The Bull Punter Explained

Matrixport
2 min readApr 13, 2020

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With the explanation of the Bear Punter under our belts, we alter our focus to Bull Punter and how it can be used to capitalize when the market shifts in a positive direction for an extended. Similar to its counterpart, Bull Punter is a directional product that enables Matrixport users the opportunity to capitalize when market conditions are favorable via “smartly leveraged returns”.

If the Matrixport user believes the BTC price is poised for a period of positive activity, then Bull Punter is an option that is worth looking into. By the Bull Punter, if the price were to go below the linked price, the investor would take minimal losses on a fee.

Here is one example of how it operates:

Let’s say for example that the fee per share is 0.01 BTC and the Linked Price is 5500 USD and the Expiry Date is April 19, 2020.

  1. If the Settlement price were to rise above 5500 USD at the time of the expiration of the contract, then the investor would be entitled to receive multiplied profits.
  2. On the other hand, if the market shifted and the price at the expiry of the contract was to drop below 5500 USD when the contract expires, then the investor would bear a minimal loss at a maximum of 0.01 BTC.
  3. Bull markets are a fantastic time to be an investor and the longer they last, the more the holder can expect to reap. Bull Punter provides another opportunity for investors of all skill levels to participate differently and leverage compounded gains with minimal cost of risk.

For more information on bull markets, please see this article: https://medium.com/@Matrixport/what-do-bull-markets-mean-for-investors-bbc8047fb3b5

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Matrixport
Matrixport

Written by Matrixport

Asia's largest digital assets ecosystem, providing one-stop crypto financial services to meet the emerging needs in crypto asset management, trading and custody

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