"Recently, a new generation of financial derivatives platform Bitoffer exchange officially launched options, a bitcoin options only less than $5, most of the users are impatient, eager to experience it. The most important feature of this product is that whether bull market or bear market, there is an opportunity to gain as much as 1000 times leverage.In the meantime need no deposit, no handling fee, profit is high and risk is controllable at the same time, really attractive. Bitoffer’s chief analyst, Lucian, said the aim of the bitcoin options business is to provide investors with precise hedging and additional trading tools, as well as to enrich the market.
Bitoffer option provides 4 cycles, such as 2 minutes, 5 minutes, 15 minutes and 1 hour. Users need to select the option cycle when placing an order.For example, when the current price of bitcoin is $8,000, after analysis, you think that bitcoin is likely to fall in the next hour, so you open a one-hour put option, which costs $5 (USDT). Sure enough, within the next hour after you issue order, bitcoin drops $500. The 1-hour expiration date will be automatically settled by the system without manual operation, and you will get a profit of $500, because you issue a put option.
Considering that some friends may not be familiar with the above case, I made a comparison between Bitoffer option and spot, which seems relatively intuitive.
The difference between option and spot is as follows:
https://i.ibb.co/Wps7zK3/1-7mg7b5n-O4o-GXd-N95-Fd-OZ0-A.png After such a comparison, you will find that options are obviously better than spot, the return is the same, but the principal paid and the risk is much less, and options do not have any related fees, for ordinary investors, why not? If Binance is the No.1 in spot trading, Bitmex is the No.1 in futures trading, BitOffer should me your first option!
It is noting that the simulated account experience has been opened on the official website. It is expected to officially open the firm trading on October 28, and users who register during this period will be awarded $10."
After reviewing this article, now I got a question: which exchange will you take as consideration to trade BTC Options?
