TGE New Token Sale Hedging BNB Comprehensive Illustrated Tutorial
Soon there will be another TGE new token sale. Last time, I posted a tutorial on borrowing coins, and later my friends asked for a tutorial on hedging. Although the hedging tutorial doesn't have much value, I will provide detailed information so that everyone can save a little. Without further ado, let's get straight to the tutorial!
First, let's talk about the principle: To participate in a new token sale, you need 3 BNB. However, the price after purchase can fluctuate significantly based on the market, which may lead to a high possibility of losing money. What we want to do is buy at a price and return the same amount after the sale. In addition to borrowing coins, there is also hedging. The principle is to buy three BNB in the spot market and then short three BNB in a contract. As long as the buying and selling times are consistent, the basic loss will only be the transaction fee. Next, let's go through the detailed tutorial!