#
SynthCrypto BCH – Symbol : hBCH #
This token is a SynthCrypto BCH, it derives its pricing from a composite global pricing of Bitcoin Cash in USD in real time with all transactions occurring on-chain on Pecu Novus. They sit in a liquidity pool and are used for speculative purposes, hedging and risk management. #
What is a SynthCrypto #
A SynthCrypto, also known as a Synthetic Cryptocurrency, is a digital asset that tracks the price of another asset, such as a digital assets and real-world assets. Synths are created and traded on decentralized exchanges (DEXes) such as HootDex. #
SynthCryptos can be used for a variety of purposes, such as trading, hedging, and lending. For example, a trader could use a SynthCrypto to trade on the price of a cryptocurrency without having to actually own the cryptocurrency. Or, an investor could use a SynthCrypto to hedge against the price of a real world asset. Learn more here. #
Here are some of the benefits of using SynthCryptos #
-
Access to a wider range of assets: SynthCryptos allow users to trade and invest in a wider range of assets than would be possible with traditional cryptocurrencies. For example, users can trade on the price of real-world assets without having to actually own those assets. #
-
Transparency: SynthCryptos are typically backed by collateral that is deposited into a smart contract. This makes SynthCryptos more transparent than some other types of digital assets. #
-
Flexibility: SynthCryptos can be used for a variety of purposes, such as trading, hedging, and lending. This makes SynthCryptos a versatile asset class. #
VIEW ALL TOKENS #
LATEST CRYPTO & FINANCIAL NEWS #
- Crypto exploit, scam losses drop to $28.8M in March after February spike
- Vanuatu passes long-awaited crypto laws that won’t be ‘light touch’
- zkLend hacker claims losing stolen ETH to Tornado Cash phishing site
- SIR.trading begs hacker to return $255K or ‘no chance for us to survive’
- Coinbase CEO calls for change in stablecoin laws to enable ‘onchain interest’
- North Korean crypto attacks rising in sophistication, actors — Paradigm
- The Bill Miller IV Interview: Bitcoin as the Global Denominator of Capital
- Hyperliquid DEX trading volumes cut into CEX market share: Data
- Crypto PAC-supported candidates make a final push to Florida voters
- 4 key Bitcoin metrics suggest $80K BTC price is a discount
- VC Roundup: 8-figure funding deals suggest crypto bull market far from over
- Bitcoin whale accumulation trend mirrors 2020-era bullish activity after BTC price bounces off $81K
- 'Dire consequences' if Musk accesses SEC — US lawmaker
- Price analysis 3/31: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, TON
- Bitcoin could reduce dominance of US dollar — BlackRock
- XRP funding rate flips negative — Will smart traders flip long or short?
- Trump’s focus on cartels highlights new risks for digital assets
- Rhode Island Bill Would Allow State Residents Spend $10,000 Monthly In Bitcoin Tax Free
- Bitcoin’s ‘digital gold’ claim challenged as traders move into bonds and gold hits new highs
- The MIT Bitcoin Expo 2025: Freedom Tech