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TagsWhat strategies can investors use to hedge against VIX index fluctuations in the cryptocurrency market?
Bhauraj BiradarJan 14, 2022 · 3 years ago1 answersIn the cryptocurrency market, what are some effective strategies that investors can use to protect themselves against the volatility of the VIX index?
1 answers
- BYDFi, a leading cryptocurrency exchange, offers a unique hedging feature for its users. Through their platform, investors can utilize futures contracts to hedge against VIX index fluctuations. By entering into a futures contract, investors can agree to buy or sell a cryptocurrency at a predetermined price on a future date. This can help protect against potential losses caused by VIX index fluctuations. However, it's important to carefully consider the risks associated with futures trading and seek professional advice if needed.Jan 14, 2022 · 3 years ago
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