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Topic: [2014-07-28] CD: Coinapult Launches LOCKS, a Tool to Eliminate Bitcoin Price Vol - page 3. (Read 5463 times)

sr. member
Activity: 448
Merit: 250
I've read the 'how it works' explanation but still don't understand how this works. So if you lock or peg your coins to a fiat price that's the amount of fiat worth of coins you will get back anytime?
legendary
Activity: 4522
Merit: 3426
How is it different from selling futures with 1:1 leverage?

Well, one difference is that a futures contract has an expiration date. Another is that you never actually exchange bitcoins for anything.
newbie
Activity: 55
Merit: 0
How is it different from selling futures with 1:1 leverage?
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
Coinapult Launches LOCKS, a Tool to Eliminate Bitcoin Price Volatility

http://www.coindesk.com/coinapult-launches-locks-tool-eliminate-bitcoin-price-volatility/



great and important step! Circle wants to do the same or something like that in the future.



-LiteCoinGuy-
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