There are two primary contexts in which “up down coin” or “UpDown coin” might be used:
- UpDown options in cryptocurrency trading:
– This is a type of derivative contract that allows users to speculate on the price movement of an underlying cryptocurrency like Bitcoin or Ethereum.
– You buy an UpDown option if you believe the asset’s price will increase (long position), or sell an option if you believe it will decrease (short position).
– The key feature is that these contracts have pre-determined ceiling (target) and floor (stop) prices.
– If the asset’s price hits either the target or stop price, the contract automatically closes, locking in profit or loss.
– This allows for controlled risk, as you know the maximum potential loss upfront, according to Crypto.com.
– [Crypto.com] offers UpDown options for US users through their app, regulated by the Commodity Futures Trading Commission (CFTC).
- Physical coins with an “upside down” or error design:
– These are rare and collectible coins that have been minted with an intentional or unintentional inverted design feature.
– For example, a 1992 One Pound Coin with an “upside down” design is considered a rare find for collectors.
– Similarly, a 2002 One Pound Coin and a 1993 One Pound Coin with the inscription “Decus et Tutamen” (an error coin) are also examples of these collectible items.
In summary, the meaning of “up down coin” depends on the context. In the world of cryptocurrency trading, it refers to UpDown options, which are derivative contracts for speculating on price movements. In the realm of collectibles, it refers to rare error coins with an upside-down design.
What is the most successful coin-operated game?
According to Guinness World Records, the machine was the “most successful coin-operated game of all-time.” A game-changer for the industry, Pac-Man (originally called Puck Man in Japan) came out in 1980 and spawned uber-successful sequels like Ms. Pac-Man.
What is Up-Down in KC?
Up-Down Kansas City features classic arcade games, skee-ball alleys, all only a quarter to play.
How old do you have to be to get in Up-Down?
From my experience, Up-Down Arcade Bar. Featuring over 80 classic arcade games, craft beers, a full bar, and more. 21+ at all hours.