Structure Finance is a trading platform for users of all skill levels that specializes in structured financial products. The $STF token will function as the default currency for the Structure Finance platform. Initially it will perform three main functions: a means of payment for platform fees, a governance token, and as a reward token to incentivize user adoption and liquidity provision. Structure Finance is a cross-chain platform that will launch on Binance Smart Chain and Ethereum. Roadmap items include expansion to Huobi Eco-Chain and the implementation of Chromia as a Layer-2 enhancement for Ethereum. What is Structure Finance (SFT) | What is Structure Finance token | What is SFT token
In this article, we'll discuss information about the Structure Finance project and SFT token
What is Structure Finance?
Structure Finance is a trading platform for users of all skill levels that specializes in structured financial products.
The $STF token willfunction as the default currency for the Structure Finance platform. Initially it will perform three main functions: a means of payment for platform fees, a governance token, and as a reward token to incentivize user adoption and liquidity provision.
Structure Finance is a cross-chain platform that will launch on Binance Smart Chain and Ethereum. Roadmap items include expansion to Huobi Eco-Chain and the implementation of Chromia as a Layer-2 enhancement for Ethereum.
What is a Structured Financial Product?
Structured financial products combine the flexibility of derivatives with the simplicity of basic financial instruments to give retail traders exciting new options for speculation and risk management.
What are the advantages of using Structure Finance?
Explain the financial products to me!
What is a ‘Double No-Touch’ Option?
What is a ‘Straddle’ Option?
A straddle option is a bet that an asset’s value will fluctuate far enough from a set ‘strike price’ to overcome the cost of the option and generate a profit
For example, a user can purchase a one month straddle option for Bitcoin at $56,000. The combined option fees are the maximum loss for the wager
After a month, if Bitcoin’s price has moved far enough below or above $56,000, the user will make back the option fees they paid in the previous step plus extra (their profit)
The STF Token
The Structure Finance token uses the ticker STF. STF is the default currency of the platform and serves three main use cases:
STF is the default currency for the Structure platform. Users can use STF to pay for transaction fees and also to purchase option products. Transaction fees will be collected into a reserve fund, and the use of this fund will be decided upon via decentralized governance.
To encourage users to deposit assets and incentivize a positive feedback loop, there will be token incentives paid out in STF. It is important for the platform to have initial liquidity to enable the option products to have accurate pricing and optimum profitability.
STF will function as a governance token for the Structure platform. STF holders will collectively propose and vote on which assets to support, which protocols to integrate, fee ratios, use of reserve funds, and more.
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)...
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)...
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step - Transfer your cryptos to an Altcoin Exchange
Once finished you will then need to make a BTC/ETH/USDT/BNB deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase SFT from the website: https://structure.finance
The top exchange for trading in SFT token is currently ..........
There are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once SFT gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Top exchanges for token-coin trading. Follow instructions and make unlimited money
Find more information SFT
🔺DISCLAIMER: The Information in the post isn't financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
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