When did options trading start in the cryptocurrency market?

3 answers

• Apr 30, 2022 · 3 years ago
  Options trading in the cryptocurrency market started gaining traction around 2017. As the popularity of cryptocurrencies grew, traders began seeking more advanced trading strategies, and options trading emerged as a viable option. This allowed traders to speculate on the future price movements of cryptocurrencies without actually owning the underlying assets. Since then, options trading has become an integral part of the cryptocurrency market, offering traders more flexibility and opportunities for profit.
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• Apr 30, 2022 · 3 years ago
  Options trading in the cryptocurrency market began in the early 2010s. It started with a few platforms offering options contracts for Bitcoin, and later expanded to include other cryptocurrencies. The introduction of options trading brought more sophisticated trading strategies to the cryptocurrency market, attracting both institutional and retail traders. Today, options trading is a popular way for traders to hedge their positions or speculate on the price movements of cryptocurrencies.
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• Apr 30, 2022 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, introduced options trading in the cryptocurrency market in 2019. This move was aimed at providing traders with more diverse trading options and enhancing the overall trading experience. Since then, BYDFi has become a prominent player in the options trading space, offering a wide range of options contracts for various cryptocurrencies. Traders can now take advantage of BYDFi's advanced trading features and liquidity to participate in the options market.
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