CoinJar launches hedged accounts for Bitcoin

[1] CoinJar, Australia’s largest Bitcoin company has come up with a new system of hedging Bitcoin against real world currencies.

[2] The new product was launched at Europe’s largest tech innovation conference, Finovate, and will allow users to peg the price of Bitcoin against other major currencies.

[3] According to the company, users having $A400 worth of Bitcoins will be able to access the same value worth of Bitcoins in the future through transferring Bitcoins to Hedged Accounts.

 Coin

[Source] http://www.arnnet.com.au/article/566037/coinjar-launches-hedged-accounts-bitcoin