Your balance: BSHORT.
Tokens
Price
Total
ETH
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Tokens
Price
Total
ETH
USD

  Data yu'll need to add token to Metamask or ERC20 compatible wallet.  Short name BSHORT.

  Adress 0x316e7d7f3d9584b276fb68028b74fcdbaec56481

  Decimals: 18
 

NAV  : 11,07 Change to previous -0,17 %. Published daily.


What is BSHORT?

Bitcoin Short (BSHORT) is a cryptocurrency that corresponds to the inverse (-1x) of the daily bitcoin performance.


It is a simple instrument to earn or hedge when bitcoin price drops. For example if bitcoin drops 10%, BSHORT will rise 10%. There is an easy way to short bitcoin- you can buy BSHORT on any cryptoexchange.

Microsoft co-founder Bill Gates said on CNBC’s “Squawk Box" on 7th May 2018 that he would bet against bitcoin if he could.

“I agree I would short it if there was an easy way to do it,” he said.

If he'd invested that day, his return would have been 160 % in the seven months that followed his statement, see the chart to the right.


Price of Bitcoin Short

Every BSHORT token is backed by bitcoin derivatives- futures, SWAPs, options. Net asset value (NAV) for BSHORT is calculated using the same model as ETF funds use. It is published on our site every day. NAV= net assets / quantity of tokens on the market. 

The token price on the exchange is driven by demand and offerings and is based on bitcoin price movement. The price on exchange can differ from NAV.


Liquidity

We are actively pursuing the increase of the token's liquidity. Bitcoin Short will be traded on the most notable exchanges. For extra liquidity support during the development of this project you have an opportunity to buy and sell tokens on our site at price based on NAV.

Exchanges where BSHORT is traded:    Livecoin ,    Forkdelta ,    Bitcratic , LedgerDex. 

We plan to list our token on the following exchanges: Idex, Yobit, Okex, Poloniex, Binance, EXMO, Gibraltar Blockchain Exchange.

Here is online Analysis for bitcoin. Red zone shows a good possibility to buy Bitcoin Short.