Table of Contents
- NorthAm BinPal - Symbol : hBNBPD
- This token is a NorthAm BinPal, it derives its pricing from BNB and Spot XPD in USD in real time with all transactions occurring on-chain on Pecu Novus. These digital assets are used for speculative purposes, hedging and risk management.
- What is a CryptoPair?
- CryptoPairs are an innovative concept in the cryptocurrency space that holds immense value for traders and investors. CryptoPairs on HootDex offer a unique way for traders to gain exposure to a certain markets in a basket without owning the underlying assets, eliminating gas fees and with swaps happening in lightning speed.
- The Mechanics of CryptoPairs
- CryptoPairs are tokens created on the Pecu Novus Blockchain Network that represent a combination of two to four different assets, ranging from digital assets and physical assets in various global currencies. The pricing of CryptoPairs is derived in a unique way: the real-time composite global pricing of each digital asset in the pair are combined along with a simple calculation. This formula creates a distinct token with a unique pricing structure, allowing traders to gain exposure to a basket of assets without directly owning each individual asset. The value of CryptoPairs to cryptocurrency traders and investors is significant.
- They offer diversification opportunities by allowing exposure to multiple assets within a single token. This diversification can help mitigate risk and enhance portfolio performance, as it enables users to participate in the value movements of various assets simultaneously.
- Increased Benefits
- The increased benefits and opportunities will arise when centralized cryptocurrency exchanges globally list CryptoPairs on their platforms. Centralized exchanges play a crucial role in the cryptocurrency ecosystem by providing users with a regulated and user-friendly environment to trade digital assets. By listing CryptoPairs, these exchanges can offer their users access to a broader range of trading options and investment opportunities.
- VIEW ALL TOKENS
- LATEST CRYPTO & FINANCIAL NEWS
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NorthAm BinPal – Symbol : hBNBPD #
This token is a NorthAm BinPal, it derives its pricing from BNB and Spot XPD in USD in real time with all transactions occurring on-chain on Pecu Novus. These digital assets are used for speculative purposes, hedging and risk management. #
What is a CryptoPair? #
CryptoPairs are an innovative concept in the cryptocurrency space that holds immense value for traders and investors. CryptoPairs on HootDex offer a unique way for traders to gain exposure to a certain markets in a basket without owning the underlying assets, eliminating gas fees and with swaps happening in lightning speed. #
The Mechanics of CryptoPairs #
CryptoPairs are tokens created on the Pecu Novus Blockchain Network that represent a combination of two to four different assets, ranging from digital assets and physical assets in various global currencies. The pricing of CryptoPairs is derived in a unique way: the real-time composite global pricing of each digital asset in the pair are combined along with a simple calculation. This formula creates a distinct token with a unique pricing structure, allowing traders to gain exposure to a basket of assets without directly owning each individual asset. The value of CryptoPairs to cryptocurrency traders and investors is significant. #
They offer diversification opportunities by allowing exposure to multiple assets within a single token. This diversification can help mitigate risk and enhance portfolio performance, as it enables users to participate in the value movements of various assets simultaneously. #
Increased Benefits #
The increased benefits and opportunities will arise when centralized cryptocurrency exchanges globally list CryptoPairs on their platforms. Centralized exchanges play a crucial role in the cryptocurrency ecosystem by providing users with a regulated and user-friendly environment to trade digital assets. By listing CryptoPairs, these exchanges can offer their users access to a broader range of trading options and investment opportunities. #
VIEW ALL TOKENS #
LATEST CRYPTO & FINANCIAL NEWS #
- OKX launches EU stablecoin payment card via regulated issuer Monavate
- Crypto launderers are turning away from centralized exchanges: Chainalysis
- A Fed move to backstop Japan bonds could boost Bitcoin: Arthur Hayes
- UK bans Coinbase ads that ‘trivialized’ crypto risks: Report
- Coinbase moves closer toward rolling out ‘custom stablecoins’
- Silver, gold hype overtaking crypto on social media: Santiment
- Trustless AI agent standard could hit Ethereum mainnet on Thursday
- Steak ‘n Shake adds $5M in Bitcoin to reserve as in-store sales grow 18%
- Nearly 40% of US merchants now accept crypto at checkout: PayPal
- Rodeo becomes 2nd NFT platform to announce closure this week
- $10.8B in Bitcoin options expire this week: Will bulls chase $95K after expiry?
- Crypto needs to become ‘indispensable’ if legislation fails: Bitwise
- Morgan Stanley appoints new head of digital asset strategy
- US Marshals confirm probe into $40M theft claims involving seized crypto
- AI data centers hit same local resistance that slowed Bitcoin mining
- CFTC Staff Issues No-Action Letter, Announces Implementation Updates to 2024 Large Trader Reporting Rule
- Public companies quietly grow Bitcoin holdings as prices stay flat
- Bitcoin’s real ‘Uptober’ moment might start in February: Here’s why
- South Dakota lawmaker takes another run at Bitcoin reserve bill
- Nomura-backed Laser Digital seeks US bank charter amid crypto banking push: Report
