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Author Topic: Bitcoin options. Or, leverage or use margin? How, where?  (Read 221 times)
usablehead (OP)
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November 02, 2017, 08:42:32 AM
Last edit: November 02, 2017, 01:23:02 PM by usablehead
 #1

Is there a way to buy an option on bitcoin today the way I can buy options on a stock? Any recommended services / exchanges?

For pure leverage... Is there a recommended exchange that allows margin / leverage to buy bitcoins?

I'm new to bitcoin.

I found BitMex on Google. Not sure how good it is. Doesn't seem to support simple options which ideal for me.

My goal is either (1) buy an option or (2) to buy a few bitcoins on margin/leverage, and sit on them for a year or two. (Not day trade.)
DaMut
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November 02, 2017, 08:57:42 AM
 #2

if you want to do leverage or margin Bitmex is a good place to do that,
they are offring 1~100x leverage for their costumer when using their exchanger(if i remember it correctly,because 2 months ago i used it).
but if you want to do a leverage but do not want to do the day trade it's not really good or basically noone.
because their fees is quite many for you to handle it if you want to use leverage and holding it for a long time.
they will charge you around 0.3% and if you want to hold it for a year,how much it will be?
i do not recommend kraken.com for doing leverage because they're having an issue with their site when an action begin,
which mean you can not close your position when that move happen.

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usablehead (OP)
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November 02, 2017, 01:20:30 PM
 #3

Thanks DaMut..
Hmm.. I really want to buy and hold..

I updated the subject.. Any bitcoin options trading services?

Can anyone think of any other possible way to do something like this?
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