How Cryptocoin Insurance works in the cryptocurrency exchange markets.

in ccin •  6 years ago 

Hedging Risks 

Any individual or legal person is able to edge the risk of fall or growth of the main cryptocurrencies such as BTC, XRP, ETH, etc. the insurance is paid base on the fixed cost. As a client, you will be guided by the following data

• The current asset price, 

• The hedged asset price, 

• The number of hedging days 

• The cost of hedging 

The process is similar like how you ensure a car or a house. 

Option Exchange 

Since the launch of the exchange services, it will offer call and put options for Ethers and Bitcoins. As a user of the exchange you will be able to buy or sell ease among the following options:.

• Call option — to buy an asset. This option offers you a chance to buy the asset in the future at a particular price.

• Put option — to sell the asset. This option gives you a chance to sell the asset in the future at a particular price. 

If you are a buyer of call and put options, you are not required to buy or sell your asset. But the sellers of put and call options are required to buy and sell the asset whenever it is required by the option holders. Any option presented on the exchange has it a due number of days such as 5. 10, 50, 100 days. Options are quoted in the form of 24/7 which implies that there are 24 hours a day. This means that the option can be bought or sold throughout the life of the contract.

The price of an option at a specific time period is influenced by the demand and supply, and this means that it is constantly changing. Theoretically option seller carries an unlimited risk which is associated with the variation in the price of the basic asset. And this is why each sale of the option is accompanied by guarantee security.

By selling an option, as a seller immediately you obtain the premium which was paid by the option buyer. The exchange holds a part of the funds on your seller’s account until the transaction goes through or the position by the option when it is closed. The guarantee security (GS) may change as soon as the volatility of the major asset increases or decreases.

If the price of the major asset changes against the seller, he must contribute additional collateral if he is willing to continue to hold this option or sell it.  The whole process is automatically regulated by the exchange. As an options seller, if you do not have enough money on your account, the exchange will automatically liquidate the option position. The exchange sets a limit over the maximum number of options that you can take on one side of the market. This helps in protecting the exchange from the situations when due to the strong market movements in a single direction; where it cannot quickly close your options as a seller whose deposits fall under the GS.

The Market Volume 

The capitalization of the cryptocurrency market holds hundreds of billion dollars. The size of the options markets for shares and commodities vary from country to country and ranges from 1-5% of the amount of the basic asset market. Therefore we can calculate the potential volume of the options market for the major currencies for $50-250 million per day. However, this calculation does not include that options but they only provide an opportunity for short sales, and that can currently not be carried out on cryptocurrency exchanges. This will contribute to the addition in the seller’s demand for instrument decrease. There is $10-20 billion daily trading volume.


Official links for more details,


Website Link : http://ccin.io

Whitepaper Link : http://ccin.io/doc/Whitepapereng.pdf

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