The recent hit to the Bitcoin and Ethereum markets have left many investors feeling burned by the cryptocurrency industry. It was the first time this year that investors and traders were so massively vulnerable, and many people lost a lot of money.
A project called Rhea Token is hoping to help investors avoid these kinds of vulnerabilities in the future. Let’s take a look at what this project has to offer.
One of the most frustrating aspects of the cryptocurrency market is holding onto a coin, then seeing another asset perform better or seeing current holdings decrease massively in value.
Because of this, Rhea token decided to build a platform that allowed investors and traders to treat cryptocurrencies more like traditional investments, assets, and positions.
Through this platform, Rhea users can speculate, trade options, and hedge the cryptocurrency market without having to expose themselves to the risks associated with holding individual cryptocurrencies.
Sounds interesting but must admit I'm not altogether understanding it.... Will look further into it. Thankyou
I see the Rhea project and all assets are being aquired by an investment company, and will be rebranded and remarketed in due course. Anyone who has invested in tokens will be refunded. Website has all details and refund claim form at rheatoken.io. A shame that, but good for the rhea team and platform i suppose