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The safest way is probably to sell futures on CBOE or CME (those are the exchanges, but you'd do the transactions through your broker). I say safest because you
by jonknee 8y ago
The safest way is probably to sell futures on CBOE or CME (those are the exchanges, but you'd do the transactions through your broker). I say safest because you don't have to worry about counterparty risk from a sketchy offshore Bitcoin exchange. The futures are cash settled based on the price of bitcoin, much like SPX or similar equity indexes.
Obviously there's a ton of risk involved, there's no reason it can't double for a dumb reason and you get caught owing a fortune.