Algorithmic digital assets trading and market making company GSR has announced it is launching Bitcoin Halo Option, a risk management solution.
In order to take advantage of the new solution, the user needs to pay a premium upfront to buy a Bitcoin Halo Option. Then, after the trading starts with a value of zero, they can make up to 1o trades per day in bitcoin or U.S. dollars. Upon reaching maturity date, the trader received the payout if the trading account has a positive value. However, if they end up noting losses, they don’t lose their original investment.