Saturday, October 27, 2018

Cryptocoin Insurance To Protect Against Options Fall

https://i.redd.it/isigr98tcpu11.png

There has never been much talk about insurance in the crypto world but this project is going to be matching 2 needs by creating a crypto options exchange that repackages their insurance fall from those options. Here is a great example: "A client pays insurance in the amount of 0.1 Bitcoin for the deposit in the amount of 3 Bitcoins. If the price decreases by 15% within 3 days, he gets the right to get the insurance in the amount of the deposit fall – 0.45 Bitcoins. In case of the insurance event, CRYPTOCOIN INSURANCE pays the client the insurance from the previously obtained insurances. If there has been no insurance event, the insurance paid by the client will be the company’s income."

https://youtu.be/5lGNPhWi5W0


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