What is Prosper (PROS)? New Opportunities in Cryptocurrency Prediction and Hedging

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Bittime -  In this digital era, cryptocurrency has become an investment instrument that attracts the attention of many people. However, high market volatility means traders and investors need solutions to manage risk and increase profit potential. This is where Prosper (PROS) comes in as an innovative decentralized prediction and hedging platform.

What is Prosper (PROS)?

Prosper (PROS) is a decentralized prediction and hedging platform that allows users to predict digital asset price movements, protect against market volatility, and increase profit potential.

Prosper Key Products and Features (PROS)

1. Prediction Markets: The platform offers a variety of prediction markets for various digital assets, including Bitcoin, Ethereum, and others. Users can predict asset prices at any given time and earn rewards if their predictions are correct.
2. Hedging: Prosper allows users to protect themselves from the risk of cryptocurrency market volatility by using hedging options. Users can purchase put and call options to protect their portfolios from unexpected price movements.
3. Leverage: The platform offers up to 10x leverage to increase profit potential for traders.
4. PROS Token: Prosper platform native token (PROS) used for various functions within the platform, such as paying transaction fees, creating prediction markets, participating in platform governance, earning staking rewards.

Also Read: Crypto Hedge Funds: Opportunities & Risks in a New World 

What is PROS Token?

The PROS token is a native token of the Prosper platform which has several important functions, namely as follows.

1. Paying transaction fees: Users must use PROS tokens to pay transaction fees on the platform.
2. Create prediction markets: Users can use PROS tokens to create prediction markets for specific digital assets.
3. Participate in platform governance: PROS token holders can participate in platform governance by casting their votes on submitted proposals.
4. Earn staking rewards: Users can stake their PROS tokens to earn rewards.

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Tokenomics Token PROS 

• Maximum supply: 100 million PROS
• Circulating supply: 32 million PROS
• Distribution:
  • 30% - Public sale
  • 25% - Team and advisors
  • 20% - Ecosystem and development
  • 15% - Reserve
  • 10% - Staking and rewards

Also Read: What is a Hedge Contract?

Prosper Fundamental Analysis

Prosper's fundamental analysis covers several key aspects that influence the value and growth potential of the project. Here are four aspects of fundamental analysis that are usually considered.

1. Technology: Prosper is built on the Binance Smart Chain (BSC) blockchain which offers high scalability and security.
2. Team: The Prosper team consists of experienced professionals in blockchain, finance, and technology.
3. Community: Prosper has a fast-growing community with over 10,000 members across various social media platforms.
4. Adoption: The platform is still new, but has already gained adoption from several leading cryptocurrency projects.

Comparison of Prosper and Competitors

Conclusion

Prosper (PROS) is an innovative decentralized prediction and hedging platform that offers a unique solution for traders, investors and users looking to earn passive income. The platform has several advantages over its competitors, including decentralization, scalability, security, and innovative features.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Learn Complete Guide How to Buy Crypto on Bittime . 

Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also Read:

Crypto Market Secrets You Should Know

List of BRC-20 Tokens that You Must Know Before Buying! 

How to Buy Bitcoin Using Apple Pay: Easy, Fast and Hassle-Free!

DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.