Crypto exchange Currency.com lists LINK, COMP and UNI DeFi tokens

The regulated crypto exchange Currency.com announced the listing of tokens of popular DeFi projects: Chainlink, Compound and Uniswap.LINK, COMP and UNI tokens will be available paired with USD and Tether (USDT).

The following tokenized trading pairs will be available on the “spot market” (exchange):

• LINK / USD;
• LINK / USDT;
• COMP / USD;
• COMP / USDT;
• UNI / USD;
• UNI / USDT.

Trading pairs LINK/USD, COMP/USD and UNI/USD will also be available for trading with x2 leverage.

Trading with x2 leverage gives DeFi token holders an excellent opportunity to hedge price risks, given the high volatility and uncertainty of further price movements.

One of the features of DeFi tokens, like tokensICO in 2017/18 is a strong impulse growth of several hundred and even thousands of percent and an equally sharp decline. It is impossible to analyze further price movements of such assets. Where it is not possible to analyze using technical, fundamental or other types of analysis, the only salvation from loss of capital is hedging.

How to hedge risks?

For example, you bought a token for $1, and the nextIt costs $3 a day now. You fear that growth may stop and decide to protect most of the profits. To do this, you will need to place a limit (pending) sell order with x2 leverage at $2.5 or lower. The moment the token depreciates by $1, you will earn the same $1 by selling with x2 leverage.

About Currency.com

Currencycom is one of the most popular trading platforms in Russia and the CIS, as well as one of the few fully regulated crypto exchanges in the world. Its activities are regulated by the Decree of the President of the Republic of Belarus «On the development of the digital economy» and other legislation of the Republic of Belarus. Currency Com Limited has a DLT license from the Gibraltar financial regulator.

The platform has a huge selection of assetsshopping and trading - over 1,500. These include top cryptocurrencies, DeFi tokens, tokenized stocks, stock indices, ETFs, commodities, currencies and bonds.

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