How to buy Bitcoin with VIX calls?

3 answers

• Dec 15, 2021 · 3 years ago
  Sure, I can help you with that! Buying Bitcoin with VIX calls involves a few steps. First, you'll need to open an account with a brokerage that offers VIX options trading. Once you have an account, you can purchase VIX calls using the ticker symbol for the specific contract you're interested in. After acquiring the VIX calls, you can then use them to gain exposure to Bitcoin by selling them and using the proceeds to buy Bitcoin on a cryptocurrency exchange. Keep in mind that VIX calls are derivatives, so it's important to understand the risks involved before proceeding with this strategy. Happy trading!
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• Dec 15, 2021 · 3 years ago
  Buying Bitcoin with VIX calls is an interesting approach to gain exposure to the cryptocurrency market. To do this, you'll need to have a basic understanding of options trading and access to a brokerage that offers VIX options. Once you have an account, you can search for VIX call options with expiration dates that align with your investment timeline. After purchasing the VIX calls, you can sell them on the options market and use the proceeds to buy Bitcoin on a cryptocurrency exchange. It's important to note that this strategy carries risks, so make sure to do your research and consult with a financial advisor if needed.
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• Dec 15, 2021 · 3 years ago
  BYDFi is a digital asset exchange that allows users to buy Bitcoin with VIX calls. To get started, you'll need to create an account on BYDFi and complete the necessary verification process. Once your account is set up, you can navigate to the trading platform and search for VIX call options. After purchasing the VIX calls, you can sell them on BYDFi and use the proceeds to buy Bitcoin. BYDFi offers a user-friendly interface and competitive fees, making it a popular choice for traders looking to buy Bitcoin with VIX calls.
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