A new method for buying shares on the Chicago Board Options Exchange, which is based in St. Louis, Missouri, has some potential for being an attractive alternative to traditional stock market trading.
According to a report from the Associated Press, a person who goes by the name of hyland is currently selling stock on the exchange for about $30 a share.
The stock is based on the blockchain and is a virtual currency called Ether.
Hyland is offering Ether-based shares on an exchange called OTC Markets, which has a $1 billion valuation.
In order to trade shares, you have to download the blockchain, which allows you to download your own copies of the blockchain.
After downloading, you will need to upload the blockchain to an exchange.
After that, you can trade Ether-like tokens.
Hyland has a website that will give you access to the blockchain for your own use.
You will be able to send Ether-sized amounts to other people on the OTC market.
Hylanders trading strategy has not been disclosed, but it would appear that the strategy is to hold on to Ether, to sell it, and then take a profit.
A typical strategy would be to buy Ether on the market and sell Ether-size tokens to other investors.
Hyland’s strategy would look like this:HYLAND SECURITIES INC.
HYLAND stock, OTC markets, ether token, blockchain, stock, shares, stock exchange, token, token-based, ether source The Associated Press
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