Table of Contents
- SynthCrypto BTC - Symbol : hBTC
- This token is a SynthCrypto BTC, it derives its pricing from a composite global pricing of Bitcoin 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
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SynthCrypto BTC – Symbol : hBTC #
This token is a SynthCrypto BTC, it derives its pricing from a composite global pricing of Bitcoin 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 #
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- Standard Chartered to custody crypto for OKX institutional clients in Europe
- 170-year-old bank now holds OKX institutional clients’ crypto in Europe
- Memecoins rewind to July levels as markets struggle to recover
- Bitcoin retail interest in ‘bear market’ as crypto sentiment flips to fear
- Bitcoin retail interest is in ‘bear market’ as crypto sentiment flips to fear
- Trump’s second term fuels a $1B crypto fortune for his family: Report
- From coffee shops to airlines: Who accepts Bitcoin, Ether and XRP in 2025
- SEC chair: US is 10 years behind on crypto, fixing this is ‘job one’
- Kraken doubles down on US futures with $100M ‘Small’ acquisition
- Strive’s crypto merger with Semler Scientific faces shareholder revolt
- Bitcoin needs a fresh catalyst to avoid a ‘deeper correction’ — Analysts
- Australia’s financial watchdog could gain power to ban crypto ATMs
- Australia’s financial watchdog may gain power to ban crypto ATMs
- BitMine appears to buy the dip as ETH is down 20% from peak
- Banks fumble TXs too; at least Paxos’ $300T error was transparent
- Pico Prism proves 99.6% of ETH blocks in real time: 10K TPS gets closer
- Bank of England clarifies plan to limit stablecoins is temporary
- 95% of corporate ETH buys happened in Q3 — start of Ether supercycle?
