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DUBAI, UAE, July 16, 2022 (GLOBE NEWSWIRE) — JPEX, a licensed and recognized digital assets platform designed to facilitate seamless crypto transactions, has launched the MoonBirds NFT index in the RedHare NFT index contract.
With most traders uncertain about the future of NFTs, no thanks to the highly volatile nature of the market, JPEX’s recently released index contract will address this significant sticking point.
RedHare NFT Index Contract
The RedHare NFT Index – a contracting product that can track NFT projects and aggregate on-chain trading data – is the only veritable hedge tool for NFT holders. This NFT index contract may allow holders to earn profits from short-selling and buying non-fungible tokens.
The RedHare NFT index contract supports over forty times the available leverage. This means that when the price of a profile picture-style [PFP] NFT drops abruptly, these NFT holders can earn profits by short-selling.
MoonBirds NFT…
Full story available on Benzinga.com
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