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I heard a certain cryptocurrency exchange has listed "Tesla stock contracts"—impressive, amazing, incredible!
Retail investors, hurry up and trade TSL contracts! But be careful, this thing is completely volatile on cryptocurrency exchanges. A sudden 1000 USDT surge can liquidate short positions, leaving long positions unable to close;
Or a sudden 400 USDT drop can liquidate long positions, leaving profitable short positions unable to close. What can you do? It's happened before, but since there are no other exchanges offering hedging and arbitrage opportunities, there's no benchmark.
Some might say the NYSE doesn't have this price for TSL. Sorry, the US is the US; this exchange offers this price based on client-driven matching! Haha.
At 11:10, even the gold token Paxg on exchanges crashed like altcoins.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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