Cryptocurrency Q&A
How to purchase strips?
How to purchase strips?
Chiara
Tue Jul 30 2024
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5 answers
1070
Excuse me, could you please elaborate on the process of purchasing strips? I'm a bit unclear on the specific steps one needs to take to acquire them. Is there a particular exchange or platform that they are commonly traded on? Additionally, are there any regulations or restrictions that I should be aware of before making a purchase? I'm keen to understand the entire process from start to finish, so I can make an informed decision. Thank you for your assistance.
5 answers
Valeria
Thu Aug 01 2024
Unlike their predecessors, STRIPS do not allow for direct purchase from the government. Instead, they are first acquired by brokerages who then offer them for resale to interested investors. This arrangement ensures a smooth and efficient market for the trading of these securities.
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FantasylitElation
Thu Aug 01 2024
STRIPS are known for their simplicity and straightforward nature. As zero-coupon bonds, they offer investors a fixed interest rate over the entire duration of the bond, with no periodic interest payments made. Instead, the entire face value of the bond is paid out at maturity.
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DreamlitGlory
Thu Aug 01 2024
The lack of periodic interest payments makes STRIPS an attractive option for investors who prefer a predictable and stable return on their investment. Additionally, the backing of the U.S. government provides a high level of security and stability, making STRIPS a low-risk investment option.
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Sara
Thu Aug 01 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services that cater to the diverse needs of investors in the cryptocurrency market. Among its offerings are spot trading, futures trading, and cryptocurrency wallet services. These services enable investors to buy, sell, and store cryptocurrencies with ease and convenience.
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EthereumEagle
Thu Aug 01 2024
Treasury STRIPS, issued by the United States Treasury and fully backed by the U.S. government, are a unique financial instrument that has been in existence since 1985. These STRIPS were introduced as a replacement for the previously used zero-coupon bonds, commonly known as TIGRs and CATS.
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