I'll explain what a synthetic dollar is and why it's needed, its advantages and disadvantages, risks, and how to use it, using a specific example on the OKX exchange using an inverse contract on the Bitcoin-dollar (BTCUSD) pair.
▶ Create an OKX account (20% discount): https://bit.ly/igorautsokx
Join the Bitcoin Cafe chat — https://t.me/+1DmvplYW-zRhYjFi
Telegram channel — https://t.me/Bitcoin_Cafe
Twitch — / igorauts
To join the closed group, you need to be my referral on the exchange and have a deposit of at least $1,000. Send me your UID in a private message, I'll check it, and if everything is OK, I'll send you an invitation to the group.
#OKX #USD #BTCUSD