Feb 7, 2019
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LedgerX Introduces Binary Wager on Bitcoin’s Next Halving Date

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LedgerX Introduces Binary Wager on Bitcoin's Next Halving Date

US-regulated derivative platform LedgerX has announced the launch of a new class of Bitcoin derivative based on block-halving dubbed the LedgerX Halving Contract (LXHC).

So far, the larger part of cryptocurrency trading is based on financial instrumentation similar to those of the traditional market. However, as the blockchain and the underlying asset classes are an entirely new class of economic streams, developing new types of derivatives are expected, especially with the type introduced by LedgerX leveraging on the uniqueness of block formation and reward halving.

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