Which cryptocurrencies are commonly traded through options?

3 answers

• Dec 16, 2021 · 3 years ago
  Sure! Some of the cryptocurrencies that are commonly traded through options contracts include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies have a large market capitalization and are widely recognized in the industry, making them popular choices for options trading. Additionally, some exchanges also offer options contracts for other altcoins, but the liquidity and trading volume may vary compared to the major cryptocurrencies.
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• Dec 16, 2021 · 3 years ago
  When it comes to options trading in the cryptocurrency market, the most commonly traded cryptocurrencies are Bitcoin (BTC) and Ethereum (ETH). These two cryptocurrencies have the highest market capitalization and are considered the most stable and reliable options for trading. However, it's important to note that options trading is not limited to just these two cryptocurrencies. There are also options contracts available for other popular cryptocurrencies like Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). The availability of options contracts may vary depending on the exchange you're using, so it's always a good idea to check with your preferred exchange for the specific cryptocurrencies available for options trading.
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• Dec 16, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, offers a wide range of options contracts for various cryptocurrencies. Apart from the commonly traded cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), BYDFi also provides options contracts for altcoins such as Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These options contracts allow traders to speculate on the price movements of these cryptocurrencies and potentially profit from their predictions. With BYDFi's user-friendly interface and competitive fees, it has become a popular choice for options trading in the cryptocurrency market.
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