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How can I trade options on cryptocurrencies without paying any commissions?

avatarforenkemaDec 16, 2021 · 3 years ago3 answers

I'm interested in trading options on cryptocurrencies, but I don't want to pay any commissions. How can I achieve that?

How can I trade options on cryptocurrencies without paying any commissions?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    To trade options on cryptocurrencies without paying any commissions, you can consider using commission-free trading platforms like Robinhood or eToro. These platforms offer zero-commission trading for cryptocurrencies, including options. However, keep in mind that there may be other fees involved, such as spread or overnight holding fees. Make sure to read the platform's terms and conditions before trading.
  • avatarDec 16, 2021 · 3 years ago
    If you're looking to trade options on cryptocurrencies without commissions, you might want to explore decentralized exchanges (DEXs) like Uniswap or SushiSwap. DEXs operate on blockchain technology and allow users to trade directly with each other without intermediaries. This eliminates the need for commissions charged by centralized exchanges. However, be aware that DEXs may have higher slippage and liquidity risks compared to centralized exchanges.
  • avatarDec 16, 2021 · 3 years ago
    At BYDFi, we offer commission-free trading for options on cryptocurrencies. With our platform, you can trade options without worrying about paying any commissions. We strive to provide a seamless trading experience with competitive pricing and a user-friendly interface. Join BYDFi today and start trading options on cryptocurrencies without commissions!