Choose this strategy if you believe Ether is poised to decline in value relative to the USD, and use it to short Ether using USD as collateral.
Discontinue the strategy once you expect Ether's downward trend against the USD to reverse.
Market: Linear Derivatives
Held Asset: USD
Settlement Asset: USD
Strategy: Short
Available from: ALTs Top
Available until: ALTs Bottom
Key Features:
Leverage: 1.0x
Safety Net: 100%
Minimum Deposit: 10 ETH in USD ($10,000 using Hyperliquid exchange)
Maximum Deposit: $4,000,000 (per account or sub-account)
Expected Return: 3%+ per month.
Description: This approach uses USD to engage in linear derivatives markets. It employs the ETH index to programmatically sell (short) ETH contracts priced in USD when Ether's price trends higher and repurchase them when the trend reverses downward profiting from the difference between the average sell price and the repurchase price.
This strategy settles profits in USD and is exclusively available during the bear market cycle.
CB011B and CB011S are related to this one as far as deposit and profit settlement currencies.
Do you need more information?
Explore these resources:
FAQ: Quick answers to common questions.
Setup Guide: Step-by-step instructions for new users.
Strategy Guides: Detailed explanations of our trading products.
Exchanges: Explore our supported list of exchanges.
Bot Explorer: Select and activate your preferred strategy.
API Key Guides: Learn to generate and manage API keys.
Trading Guidelines: Understand our policies and expectations.
Automated Trading Guide: Insights on mechanics and risks.
All about cryptobots.io: Learn about our company and mission.
Profit Share: Manage your earnings and payments.
Affiliate Network: Track your referrals and commissions.
My Bots: Monitor your active trades and their performance.
In-app Help: Access tutorial videos and help guides.
Glossary: Definitions for cryptocurrency and trading terms.