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What is NWSLT (the 2100news Crypto Large-Caps Index Fund)?

Issue Time: 2020-8-26
Total Supply: -
Circulation: -
Website: https://www.2100news.com/2100news-cetf-token/2100news-cetf-nwslt-token/
Explorer: https://etherscan.io/token/0x347cfa9d96c967d9c4c488b67b321cfd57b30c5d

The 2100NEWS NWSLT CETF token is a blockchain-based unit of value pegged to digital assets and100% backed by a basket of crypto assets (components of the NWSLT strategy) on the Iconomi platform. For every settlement token minted, Iconomi holds digital assets. A NWSLT token can track, atonce, multiple digital tokens that constitute the 2100NEWS Digital Assets Large-Caps Tradable Index.It aims to cover the tokens and coins without Bitcoin. The management of the index is practicallyautomatic and is done passively according to predefined parameters. NWSLT CETF tokens offer back-and-forth convertibility. Owners can use the CETF tokens by sending them to the smart contract and convert tokens directly into a strategy on Iconomi or vice-versa.


BIDS

The bid price is the highest price that a particular buyer is willing to pay for a specific product or service. In the context of financial/crypto markets, it is the value buyers offer for an asset, such as a commodity, security or cryptocurrency.

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ASKS

The asking price is the minimum price that an individual would be willing to sell their asset, or the minimum amount that they want to receive in return for the unit(s) they are parting with.

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MY OPEN ORDERS

Here you can see all of your open orders. To cancel an open order, just click the ‘X’ symbol next to it.

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LIMIT ORDER

Limit order gives you the power to set a specific price at which you would like to buy or sell the desired amount of cryptocurrency.

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MARKET ORDER

A market order is an order type that enables you to buy or sell at the best available market price.

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STOP LOSS LIMIT

A Stop Loss Limit order is designed to limit your loss on a cryptocurrency position. A Stop Loss Limit order can be placed to buy or sell a specific cryptocurrency at your entered price (a limit order) once that cryptocurrency reaches a certain price.

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TAKE PROFIT LIMIT

A take profit limit order is an order put in place by traders to maximize their profits and protect their profits on positions. A take profit limit order allows you (a trader) to set your custom made Buy or Sell order. You have to set two prices - the Trigger Price and the buy/sell Price.

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