Coinjar to reveal Bitcoin volatility salve

Coinjar to reveal Bitcoin volatility salve

Australian bitcoin exchange Coinjar will unveil plans to fix the value of the highly volatile cryptocurrency for its clients and offer conversion to a range of different currencies at a financial technology conference in London on Tuesday as it moves to compete with remittance providers.

From late Tuesday, Coinjar joins a number of other bitcoin exchanges in offering “hedging accounts” that peg the value of the bitcoins purchased to the currency originally chosen when a conversion is first made.

Source: Coinjar to reveal Bitcoin volatility salve

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