Bitcoin Forum

What sites offer trading of bitcoin futures (futures where the underlying is related to bitcoin, settled in bitcoin), for instance like OKcoin? and what ones offer trading of bitcoin options?.

Thanks.

I think BitMEX (https://www.bitmex.com) and https://orderbook.net (old name icBit) is one of the most popular future trading sites. Personally I don't use future trading because it has so much risk involvement. Bitcoin price is very volatile, you don't even know how much will 1 Bitcoin worth next day. If you like risky investments go ahead, but it's just a warning from me. Happy trading.

https://796.com/?lang=en
796 exchange is Pioneer Cryptocoin Derivatives Exchange.
Bitcoin & Litecoin Futures & Up/Down Options Exchange since June 2013. Weekly, Quarterly & Daily Futures Contracts and Options of Various Timeframes Settle on BraveNewCoin Global Price Index.

https://btc-e.com/  or https://www.bitfinex.com/
Just invest what you can afford to lose!  ;D

They are not future/option exchanges. You can only normal margin and leverage trade there. Please don't misguide people.

http://www.reddit.com/r/BitcoinMarkets/comments/2q7j84/question_about_futures_bitfinex/

I don't raccomend to trade on 796.com , have you heard about their loss of 1'000 bitcoins ? This is the thread with a lot of information :

- https://bitcointalk.org/index.php?topic=938765.0  And remember :

Thanks for your comment. Is there an exchange where I can trade Bitcoin options?.

I am Cambodian. I'd like to ask all you here where I can sell my BTC in Cambodia for safety and quickness?

Please help me !

Sincere thanks in advance !

Be careful with them because they dont actually do support. They do like they do but you wont get an answer. I cant believe how stupid it is letting such a big income business be like that.

They lost the coins but they have a system included that prevents this in the future. They collect hundreds of btc in a certain timeframe to put it into an insurance fond against this. But i dont know how trustworthy they are.

I had the same question, though for leveraged trading in general. I created a list with all infos i found then:

https://bitcointalk.org/index.php?topic=923547.msg10388615#msg10388615

Thank you for that comprehensive list! I will try and throw a few bits in your tip jar soon.  :D

Thanks in advance! :)

And if i can give you a tip as someone who learned it the hard way... start small. There is NO time running away. Better dont trade than in a hurry. And dont trade on emotions. Thats a sure way to lose your funds.

If you want to prove your trading skills then do it with small money and learn from that.

I want to add that okcoin has a feature to double the 20 x leverage with a verified owner or so. I didnt investigate this yet.

So far i used 796.com. Its very hard. Its not the fee there, which can eat profits away fast on other exchanges like bitfinex. Its the orderbook spread that makes problems for me.

Thats why i check out other exchanges now.

If its about liquidity then you might check out btc.sx because they trade on the big exchanges orderbooks. I dont know how they make sure that they make a profit though. And i didnt test it.

real options don't exist yet, volatility is too high, market makers won't bite.

OKCoin (https://www.okcoin.com/?invid=2029811) has by far the highest futures liquidity, but leverage is either 10x or 20x.

If you want to kick it up a knotch, 796 Exchange (https://796.com/invite/do/139776?lang=en) offers 50x.

Binary options, if they're your thing, can be used too at 796 and i think some other sites.. While you can trade on margin at BitFinex (https://www.bitfinex.com/?refcode=FYuu9gSC9b) and they have recently gotten some employees from OKCoin so they might be developing futures or options as well.

I am interested in it. I will have a try. thanks for your links and advice !

I also look for a bitcoin exchange which offers bitcoin trading like forex trading. Like, leverage and short or long facilities. Most of the exchanges I use just exchange what we have, no actual trading.