitcoin with Options [A How-To Guide]

Written by AdrianTan_Sparrow | Published 2020/03/13
Tech Story Tags: crypto-hedging | options-trading | insurance | bitcoin | bitcoin-trading | hedging-bitcoin-trades | options-in-bitcoin-trading | insuring-your-btc-by-puts

TLDR You can insure (aka hedge in trading terms) your crypto assets with options trading. The mechanics behind options trading can be referenced to the insurance industry — where people pay a premium to insure their health. The author Adrian is the CIO at Sparrow Exchange, an options trading platform with trades settled transparently by smart contracts. The information provided here is for informational purposes only. It should not be considered legal or financial advice. You should consult with an attorney or other professional to determine what may be best for your individual needs.via the TL;DR App

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Written by AdrianTan_Sparrow | Professional proprietary trader of 8 years; CIO of Sparrow, leading options trading platform
Published by HackerNoon on 2020/03/13