BTC3S BTC3S to USD Price, Market Cap, Charts & News

31 Oct BTC3S BTC3S to USD Price, Market Cap, Charts & News

2、3L represents a 1% increase in the price of the trading pair and a 3% increase in the net value of the product. The table above shows the number of days which Bitcoin 3x Daily Short closed above a certain price level. Reward amounts will be determined based on the type and relevance of the information provided.

BTC3S Exchanges

BTC3S works by tracking the price of Bitcoin and applying a leverage factor, which magnifies both gains and losses relative to the price movements of Bitcoin. When Bitcoin’s price falls, a short leveraged token like BTC3S might gain in value at a multiple of the rate of Bitcoin’s decline, depending on its leverage factor. It’s important for investors to understand these tokens can be very volatile and carry high risk due to the nature of leverage.

Unlike typical cryptocurrencies, BTC3S is designed to provide a multiplied effect on the price changes of Bitcoin, which often means it’s a short or “bear” token, moving inversely to Bitcoin’s price. Traders typically use such tokens to speculate on price movements or to hedge their existing cryptocurrency positions. The price of BTC3S is calculated using the current price of Bitcoin and the token’s specified leverage factor. This involves complex trading strategies and regular rebalancing by the token issuer to maintain the leverage level. As market conditions change, the rebalancing adjusts the holdings of the underlying assets to attempt to preserve the leveraged position.

The benefit, however, is that traders can potentially achieve greater returns compared to directly trading Bitcoin – provided their market predictions are correct. On the downside, losses can also be amplified, and there is a higher risk of liquidation. It’s crucial for traders to have a thorough understanding of the mechanics and risks of leveraged tokens before trading. BTC3S is a specialized cryptocurrency token that offers leveraged exposure to the price movements of Bitcoin.

What is the exchange rate of BTC3S(BTC3S)?

Users should utilize the storage solutions provided by the platform that offers BTC3S, ensuring they have strong security measures in place. This typically means using two-factor authentication and secure passwords, and being aware of the unique risks that leveraged products carry. Trading BTC3S carries a high level of risk due to its leveraged nature.

BTCS Inc. Overview Capital Markets / Financial Services

Before engaging in crypto trading, please consult with a financial advisor to ensure it aligns with your financial goals and risk tolerance. Bitcoin 3x Daily Short’s current circulating supply is 0.00 BTC3S.In terms of market cap, Bitcoin 3x Daily Short is currently ranked #883 in the Ethereum (ERC20) Tokens sector. Please bear with us as we address this and restore your personalized lists. 3、3S indicates that the price of the trading pair fell 1% and the net value of the product rose 3%.

• The table above shows the number of days which Bitcoin 3x Daily Short closed above a certain price level.
• 3、3S indicates that the price of the trading pair fell 1% and the net value of the product rose 3%.
• The price of leveraged tokens like BTC3S can fluctuate widely depending on the movements of the underlying asset, which in this case is Bitcoin (BTC), and the leverage factor applied to the token.
• Traders typically use such tokens to speculate on price movements or to hedge their existing cryptocurrency positions.
• These providers utilize complex financial mechanisms to ensure the token’s price reflects the appropriate multiple of the price movements of Bitcoin.

BTC3S Exchange Rates on Trading Markets

As a price-tracking metric for BTC3S is not like a standard cryptocurrency asset, I don’t have the latest pricing information. The price of leveraged tokens like BTC3S can fluctuate widely depending on the movements of the underlying asset, which in this case is Bitcoin (BTC), and the leverage factor applied to the token. Leveraged tokens like BTC3S use a combination of derivatives, such as futures contracts, to achieve their leveraged exposure. CoinCodex tracks 42,000+ cryptocurrencies on 400+ exchanges, offering live prices, price predictions, and financial tools for crypto, stocks, and forex traders. BTCS Inc., a btc3s price blockchain technology company, provides blockchain infrastructure services in the United States. The company operates a network of cloud-based validator nodes that perform essential roles in proof-of-stake and delegated proof-of-stake blockchain ecosystems.

Bitcoin 3x Daily Short Price

The company was formerly known as Bitcoin Shop, Inc. and changed its name to BTCS Inc. in July 2015. BTCS Inc. was founded in 2013 and is based in Silver Spring, Maryland. Under extreme market conditions, the product will have the risk that the price will approach zero and the price will deviate far from the net value. Bitcoin 3x Daily Short is a token that maintains notional exposure to -3x of Bitcoin’s daily returns through the use of perpetual swap contracts. The BTC3S token is priced by aggregating order books from several top crypto derivatives exchanges.

What is the current price of BTC3S?

• Safety in trading and storing leveraged tokens like BTC3S involves not only cybersecurity but also risk management.
• This typically means using two-factor authentication and secure passwords, and being aware of the unique risks that leveraged products carry.
• Before engaging in crypto trading, please consult with a financial advisor to ensure it aligns with your financial goals and risk tolerance.
• On the downside, losses can also be amplified, and there is a higher risk of liquidation.

BTC3S, like many leveraged tokens, is typically issued by cryptocurrency exchanges or financial service providers specialized in creating such instruments. These providers utilize complex financial mechanisms to ensure the token’s price reflects the appropriate multiple of the price movements of Bitcoin. Before trading BTC3S, it’s important to consider your own risk tolerance and trading experience, especially with leveraged financial products. Furthermore, understanding the underlying technology, the rebalancing mechanisms, and the potential for rapid price changes is critical. Traders should also keep informed about the health of the cryptocurrency market, particularly Bitcoin’s price movements, as they will directly impact the performance of BTC3S. Safety in trading and storing leveraged tokens like BTC3S involves not only cybersecurity but also risk management.