short $CRT contract

Trading Ethereum Synthetic Derivatives contract with crtLTC


Let’s assume Litecoin is currently trading for $82.50. A trader would like to gain SHORT exposure. Unlike put options that are often time very difficult to digest and understand, we prefer synthetic derivatives like the CRT Token over options contracts or even perpetual swaps.

Our CRT Synthetic Exchange allows cryptocurrency traders to initiate this contract through our CRT Token Module that is used for placing CRT Token 'BETS". We are calling these synthetic wagers "BETS" because the user will have to wager on the future value of a crypto reference rate (price) and specify period of time for the smart contract (duration) execution.

LTC short from $82.50 to $77.25

You would like to sell short 1 LTC, which is currently trading at $82.50. You could short 1 LTC via margin trading and invest $82.5 worth of Bitcoin $27,000 / (100,000,000 Satoshi) to short LTC coins.

Or, you could initiate a crtLTC short contract, and chose settlement price of $77.25 instead. Let us assume the user expects for some reason, technical analysis or momentum trade analysis, that a price of Litecoin will depreciate in 2 days, they might simply wager CRT in the amount of $5.25 (Settlement minus Price) and gain the exact exposure as short selling the underlying crypto outright via conventional crypto exchange.

By purchasing the crtLTC 'short' contract you are saying that by expiration, the Users anticipate ADA to have fallen below the break-even point: $1,77 Strike. Price that is lower than the current Spot $7725 must be covered with CRT collateral that we is available in your wallet.

Unlike with option series contracts, the The profit potential with CRT is always limited to the the price range selected between Spot & Settlement. The Risk involved also is directly tied to the settlement price, and duration of the contract, and as a function of price volatility.

CRT Tokens are extremely powerful because they are standardized synthetic contracts "1 for all - all for 1", for all cryptocurrencies covered in our market universe. You will be able to stake claims on future price movements of crypto, using CRT as a collateral. We support both Long and Short contract series, and bespoke duration of the contracts' maturity.

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