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Board Beginners & Help
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International payments - hedging against bit coin price swings
by
laotzu
on 19/06/2013, 11:04:19 UTC
My business does a lot of international transactions via the banking system which are expensive and take ages.

We could use bitcoin but would need a way to protect against the price of bitcoin falling against national currencies.

I am looking for a reliable, trustworthy way to do this.  Basically options or futures contracts on bitcoin vs gbp, usd or aud

I see there is icbit.se, is this recommended?, does anybody have any other recommendations?

Ta