Which cryptocurrencies offer bonds quoted on a percentage of par basis?
Christian OkonkwoDec 29, 2021 · 3 years ago3 answers
Can you provide a list of cryptocurrencies that offer bonds quoted on a percentage of par basis? I'm interested in investing in cryptocurrencies that have this type of bond offering. Could you also explain how bonds quoted on a percentage of par basis work?
3 answers
- Dec 29, 2021 · 3 years agoSure! There are several cryptocurrencies that offer bonds quoted on a percentage of par basis. Some popular ones include Ethereum, Ripple, and Stellar. These cryptocurrencies allow investors to purchase bonds that are quoted as a percentage of their face value or par value. For example, if a bond is quoted at 90% of par, it means that investors can buy the bond for 90% of its face value. The bond will then pay interest based on this reduced value.
- Dec 29, 2021 · 3 years agoInvesting in cryptocurrencies that offer bonds quoted on a percentage of par basis can be a great way to diversify your investment portfolio. By purchasing these bonds, you can earn interest while also benefiting from any potential price appreciation of the underlying cryptocurrency. It's important to note that the value of these bonds can fluctuate based on market conditions and the performance of the cryptocurrency. Therefore, it's essential to do thorough research and consider your risk tolerance before investing.
- Dec 29, 2021 · 3 years agoBYDFi is a cryptocurrency exchange that offers bonds quoted on a percentage of par basis. They have a wide range of cryptocurrencies available for bond investments, including Bitcoin, Ethereum, and Litecoin. When you invest in bonds on BYDFi, you can choose the percentage of par at which you want to buy the bonds. This flexibility allows you to tailor your investment strategy to your specific needs and goals. Additionally, BYDFi provides a secure and user-friendly platform for bond trading, making it easy for investors to participate in this market.
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