Buy Inverse Ethereum Volatility Index Token (IETHV)
What is Inverse Ethereum Volatility Index Token?
Inverse Ethereum Volatility Index Token (IETHV) is a token that is part of the Volmex protocol. It's designed to track the inverse of the Ethereum volatility index price. This allows traders to express views on expected volatility in the Ethereum market.
How does Inverse Ethereum Volatility Index Token work?
IETHV increases in value as Ethereum's volatility decreases. It provides inverse exposure to Ethereum's volatility, thereby allowing traders to hedge against or speculate on changes in Ethereum's volatility. These operations are enabled through smart contracts within the Volmex protocol, which is built on the Ethereum blockchain.
What are the potential use cases for Inverse Ethereum Volatility Index Token?
The potential use cases for IETHV include:
- Hedging against volatility in Ethereum investments.
- Speculating on changes in Ethereum's volatility.
- Diversifying investment portfolios with volatility-based assets.
- Enabling risk management in cryptocurrency trading and decentralized finance (DeFi).
What is the history of Inverse Ethereum Volatility Index Token?
IETHV was launched for trading on June 28, 2021. The token is an integral part of the Volmex.finance protocol, enabling VIX-like indices for crypto-assets. Notable trading platforms for IETHV include Quickswap and Uniswap V3 on the Polygon network.
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Frequently Asked Questions (FAQs)
What is the current price of Inverse Ethereum Volatility Index Token (IETHV)?
The Inverse Ethereum Volatility Index Token price is $266.91 AUD, representing a +0.89% from the day prior.
Where is the best place to buy Inverse Ethereum Volatility Index Token (IETHV) in Australia?
The best place to buy Inverse Ethereum Volatility Index Token (IETHV) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Inverse Ethereum Volatility Index Token (IETHV) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Inverse Ethereum Volatility Index Token (IETHV)?
The trading volume of Inverse Ethereum Volatility Index Token (IETHV) is $105 AUD in the last 24hrs, representing a +0.89% from the day prior.
How can I buy Inverse Ethereum Volatility Index Token (IETHV)?
Inverse Ethereum Volatility Index Token (IETHV) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Inverse Ethereum Volatility Index Token (IETHV)?
The current market cap of Inverse Ethereum Volatility Index Token (IETHV) is $0 AUD.
Can I convert Inverse Ethereum Volatility Index Token (IETHV) to cash?
Yes - With Coinstash you can convert your Inverse Ethereum Volatility Index Token (IETHV) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Inverse Ethereum Volatility Index Token (IETHV) are there?
The current circulating supply of Inverse Ethereum Volatility Index Token (IETHV) is 0.
Is Coinstash a safe place to buy Inverse Ethereum Volatility Index Token (IETHV) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Inverse Ethereum Volatility Index Token (IETHV) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.