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1  Economy / Trading Discussion / Whats the way to hedge Bitcoin against dollar? on: July 02, 2016, 01:09:27 AM
Hi There,

I'm wondering to get some to bitcoins borrowed and pay interest in bitcoin. But since I need the money in fiat, I'm wondering what are the options to hedge my bitcoin position using just margin.

My first ideia was to open a 20X long position at OKCOIN Future. In this case, I just need 5% of the capital to protect my position. if the bitcoin price increase, the future will also increase and I'm protected in certain way and less exposed to volatility. What are other ways to hedge?

There are any OTC place where I can buy/sell Hedges?
About BitMEX? It seeems they have a future with 100X leverage. Do you recommend them?

I'll be glad with show me other options...

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