Dear ViaBTC miners:
To help you hedge the coin price risks, ensure earnings ahead of time and gain long-term stable yields, we launched the “Hedging Service” on August 20, 2020 (UTC).
What is “Hedging Service”?
The ViaBTC Hedging Service is tailored for miners to hedge exposure and guarantee earnings in advance. Miners predict mining output for a period of time, borrow coins through the Hedging Service and sell them at the current market price. Subsequently, those successfully mined coins can be used to repay the borrowing from ViaBTC, that’s how long-term and stable mining income is obtained.
What are the advantages of “Hedging Service”?
1. Hedge the coin price risk: effectively avoid or reduce mining losses caused by adverse price changes.
2. Obtain stable mining income: sell future coins at the current price to lock in long-term earnings in advance.
3. Convenient and quick: use hedging coins as margin and USDT as settlement, and support automatic repayment. Once enabled, the system will automatically transfer miner’s mining income for repayment every day.
Please fully understand the risks involved in digital asset investment and operate within your means when using the Service. All investment operations conducted by you on ViaBTC represents your true willingness to invest, and you unconditionally bear the potential risks and profit incurred by your investment decisions.
For Hedging Service tutorials, please visit:
August 20, 2020