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Author Topic: Options trading in crypto  (Read 509 times)
vennali
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June 16, 2020, 08:19:14 AM
 #21

Have you ever traded options in crypto?

As I see this kind of trading isn't that popular compared to traditional trading.
From what I know Deribit exchange offer options trading and I saw it on Binance futures platform( but it is raw, I won't trade there at the moment)

With options trading you can earn tremendous profit on big unpredictable movements, especially when expiration date is soon and price of options is low.
Yeah, I got into Options trading quite recently and luckily found Sparrow exchange to start with. Its a lot easier to trade thanks to their UI and simplicity. Now, they've even launched mobile friendly version of it. You can trade Options just a few clicks. Check it out.

Wow, I feel like we're talking about gambling here lol! I'm aware of options trading however I prefer traditional trading. I'm a kind of perfectionist therefore I always want to do anything in my control. Even though traditional trading still doesn't allow me to control a lot of things but at least I can manage my risk and set my target profit!
If you are talking about control, whats better than options? You could utilize it like an insurance and take control of the price. So, even if BTC goes down to 0, you get your money back.

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