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DaC0nsumeR (OP)
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December 30, 2020, 07:42:53 PM
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I haven't seen much here on trading crypto options.

I was looking into Binance's options trading feature, but I find it curious that it's only available on the app. Also, I have my suspicions about it being very one-sided and even rigged by the house.

Recently I heard about Deribit, too. How are your experiences with them?
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cryptoaddictchie
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December 31, 2020, 02:02:16 PM
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It's also available on desktop mode. Actually the desktop version is much good and the app is also working perfectly too.

I have my suspicions about it being very one-sided and even rigged by the house.
What you mean got rigged? Binance is somehow suspicious but they are always being used by most users. The only con I dont like is they often got error and glitches when the exchange is fully used due to hard pump.

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Insanerman
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December 31, 2020, 06:54:27 PM
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I was looking into Binance's options trading feature, but I find it curious that it's only available on the app. Also, I have my suspicions about it being very one-sided and even rigged by the house.


It is normal to have suspicion against Binance as many people's first impression to that were the same, but when you use it, it works fine and doesn't really have any rigs that you are talking about. Yes, some first day listing of cryptos in Binance often dump, but that's because most of Binance users often tend to rush sell a crypto after listing.

There are tutorials on Youtube on how to trade in Binance Options Trading, you can find a lot of video that firmly describes and teaches you ways and strategies you can apply, but remember to study trading strategies alone as well, for you to have a better experience and knowledge in trading per se.
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December 31, 2020, 11:25:07 PM
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It's Ok to be paranoid and suspicious in the crypto world but i don't think it's rigged. I mean, looking at the reputation and customer base they have built over time, why would they decide to rig options?
Is it worth all the time and resource they have put in for 3 years?


The other options feature seems to be new on the web version as well which mean Binance is still rolling them out. You might have to use the apps for now

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January 01, 2021, 04:34:13 AM
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Is it worth all the time and resource they have put in for 3 years?
I think if you are envisioning a long term swindle then 3 years is not that long for a timespan. If they wanted to fix this unrest for some users then they should have fixed it a long time ago right?


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